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FMCG space gears up for greater consumption

With the economy poised to grow at a steady pace this fiscal, it is hardly surprising that fast-moving consumer goods (FMCG) companies are trying to move into the fast lane in India.India has one of the fastest growing consumption...

McDonald’s ranked 12th best brand in Asia-Pacific

McDonald's has been ranked the 12th best brand in the Asia-Pacific region as per the Asia Pacific's Top 1,000 brand survey. The quick service restaurant (QSR) chain was ranked 25th a year ago.The survey has placed McDonald’s ahead of...

Summer Quenchers

As the weather grows warmer, manufacturers of a variety of soft drinks gear up to tickle the taste buds – and capture the dollars – of thirsty U.S. consumers.   What will Americans be drinking this summer? A...

Cadbury acquisition bids strong hold for Krafts in India

The final acquisition of UK’s leading confectioner Cadbury Plc by US-based Kraft Foods Inc for USD19.7 billion has offered Kraft Foods a ready revenue base and a large distribution network in India, which reaches out to about one million...

Nestlé India Board approves proposal of Speciality Foods

Packaged food maker, Nestle India ina recent announcement declared that it will acquire healthcare nutrition business of Speciality Foods limited as a step towards formal entry in the specialised health nutrition space. Following this, the Board of Nestlé India...

Nestle to mull acquiring nutri biz of Speciality Foods

FMCG major Nestle today said its board of directors, in a meeting scheduled to be held on December 9, would consider the acquisition of nutrition business of Speciality Foods India. A meeting of board of directors will be held on...

Amul sees big fat profit in milk, dumps chocolates

Amul chocolates, which made a determined entry in the market in the nineties and stayed put till a couple of years ago, is barely seen on shop shelves nowadays. The grit with which the brand, then only known for its...

Nestle India appoints new Chariman, MD

Packaged food maker Nestle India has appointed Antonio Helio Waszyk as the new Chairman and Managing Director of the company with effect from October 1, 2009. Prior to this, Waszyk was the head of food strategic business unit, Nestle Group,...

FMCG to clock 18- 20% growth in net sales during Q2 FY’10: ASSOCHAM

The FMCG sector seems to have finally joined India Inc's growth party by posting surprising double-digit growth in sales resisting the aftermaths of the downturn. The sector is likely to post a growth of 18 – 20 per cent...

Tata Coffee says no to café retail

Even as the café retail business is seeing a growth of 30 per cent per annum in India, Tata Coffee has no plans of re-entering the café retail business. Tata Coffee had tried its hands in this business when...
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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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