FMCG
FMCG
Hindustan Unilever shares fall over 4%
PTI -
The stock fell by 4.15% to Rs 2,540.05 apiece on the BSE and on the NSE, it dropped by 4.29% to Rs 2,536.05 apiece
New Delhi: Shares of Hindustan Unilever Ltd declined over 4 percent in morning trade on Friday...
Latest News
Worst of inflation may be behind us, says HUL CEO Sanjiv Mehta
PTI -
The rural market, which has been reeling under the impact of high inflation, has seen some green shoots in terms of slowing of the decline of growth, added Mehta
New Delhi: The worst of inflation is "perhaps behind" but there...
Food
Pansari Group focuses on expansion in the West and South
The Pansari Group will begin its foray into these markets by opening facilities in Mumbai and a prominent city in Gujarat
New Delhi: North India-based FMCG brand Pansari Group is now focusing on expanding its presence in western and southern Indian markets....
Big Grid
Reliance makes open offer to acquire 26% stake in Lotus Chocolate
PTI -
The open offer starts on February 21 and closes on March 6 and it will aggregate to a total consideration of Rs 38.56 crore over the full acceptance
New Delhi: Two Reliance group firms - Reliance Consumer Products Ltd (RCPL) and Reliance...
Big Grid
Godrej Consumer Products expects double-digit domestic sales growth in Dec quarter
PTI -
Godrej Consumer Products Ltd said the sector witnessed "slow growth driven by poor rural consumption" and a slowdown post the festive season
New Delhi: FMCG major Godrej Consumer Products Ltd (GCPL) expects a double-digit sales growth in the domestic market for...
Big Grid
FMCG industry hopes to recover lost volume, margins in 2023; to shrug off shrinkflation
The surge in raw material costs following the war in Ukraine pushed several FMCG companies to adopt shrinkflation to ensure there is no impact on the fragile recovery in demand
New Delhi: Shrinkflation or reducing the size or quantity of a...
Analysis
Inflation for FMCG segment cooling down, volume from rural markets going to improve, says ITC CMD
PTI -
ITC Chairman Sanjiv Puri said volume growth from rural markets is going to be better as the inflationary pressure on the FMCG calms down
New Delhi: Inflationary pressure on the FMCG segment is "cooling off a little" and volume growth...
Food
Wipro acquires packaged food and spices brand Nirapara
The Wipro group arm has signed a definitive agreement with Nirapara, with this acquisition, Wipro Consumer Care joins many FMCG firms
New Delhi: Wipro Consumer Care on Monday announced its entry into the packaged food and spice segment by acquiring...
Economy
The New Shop launches a programme to help front-end employees become store owner
Through the ‘Employee to Entrepreneur’ initiative, New Shop aims to create entrepreneurial opportunities for its store managers to help them become store owners
New Delhi: The New Shop, an omnichannel convenience commerce company, has announced the winners of its ‘Employee to...
Retail
FMCG makers keeping close watch on softening commodity prices; may extend some benefits
PTI -
Softening of commodities prices will help the FMCG firms in improving their profit margins and also some elbow room to pass on the benefits to consumers
New Delhi: Leading FMCG companies say they are keeping a close watch on...
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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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