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Rural recovery for FMCG companies takes a pause amid food inflation, uneven rains

FMCG makers like HUL, ITC and Nestle have expressed concerns over uneven rains, the impact of crop output and rising prices of some commodities such as wheat, maida, sugar, potato, coffee, etc New Delhi: The FMCG industry has witnessed a...

Vegan wellness startup Fitspire partners with Tiger Shroff

As part of the tie-up, a recently-released Tiger Shroff movie Ganpath features Fitspire Peanut Butter in various scenes New Delhi: Wellness startup Fitspire has announced a strategic partnership with Bollywood actor Tiger Shroff and his recently released movie, Ganpath. According to...

Dabur scaling up Hajmola and Odomos to include them on its power brand list

Dabur's FMCG portfolio currently includes nine distinct power brands; eight in India and one in the overseas markets, which together account for 70 per cent of its total sales New Delhi: Home-grown FMCG major Dabur is scaling up its digestive...

Not in negotiations with Haldiram’s to buy majority stake: Tata Consumer Products

Tata Group's FMCG arm is in talks with Haldiram's to buy a majority stake, but not comfortable with a high enterprise valueNew Delhi: Tata Consumer Products Ltd (TCPL) on Wednesday said it is not in negotiations with Haldiram's to...

Lighthouse Advisors India sells 1.3% stake in Bikaji Foods for Rs 156 crore

Lighthouse Advisors through its investment vehicle Lighthouse India Fund III sold the shares of Bikaner-based Bikaji FoodsNew Delhi: Mumbai-based Lighthouse Advisors India on Tuesday divested a 1.3 per cent stake in Bikaji Foods International for nearly Rs 156 crore...

Nestle India enters into millets-based Ready-to-Make category

The company has introduced a+ masala millets containing bajra in the select market of NCR and online but has plans to expand it to other markets as it scales up New Delhi: FMCG maker Nestle India has entered into the...

Honasa Consumer plans to raise Rs 400cr from IPO

Honasa will spend the proceeds on offline expansion, bringing more brands to the market and on acquisitionsNew Delhi: IPO-bound Honasa Consumer Ltd, which owns new age FMCG brands such as Mamaearth and The Derma Co, expects to raise Rs 400...

P&G India appoints Mukta Maheshwari as its chief marketing officer

With over 16 years of experience at P&G, Maheshwari is set to lead the company’s marketing function in India effective September 1, 2023 Mumbai: Procter & Gamble (P&G) India, maker of brands like Ariel, Whisper, and Gillette, has appointed Mukta...

FSSAI amends alcoholic beverage norms; says no nutritional info on label except energy content

FSSAI has come out with 'Food Safety and Standards (Alcoholic Beverages) First Amendment Regulations, 2023', which will come into force on March 1, 2024New Delhi: Alcoholic beverages must not contain any nutritional information on the label except the voluntary...

Swiss chocolate brand Läderach enters India

The brand entered the country in partnership with DS Group and plans to open 5-7 exclusive Läderach boutiques over the next two yearsNew Delhi: Luxury Swiss chocolate brand Läderach opened its first exclusive store in India on Wednesday, located...

Bikano enters branded spice segment

Bikano has launched a new sub-brand, 'Swad Anusar' under which it is set to introduce a range of blended spicesNew Delhi: Snacks and sweets maker Bikano has forayed into the branded spice market, a category witnessing fast growth in the...

Dabur scouting for acquisition targets in D2C healthcare, personal care: CEO

The acquisition will help Dabur to increase its play in the fast-growing premium segment and also to strengthen our urban play, Malhotra said in a post-results Investors' Conference CallNew Delhi: Homegrown FMCG major Dabur India is looking for an...

FMCG firm Onest Ltd files IPO papers with Sebi

Onest Ltd IPO with a face value of Rs 10 comprises a fresh issue of Rs 77 crore and an offer for sale of up to 32.5 crore sharesNew Delhi: FMCG firm Onest Ltd has filed preliminary papers with capital...

Ice-cream chain Naturals opens outlet in Maharashtra

The outlet is located at Marol, Andheri east area in MumbaiMumbai: Mumbai-based ice cream chain Naturals expands its retail horizon with the launch of its latest outlet in Maharashtra, the company announced in a press release. The outlet is...

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Malabar Group’s Playaza to launch Rs 20 crore FEC in Kochi

The 23,000 sq. ft. outlet will be located at Centre Square Mall, MG Road, Kochi Bengaluru: Retail conglomerate Malabar Group’s...
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