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Former Sri Lanka cricketer Muralitharan to invest Rs 1,400 cr in beverages unit in K’taka

The project, initially planned with an investment of Rs 230 crore, has now been revised to a total of Rs 1,000 croreNew Delhi: Sri Lanka cricket legend Muttiah Muralitharan will invest a total of Rs 1,400 crore in phases...

India largest market for Nestle’s Maggi worldwide, 2nd biggest for KitKat

Nestle is expanding its play under brand Maggi and has launched Oats Noodle, Korean Noodles and various masala variants at an affordable Rs 10New Delhi: India has become the largest market for Nestle globally for its instant noodles and...

India one of fastest-growing markets globally for Nestle, to focus on innovations

The sales of innovation products have been more than 6% in 2023 for Nestle IndiaNew Delhi: India is one of the fastest growing markets for the Swiss global food & beverage major Nestle, where its local subsidiary has delivered...

TCPL aims to double capex to Rs 785 cr in FY25: Chairman N Chandrasekaran

The company is aspiring to become a full-fledged FMCG company with plans to enter new categoriesNew Delhi: Tata Consumer Products Ltd. is aiming to become a full-fledged FMCG company with plans to enter new categories and has more than...

Nestle India to pay 4.5% royalty to parent firm after shareholders reject hike

The shareholders rejected the proposal last month with 57.18% of the total votes against the ordinary resolution and 42.82% of the votes in favourNew Delhi: FMCG major Nestle India on Wednesday said it will continue to pay royalty to...

Whirlpool of India and HUL enter collaboration to market Surf Excel

The integration of innovative technologies from both brands will help in delivering superior fabric careNew Delhi: Appliance and washing machine maker Whirlpool of India and Hindustan Unilever Ltd (HUL) on Wednesday announced a new marketing alliance for Surf Excel,...

HUL appoints Arun Neelakantan as Executive Director, Customer Development

The changes would be effective from July 1, 2024New Delhi: Leading FMCG maker Hindustan Unilever Limited (HUL) on Thursday announced the appointment of Arun Neelakantan as Executive Director, Customer Development.Neelakantan (43) will be taking over from Kedar Lele, who...

P&G Hygiene and Health Care appoints Mrinalini Srinivasan as CFO

Srinivasan, an alumnus of FMS Delhi, currently leads corporate finance and is also the executive sponsor of gender equality for P&G India groupNew Delhi: Procter & Gamble Hygiene and Health Care Ltd on Tuesday said it has appointed Mrinalini...

How global brands are innovating to reduce plastic usage

Learn how international giants such as Unilever, Nestle, Pepsico, Marico and Amazon are attempting to reduce plastic usageBengaluru: Larger global corporations are attempting to innovate and gear themselves towards reducing plastic usage. Brands like Unilever, Nestle, Pepsico, Marico and...

Colgate-Palmolive India Q4 PAT up 20% at Rs 379.8 cr

The company maintained sequential growth momentum in the fourth quarter of FY24 New Delhi: Colgate-Palmolive (India) Ltd on Tuesday reported a 20.1% increase in profit after tax (PAT) to Rs 379.8 crore in the March quarter.The company had posted a...

FMCG companies expect volume growth in FY25 with improvement in revenue

HUL said it continues to see positive volume growth across most of its businessNew Delhi: Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal...

Adani Wilmar Q4 profit jumps 67% to Rs. 156.75 cr

Adani Wilmar sells edible oils and some other food products under Fortune brandsNew Delhi: Edible oil major Adani Wilmar on Wednesday reported a 67% increase in its consolidated net profit to Rs 156.75 crore for the fourth quarter ended...

Nestle India to focus on driving volume growth going forward: CMD Suresh Narayanan

Nestle India's objective is clearly to accelerate volume growthNew Delhi: FMCG Major Nestle India will focus on volume growth going forward, in a market which is "still impacted by inflation", to be in the top quartile performance, company Chairman...

Hindustan Unilever shares dip over 1% post fourth quarter earnings

The company's stock dipped 1.25% to settle at Rs 2,231 apiece on the BSENew Delhi: Shares of Hindustan Unilever on Thursday dipped more than 1% after the company reported a 1.53% fall in consolidated net profit for the March...

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Jamshyd N Godrej, Smita Crishna, others buy stake in Godrej Consumer for Rs 1,645 cr

The shares were picked up at an average price of Rs 1,443.90 apiece, taking the transaction value to Rs...
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