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Marico Q2 net profit falls to Rs 307 crore, revenue up at Rs 2,115 crore

Marico reasons that the profit was down mainly due to losses on translation of foreign currency receivables and higher Effective Tax Rate (ETR) New Delhi: FMCG firm Marico Ltd reported a decline of 2.84 per cent in its consolidated net profit...

White-rum leader Bacardi now enters domestic whisky space

The 158-year-old brand based in Santiago de Cuba, is better known as the white rum brand in the country and has been the market leader here since its entry a few decades back. Mumbai :Bacardi, the Mexican liquor major known for...

Bikano to accelerate digitalisation, e-commerce and D2C channels in 2022

In talk with Manish Aggarwal, Director, Bikano to know the insights of the business        If you had to pen down your top 3 learnings from        2021 then what would that be? Hygiene, Convenience &...

FMCG firms apply 2020 pandemic learnings for minimal disruption

Amid surging COVID-19 cases in the country, FMCG companies say they are applying learnings from the last year when nationwide and several localised lockdowns impacted their manufacturing and supply chain, to mitigate impact of any future disruption. Emami Ltd Director Harsha V Agarwal said based...

Marico says ‘has witnessed healthy momentum building across key portfolios’

FMCG major Marico on Monday said it has witnessed healthy momentum building across its key portfolios and expects low double-digit bottomline growth in the fourth quarter last fiscal after being impacted by the COVID-19 pandemic, as per a PTI report. Marico, in...

Tax reduction, rural development to give new boost to FMCG Industry

The sudden job losses, migration of laborers and the fear of stepping out due to the coronavirus pandemic have affected people’s consumption pattern majorly in 2020.  But, the announcement of certain favaourable measures including reduction of tax personal taxes...

FMCG industry grows 7.3%, rural sales up 14.2%: Nielsen

The FMCG industry in India has recorded a value growth of 7.3 per cent in October-December quarter helped by consumption-led recovery during the festive period and increase in sales from traditional as well as organised trade, according to data analytics firm Nielsen. The metro market witnessed...

COVID-19 compels Food & Grocery Industry to re-imagine innovation

It’s been exactly one year since the first Coronavirus case was reported in China, yet the pandemic continues to impact both industries and consumers across the world at an unprecedented scale. Just like other industries, the Fast Moving Consumer...

From Kiranas to Corporates: The evolution of modern retail in India

Food & FMCG products in India were typically retailed in small individually or family-owned and operated stores located in villages, city neighborhoods, and large urban markets. Grocery stores (called Kirana stores locally) account for the bulk of food retail...

Re-Engineering sales & distribution systems is the need of the hour for FMCG brands

From travel to shopping and banking, everything around us has changed significantly over the past few years. The rapid growth of digitization has introduced several innovative technologies and strategic approaches which have changed the way Indian businesses function. Consumer...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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