Tata group in talks with Bisleri to acquire a stake in the packaged water company

The Indian bottled water market was valued at over USD 2.43 billion (around Rs 19,315 crore) in FY2021, said a report from market research and advisory TechSci Research.

published on : 13th September 2022

Sortizy app: Health served on a platter

When Surbhi Guha decided to eat healthy for the nth time, she was determined to not give up this time.

published on : 10th September 2022

$65 billion in 2022 and counting: Meteoric rise in Adani’s wealth

There has been a phenomenal growth of his wealth. Adani’s wealth was less than $10 billion when Covid-19 first became a global phenomenon in March 2020.

published on : 4th September 2022

Reliance to enter FMCG business this year, partner 1 crore merchants in 5 years

Addressing the 45th AGM of Reliance Industries on Monday, Reliance Retail Ventures Ltd (RRVL) Director Isha Ambani said: "This year, we will launch our FMCG goods business".

published on : 29th August 2022

Dabur Chairman Amit Burman resigns, to remain non-executive director

Burman started his career at Dabur’s Industrial Engineering Department where he was responsible for the induction of machinery, method improvements, manpower reduction and improving product packaging.

published on : 13th August 2022

Tata Consumer Products Q1 profit up by 38 per cent at Rs 276.72 crore

The company’s revenue from operations increased 10.58% to Rs 3,326.83 crore during the quarter under review as against Rs 3,008.46 crore in the corresponding period last fiscal year.

published on : 11th August 2022

FMCG major Dabur’s net profit increases by 0.6 per cent

Its revenue from operations moved up 8% to Rs 2,822.43 crore during the quarter under review, as against Rs 2,611.54 crore in the corresponding period a year ago.

published on : 5th August 2022

FMCG major ITC exits lifestyle retail business

The decision was made after a strategic review of its business portfolio, the company said in a regulatory filing.

published on : 3rd August 2022

ITC Q1 net profit increases 34 per cent to Rs 4,390 crore

Revenue from operations surged 39.25% to Rs 19,831.27 crore, from Rs 14,240.76 crore posted in the same quarter last year.

published on : 2nd August 2022

Pet care industry grows after pandemic; attracts FMCG companies

According to a media reports, the overall dog food market in India is projected to rise at a 15 per cent current value CAGR in the next 5 years.

published on : 31st July 2022

Nestle India’s net profit down 4.3 per cent; acquires Purina Petcare

In terms of categories, milk products and nutrition, confectionery and beverages witnessed double-digit growth across brands.

published on : 29th July 2022

Colgate reports 10 per cent fall in net profit in Q1

CPIL’s total expenses also rose 6.95% to Rs 916.60 crore in the quarter under review, as against Rs 856.99 crore in the same quarter a year ago.

published on : 28th July 2022

E-commerce firms Amazon, Flipkart on gig-hiring spree 

As many as 5 lakh gig tasks were offered during the month compared to 3 lakh gig work in May this year, according to Taskmo Gig Index (TGI).

published on : 22nd July 2022

Inflation to stay at elevated levels: ITC Chairman Sanjiv Puri

Puri hinted at a possible de-merger of the hotel business during the press conference, saying, “Now that there are indications of industry on a positive trajectory, it is very much on the table.”

published on : 22nd July 2022

After 3 years, shares of ITC hit Rs 300 level

ITC shares have gained 45.5% in the last year and in 2022 alone, it has surged by 38 per cent. 

published on : 22nd July 2022

 ITC to focus on exports for FMCG portfolio, says Chairman Sanjiv Puri

Puri said it is the company’s aspiration to take these brands to overseas markets. and that ITC has launched over 110 products during the year.

published on : 21st July 2022

FMCG giant Marico expects demand and margins to improve in second half of FY23

The company in its latest annual report said that the consolidated operating margin should be in the range of 18-19% in FY23.

published on : 15th July 2022

Wipro Consumer Care diversifies into packaged food business 

“Our leadership changes align with our ambitions of being a significant and leading player in the FMCG space in all the markets we operate in,” Agarwal said.

published on : 15th July 2022

Relief for consumers as companies pause price hikes 

The brokerage firm also expects the profitability margins of organised peers to be better than consensus estimates in H2FY23.

published on : 12th July 2022

Road-based logistics sector may see 7-9% rise in revenue this fiscal: Report 

However, operators' debt coverage metrics are expected to marginally weaken in FY23 from FY22 levels.

published on : 7th July 2022
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