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Budget 2023 fulfils aspirations of Vishwakarmas of jewellery business
It is hoped that states will set up a Unity Mall for promotion and sale of locally crafted jewellery
Reliance Industries to enter FMCG market with equal focus on backend sourcing; details here
In the past ten days, RCPL has announced two transactions- a 50 percent investment in the soft drink manufacturer Sosyo Hajoori Beverages and a 51 percent stake in the Lotus Chocolate Company
FMCG giant Dabur completes acquisition of 51 percent majority stake in Badshah Masala
The acquisition comes at a time when the rival FMCG majors like Tata Consumer Products and ITC are also vying for a stake in the spices and seasoning segment
Dabur to take e-commerce route to launch new products: Report
CEO Mohit Malhotra stated that the organisation has put in a separate infrastructure and business head for e-commerce. He also mentioned that Dabur is competing with digital-first players who do not have the possibility of scaling up in the brick-or-mortar channels or general trade sectors
Explained: How food labels will change in India from today
The new directives by FSSAI mandate e-commerce food companies like Swiggy and Zomato to display the calorific value and information related to nutrition and allergen of a food item on packages
Maharashtra: FMCG distributors call off stir against HUL, to continue action against Colgate
The All India Consumer Products Distributors Federation (AICPDF) said in a statement that the distributors would continue to boycott certain products of Colgate as the oral care company has not come forward for talks
Q1 revenue seen falling 8-10% sequentially; year-on-year may clip at 50%: Crisil
The Crisil estimate is based on an analysis of 300 companies accounting for 55-60 percent of the market capitalisation (excluding financial services and oil companies)
FMCG sector grows 7.3% in December quarter, rural sales up 14.2%, says data firm Nielsen
The snapshot released by NielsenIQ’s Retail Intelligence team showed large manufacturers bouncing back and small ones clocking double-digit growth
Reliance Retail plans to use kirana stores for delivery of non-perishable items ordered on JioMart
The kiranas will source goods from the retail giant or elsewhere in case it is not available with Reliance Retail.
Hindustan Unilever drops 'Fair' from 'Fair & Lovely' to make brand more inclusive
Consumer brand Hindustan Unilever announced Thursday that it's dropping the word 'Fair' from its popular fairness cream brand 'Fair & Lovely' to achieve a "more inclusive vision of beauty", reports said.
Biscuit supply remains short of demand and trends show sector likely to grow in double digits even after lockdown
As lockdown eases, Kundu said growth in biscuits may subside during Q2 or Q3 but it will still see double digit growth in volume
Markets end strong after subdued sessions: Sensex rallies over 990 points, Nifty surges to 9,315; Axis Bank top gainer, soars over 13%
Sensex rallied 996 points on Wednesday, led by massive gains in banking and IT stocks ahead of the expiry of monthly derivatives amid firm overseas cues.
Colgate-Palmolive India Q4 net profit rises 3.3% to Rs 204 cr on tax reversals; COVID-19 outbreak hits sales volume
Colgate-Palmolive said its board in a meeting held on Thursday has declared a second interim dividend of Rs 16 perequity share for the financial year 2019-20.
After Narendra Modi's appeal to promote local goods, paramilitary canteens to now sell only indigenous products from 1 June
Taking a cue from Prime Minister Narendra Modi's appeal to promote local products, Union Home Ministry on Wednesday decided that canteens of paramilitary forces will sell only indigenous products from June 1 in a bid to give a fillip to small scale industries and Khadi.
Market ends on positive note; Sensex jumps 637 points, Nifty above 9,350; Re settles higher at Rs 75.46 against dollar
The Nifty bank index was up by 4 percent. Besides, sharp buying was also witnessed in the auto and metal stocks.
Markets close on positive note: Sensex 199 points up, propelled by strong gains in RIL; rupee closes higher
Reliance Industries was the biggest contributor to the gains on the index, jumping over 3 percent after the company announced that US-based PE firm Vista Equity Partners will buy 2.32 percent stake in Jio Platforms for Rs 11,367 crore.
Procter & Gamble's profit up 1% to Rs 91 cr in March quarter, sales down 6%; firm says lockdown impacts business operations
Procter & Gamble Hygiene and Health Care Ltd on Friday reported a marginal rise of 1.09 percent in net profit at Rs 91.10 crore for the March quarter 2020 as the lockdown impacted its business operations
Sensex ends over 260 points lower at 31,454; Nifty falls 87.90 points to 9,206; except energy, infra, all sectoral indices in red
The Sensex surrendered all its early gains to end 262 points lower on Tuesday due to emergence of a sudden sell-off in financial stocks at the fag-end of the sessio
Marico Q4 net profit down 50.6% to Rs 199 cr due to COVID-19 related disruptions; net sales drop 7%
FMCG firm Marico Ltd on Monday reported a 50.62 percent decline in consolidated net profit at Rs 199 crore for the fourth quarter ended March 2020 due to COVID-19 related disruptions
Hindustan Unilever shares drop over 5% after company reports 4% decline in net profit in Q4
Shares of Hindustan Unilever on Monday fell 5.5 percent after it reported a 3.93 percent decline in consolidated profit for the fourth quarter due to coronavirus crisis from mid-March