Unilever, P&G wage price war for edge in India

Article Abstract:

Procter & Gamble Co. aims to gain share of Indian market, but finds itself in keen competition with Unilever's Indian subsidiary Hindustan Lever Ltd. Though the India-based subsidiary has seen its profits fall close to 50% due to a price war launched against it by Procter and Gamble, it remains confident that it can not only fight off Procter and Gamble's bid for the market, but that its business will emerge s trengthened .

United Kingdom, China, Strategy & planning, Foreign operations, Sales & consumption, Commodity & service prices, Market share, Goods & services distribution, India, Soap and Other Detergent Manufacturing, CHEMICALS AND ALLIED PRODUCTS, Soap, Cleaners, and Toilet Goods, Latin America, Russia, Channels of Distribution, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Soaps & Detergents, Analysis, Prices and rates, Procter & Gamble Co., Chemical industry, Soap and cleaning agents industry, Cleaning agents industry, Distribution, Unilever Group, Pesticides industry, Company market share, Herbicides, Company distribution practices, Hindustan Lever Ltd., Company pricing policy, Market size, Foreign operations (Business), Price cutting, Aims and objectives, Sulphur industry, Subsidiaries, divisions and units

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Ahold report to cite two officials: Stock price slides on news; Argentine authorities open inquiry into possible fraud

Article Abstract:

Mark Kaiser and Tim Lee, executives of U.S. Foodservice Inc., Ahold NV?s subsidiary, will be blamed for inflating supplier rebates when Ahold produces an internal report. The United States Securities and Exchange Commission is investigating the accounting irregularities, and possible fraud is also being investigated by Argentina's officials regarding Ahold?s Disco supermarkets.

Legal issues & crime, Food Stores, Food and Beverage Stores, Netherlands, Grocery Stores, Supermarkets and Other Grocery (except Convenience) Stores, Retail Trade, Supermarkets, Executive changes & profiles, Argentina, Officials and employees, Company legal issue, Cases, Retail industry, Grocery industry, Investigations, United States. Securities and Exchange Commission, Koninklijke Ahold N.V., U.S. Foodservice, Kaiser, Mark, Lee, Tim, Disco Ahold

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