Latest news with #Procter&Gamble
The Hindu
2 days ago
- Business
- The Hindu
Himachal Pradesh HC refuses to quash FIR against P&G in patent case
The Himachal Pradesh High Court has refused to quash an FIR registered against Procter & Gamble (P&G) in a case involving allegations of cheating by using the patented idea of an Indian innovator for commercial exploitation. The FIR of January 2024, lodged on a complaint by Rajiv Rai Sachdev, alleges that P&G invited him to collaborate by submitting a patented innovation as part of its 'Connect + Develop Programme'. Mr. Sachdev claims he shared a proprietary method of dyeing textiles using neem and holy basil extracts — a technology he had patented in India, the U.S., and Europe. While P&G later expressed disinterest in a formal partnership, Mr Sachdev claimed the company went on to launch a product — Whisper Ultra Clean (with herbal oil) — allegedly using the technology submitted by Mr. Sachdev. The innovator said he sent a cease-and-desist notice to the company on May 13, 2022, alleging infringement of his patent and trademark. In response, P&G argued that the process used in their product was entirely different and did not infringe upon the patented method. The multi-national company further contended that the product in question did not follow the innovator's process and merely added herbal oil containing neem to the inner layers of sanitary napkins. The company also said the innovator cannot claim a monopoly over the use of neem, which has been used in India for thousands of years. It challenged a trial court order dated December 30, 2023, which had directed the police to register an FIR against the company. The trial court had also held that the allegations in the application showed that the accused had used the idea of the informant for commercial exploitation. Before the high court, the counsel appearing for P&G emphasised that the allegations, at best, amounted to a civil dispute and that criminal proceedings were unwarranted. 'There can be no dispute with the proposition of law that the civil dispute cannot be turned into criminal proceedings, however, it does not mean that no civil action can give rise to a criminal action,' the high court noted. The High Court further clarified that the availability of remedies under the Patent Act does not preclude recourse to criminal law in cases where fraudulent inducement and misappropriation are alleged. While the company submitted that it never used the technology/process submitted by Mr. Sachdev, the high court said, 'These are the questions of fact which require investigation' 'The allegations in the FIR, if believed to be correct, prima facie show the offence of cheating, and it is impermissible to quash the same. Therefore, the present petition fails, and the same is dismissed,' the high court said in its May 28 judgment.
Time of India
7 days ago
- Business
- Time of India
P&G Hygiene and Health Q4 profit up marginally to Rs 156 crore
Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported an increase of 1.1 per cent in profit after tax at Rs 156.10 crore for the quarter ended March 31, 2025. The company, which follows the July-June financial year, had reported a profit after tax of Rs 154.37.69 crore in the corresponding quarter a year ago. Revenue from operations of Procter & Gamble Hygiene and Health Care Ltd was down 1.05 per cent to Rs 991,63 crore during the quarter under review. It was at Rs 1,002.17 crore a year ago. The company's total expense, which operates in the healthcare and feminine care segment with brands like Vicks and Whisper in its portfolio, was up 11.24 per cent at Rs 791.10 crore in the March quarter. The total income of the Procter & Gamble entity in the March quarter, which includes other income, was at Rs 1,010.78 crore, marginally down on a year-on-year basis. Shares of Procter & Gamble Hygiene and Health Care Ltd on Tuesday settled at Rs 14,213.35 on BSE, down 0.15 per cent from the previous close.
Time of India
27-05-2025
- Business
- Time of India
P&G Hygiene and Health Q4 Results: Profit up marginally to Rs 156 crore
Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported an increase of 1.1 per cent in profit after tax at Rs 156.10 crore for the quarter ended March 31, 2025. The company, which follows the July-June financial year, had reported a profit after tax of Rs 154.37.69 crore in the corresponding quarter a year ago. Revenue from operations of Procter & Gamble Hygiene and Health Care Ltd was down 1.05 per cent to Rs 991,63 crore during the quarter under review. It was at Rs 1,002.17 crore a year ago. The company's total expense, which operates in the healthcare and feminine care segment with brands like Vicks and Whisper in its portfolio, was up 11.24 per cent at Rs 791.10 crore in the March quarter. The total income of the Procter & Gamble entity in the March quarter, which includes other income, was at Rs 1,010.78 crore, marginally down on a year-on-year basis. Shares of Procter & Gamble Hygiene and Health Care Ltd on Tuesday settled at Rs 14,213.35 on BSE, down 0.15 per cent from the previous close.
News18
26-05-2025
- Business
- News18
Groceries, Detergents, Diapers Get Costlier As Trump's Tariff Bite American Consumers
Last Updated: The tariffs, which start at 10 per cent for most imports and reach 30 per cent for goods from China, have placed significant financial strain on retailers and manufacturers President Donald Trump's wide-ranging tariffs on imports have unsettled both American businesses and consumers, with many companies now warning of looming price increases due to escalating import costs driven largely by the tariffs. These tariffs, which start at 10 per cent for most imports and reach as high as 30 per cent for many goods from China, have placed significant financial strain on retailers and manufacturers, according to reports. Several business leaders recently said that Trump's tariff move would increase prices of a variety of items, including groceries, diapers, detergents, toilet paper, clothes, toys, gaming devices and automobiles. Americans are set to face higher prices as companies such as Procter & Gamble, Adidas, Sony, Mattel, and major retailers like Walmart move to increase product costs. Prices on a broad range of goods are rising as US businesses respond to increased import costs following the implementation of the Trump administration's tariff policy. Retail giant Walmart announced it would raise prices, particularly on products made and imported from China, due to tariffs being 'too high," reported CNN. 'We will do our best to keep our prices as low as possible. But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren't able to absorb all the pressure given the reality of narrow retail margins," Walmart CEO Douglas McMillon said. Walmart's Chief Financial Officer, John David Rainey, told CNBC that price adjustments are expected by the end of May, with more substantial increases likely in June. Ford, Best Buy, and several other retailers have also signalled that they might raise prices in the near future. Household goods giant Procter & Gamble (P&G), which owns brands like Pampers, Tide, and Charmin, said on April 24 that it is considering price hikes in certain categories. CEO Jon Moeller told CNBC that consumer price increases are 'likely," as 'tariffs inherently drive inflation," meaning everyday items like diapers, detergents, and toilet paper are set to become more expensive. Adidas, the major sportswear and footwear company, indicated that prices in the US could increase amid continued uncertainty over President Trump's evolving tariff policies. 'Given the uncertainty around the negotiations between the US and the different exporting countries, we do not know what the final tariffs will be," Adidas CEO Bjrn Gulden said in an earnings release on April 29, according to CNN. According to a BBC report, Nike is also planning to increase prices on certain sneakers and apparel in the US starting in early June. Watch India Pakistan Breaking News on CNN-News18. Get breaking news, in-depth analysis, and expert perspectives on everything from geopolitics to diplomacy and global trends. Stay informed with the latest world news only on News18. Download the News18 App to stay updated! First Published:
Business Post
23-05-2025
- Business
- Business Post
Eurozone wage growth plunges, as ECB rate cut decision nears
Growth in wages in the euro-area rose by just 2.4 per cent in the first three months... The former Irish arm of consumer goods giant Procter & Gamble (P&G) paid... Irish startups are ahead of the EU average in implementing AI into their businesses,... Derville Rowland, the deputy governor of the Central Bank of Ireland (CBI), has... US applications for British citizenship hit a record high during the first few months... Bulgaria is close to clearing a major hurdle toward euro adoption, putting the Black... German chancellor Friedrich Merz is 'actively' backing a proposed EU ban on the...
