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Bajo Foods raises $2 Mn funding for diabetes and protein based new product brands

Bajo Foods, the parent company of Keto brand Lo! Foods, plans to use the funds for building new product ranges and channel expansion Mumbai: Bajo Foods Private Limited, the parent company of the Keto Brand – Lo! Foods has raised funding...

Inflation for FMCG segment cooling down, volume from rural markets going to improve, says ITC CMD

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...

FMCG firms assure uninterrupted supply amid pandemic-induced curfew

Essential food items are fast disappearing from retail shelves, as well as e-commerce platforms with supplies getting disrupted in some parts of the country due to the recent Covid-induced restrictions. Night curfews and a weekend lockdown implemented in many cities,...

Woodland forays into personal care segment with new range of deodorants

Leading footwear and performance apparel brand Woodland has forayed into the personal care segment by introducing a range of deodorants. The deodorants, catering to both men and women, are part of the spring and summer 2021 collection, Woodland said in a statement. "We...

Piece of Cake: Pandemic sweetens cake sub-segment, attracts bigwigs

Pandemic-induced acceleration in consumption of bakery items has attracted food majors to venture into the "sweet and convenient" sub-category of packaged cake segment. At present, the industry estimates the sub-segment's revenue generation capacity of over Rs 2,500 crore per annum. In...

ITC's diversification strategy bearing fruits

Over the years, ITC Ltd has transformed itself into an umbrella group that offers a diversified product mix. Its position in the FMCG business is on a growth curve under the leadership of Sanjiv Puri, who is taking forward the...

ITC's July-September consolidated net profit down 18 pc

FMCG-to-hospitality major ITC Ltd on Friday reported an 18.23 percent fall in its consolidated net profit at Rs 3,413.44 crore. During the same period last year, the company had reported a consolidated net profit of Rs 4,174.69 crore. Its revenue from...

ITC to focus on eastern market for its dairy business

Diversified conglomerate ITC will focus on the eastern regional markets of the country for its new dairy business vertical, a company official said on Thursday. According to a PTI report: The company is now offering its dairy products in the...

ITC's Savlon to become a Rs 1,000 crore brand

Highlighting Savlon as an example of creating value from acquisitions, the ITC said on Wednesday that Savlon is on course to become a Rs 1,000 crore brand. Sameer Satpathy, CEO, ITC's Personal Care Products Business, said that going by the...

ITC plans to merge three subsidiaries with itself, board meeting in a week

Diversified business entity ITC on Friday said it is considering merger of its three wholly-owned subsidiaries - Sunrise Foods, Hobbits International Foods and Sunrise Sheetgrah - with itself. A board meeting of the company has been convened for this...
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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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