Saugata Gupta
Food
Marico acquires 45 pc stake in men’s grooming brand, Beardo
Marico Ltd has acquired a 45 per cent stake in Beardo, a men’s grooming brand that sells beard oils, beard waxes, soaps and other grooming products for men’s facial hair.
Marico took a 45 per cent equity share Beardo’s parent...
Retail
Marico Q3 Net profit down by 6.82 pc at Rs 191.64 cr
FMCG firm Marico on Friday reported 6.82 per cent decline in consolidated net profit at Rs 191.64 crore for the October-December quarter on account of lower income due to demonetization.
The company had posted a net profit of Rs 205.68 crore...
Food
FMCG companies hopeful of growth-oriented Budget
After taking a demonetisation hit, FMCG companies are pinning hopes on a growth oriented Budget to see a revival in consumer confidence and create demand both in urban and rural markets.
"We are expecting a growth-oriented Budget with various stimuli...
Food
India Food Forum 2017: Next-gen innovations, trends, market insights, products and food-tech
The 10th edition of India's largest food intelligence event - India Food Forum will kick start from 31st January to 2nd February 2017 at MMRDA Ground, Bandra Kurla Complex, Mumbai.
The three day event will kick off its 2017 edition...
Food
FMCG biggies eagerly wait for GST, call note ban temporary setback
The FMCG sector - already reeling under the impact of two slow growth years were hopeful they would turn the corner this fiscal on the back of a good monsoon and the Seventh Pay Commission handout - was delivered a...
Food
Marico Q2 reports 18 pc increase in consolidated net profit
FMCG firm Marico has reported a 18.05 per cent increase in consolidated net profit at Rs 180.56 crore for the September quarter.
The company had reported a net profit of Rs 152.95 crore in the corresponding quarter a year ago.
Marico's...
Retail
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...
Retail
The Year of Happy Customer
It was a very happy year indeed for the Indian consumer
2014 was the year when what we were hearing about actually happened. And if someone is truly happy about how things happened last year it is the Indian...
Retail
FICCI: Multi-channel retailing is the need of the hour
Indian retail has an exciting potential of 1.2 billion consumers, but is constrained by its relatively inadequate and expensive customer connection points in the form of physical stores. The Federation of Indian Chambers of Commerce and Industry (FICCI) through...
Beauty & Wellness
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...
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Latest News
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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