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FMCG firms pin hopes on normal monsoons to up demand

After two years of drought, the weather department has predicted a normal monsoon this year. Rejoicing along with water-starved villages are FMCG firms, who believe that there is a lot of pent up demand in these areas. Analysts say two...

Staying fashionable with fast-analytics

The retail industry for years has made use of data and intuition to forecast customer demands. With tight margins, volatile markets, and the pace at which customer demands change these days, retailers and wholesalers can’t rely on intuition alone...

Marico Kaya Enterprises List on the NSE and BSE

Kaya is increasingly being looked at as a skin care brand with promise to create value in the skin care business. Marico Kaya Enterprises Limited (MaKE), is now a listed company on the NSE and BSE. MaKE Ltd, a...

Marico Records 17% Rise in Q4 Revenue

FMCG player Marico has posted Revenue from Operations of Rs 1,072 crore (USD 173 million) a growth of about 17 percent over Q4FY13 during the quarter ended March 31, 2014 (Q4FY14). Profit growth, excluding exceptional items accounted in Q4FY13,...

Marico Elevates Saugata Gupta as MD, Marico

The Board of Directors of Marico, an Indian consumer product company in the global beauty and wellness space, has appointed Saugata Gupta, CEO, Marico Limited as Managing Director and CEO.  Gupta will be inducted into the company’s Board of...

Marico launches new Parachute hair oil

Consumer products maker Marico on Thursday launched its new Parachute Ayurvedic hair oil in Andhra Pradesh, as part of its launch of the product in the southern states.“The product has been developed in association with Arya Vaidya Pharmacy of...

FMCGs Up the Ante in M&A

KPMG, the global consultancy company, has revealed that despite the slow global economic recovery, consumer good companies are open to mergers and acquisitions to bolster their competitive edge. According to an intrenational study by KPMG, "FMCG firms are actively...

Marico looks at price rise

To neutralise the increased input cost built over the last few months, FMCG major Marico, is planning to increase the prices of its flagship hair oil brand ‘Parachute’ and edible oil brand ‘Saffola’. Saugata Gupta, CEO, Marico, told PTI...

Marico acquires South-African healthcare brand ‘Ingwe’

Marico, a leading FMCG player, has acquired healthcare brand 'Ingwe' from the South Africa-based Guideline Trading for an undisclosed amount. It has bought the over-the-counter healthcare brand and its related intellectual property rights (IPR) through its subsidiary Marico South...

Marico to extend Parachute into a body oil

Marico is extending its largest-selling hair oil brand, Parachute, into an ayurvedic body oil. Using the festival season as a launch pad, the FMCG major has been test marketing the product along with a soap under the Parachute franchise....
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The Luxottica report card for 2022

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