Marico Ltd
Food
After hand sanitisers, now vegetable, gadgets disinfectants from FMCGs
IANS -
After launching hand sanitisers to fight coronavirus, fast moving consumer goods (FMCG) companies are hitting the market with other products like disinfectants for fruits and vegetables, personal gadgets and various surfaces.
While Marico Ltd has come out with a product...
Food
Decoding Suraksha Stores: The government’s retail initiative to fight Coronavirus
The government plans to set up a chain of 20 lakh retail shops called 'Suraksha Stores' across India which will provide daily essentials to citizens while maintaining stringent safety norms.
The Suraksha Stores’ initiative will convert neighbourhood kirana stores into...
Food
FMCG companies to pass on GST benefits to consumer
Consumer product makers, including HUL and Patanjali, hailed the GST Council's decision to lower tax rates on commonly used items and said the benefits will be passed on to customers.
According to a PTI report: The Council has reduced tax...
Beauty & Wellness
Marico plans to grow overseas business through acquisitions
Mumbai-based FMCG, Marico Ltd has plans to increase its overseas business by almost 40 percent, that is, to Rs 1,000 crore over the next one-and-half years. The company is looking at acquisitions in Asia and Africa to expand its...
Beauty & Wellness
Marico buys stake in Vietnamese company
Consumer goods company, Marico Ltd has bought 85 percent of International Consumer Products (ICP), a Vietnam-based company for an undisclosed sum.ICP’s X-Men brand has a 35 percent share in the Rs300 crore men’s shampoo market and at least a...
Beauty & Wellness
Emami and Marico set eyes on Paras Pharma
Fast-moving consumer good firms, Emami and Marico, set eyes on Ahmedabad-based firm - Paras Pharmaceuticals Ltd, which has over-the-counter and personal care brands such as Moov, Krack, D Cold, Set Wet among others. Emami, which manufactures personal care brands...
Beauty & Wellness
Marico continues its acquisition spree
FMCG player, Marico, is looking at buying out more companies and brands in the Asian and African regions as part of its expansion plan. The firm, which sells hair oil brands like 'Parachute' is planning to introduce products from...
Beauty & Wellness
Wellness to grow rapidly, say FICCI- FROST & SULLIVAN
In what maybe regarded as an extremely positive outlook, FICCI (Federation of Indian Chambers of Commerce & Industry) Wellness Forum and Business Research & Consulting firm, Frost & Sullivan have released the Wellness Report pegging the industry growth rate...
Retail
Marico net rises in last quarter
Personal care products maker Marico Ltd's Oct-Dec net profit rose 22 per cent helped by higher volumes and softer input costs. The company reported a consolidated net profit of 621.9 million rupees on sales of 6.7 billion rupees in...
Retail
Kaya Skin Clinic hits century
Kaya Skin Clinic, renowned skin care clinic chain in India, announced the launch of its 100th clinic in Guwahati in north-east India. The size of the store is 1,400 square feet. With a CAGR of over 50 per cent...
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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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