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Coca-Cola India business impacted due to unseasonal rains in June quarter

Unseasonal rains in certain parts of the country, mainly in North India during the peak season had an adverse impact on Coca-Cola India's sales New Delhi: Soft drinks major The Coca-Cola Company on Thursday said its India business was unfairly...

Colgate-Palmolive India Q1 profit up 30.5%, sales up 10.8%

Its sales were up 10.8% to Rs 1,314.73 crore during the quarter under review as against Rs 1,186.59 crore of the corresponding quarter a year agoNew Delhi: FMCG major Colgate-Palmolive India Ltd on Wednesday reported a 30.52% increase in...

Coca-Cola India appoints Ajay Vijay Bathija as VP, Franchise Operations for Southwest Asia

Bathija’s career with The Coca-Cola Company spans nearly 24 years and encompasses a distinct combination of marketing and franchise expertise New Delhi: Coca-Cola India announced the appointment of Ajay Vijay Bathija, as vice president of franchise operations for Southwest Asia...

Is there a sustainable alternative to ‘organic’?

While organic is trendy and sold at a premium, retailers have a bigger opportunity in alternatives to organic food products like residue-free and safe-to-consume productsMumbai: The popularity of organic and environment-friendly produce has been rising in India. More than...

Bikaji Foods International acquires 49% stake in Bhujialalji

Subsequent to the acquisition, Bhujialalji Private Limited will become an associate to the company Mumbai: Bikaji Foods International Ltd. has acquired a 49% stake and 396 Compulsorily Convertible Debentures (CCDs) in Bhujialalji Pvt. Ltd., an upcoming company in the ethnic...

Marico expects food business to reach Rs 850 crore in FY24

Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offeringsNew Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its productsNew Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Patanjali Ayurved to sell 7% stake in Patanjali Foods

The shares of Patanjali Foods will be offloaded through the OFS route and the floor price has been fixed at Rs 1,000 per equity share for the offerNew Delhi: Baba Ramdev-led Patanjali Ayurved Ltd will sell up to 2.53 crore...

ITC’s FMCG biz records 21% rise in annual consumer spend at Rs 29,000 crore in FY23

In terms of distribution reach, ITC's products reached 230 million households in FY23, up from over 200 million households in FY22New Delhi: Diversified conglomerate ITC's FMCG business has recorded a 21 per cent rise in annual consumer spend to...

Consumer demand stable in Q1, margins to improve: say FMCG players

Two FMCG players - Marico and Godrej Consumer Products Ltd (GCPL) - in its quarterly updates reported that the overall consumer demand remained steady in the April-June periodNew Delhi: The fast-moving consumer goods (FMCG) sector witnessed a stable demand in...

Dabur conferred with Asset Triple A Award 2023

Dabur India Ltd. is the only company in India to receive the Asset Triple A Awards in 2023New Delhi: Ayurveda company Dabur India Ltd. has received the Asset Triple A Awards 2023 for liquidity and investments solution category, the company...

Gifting brand, FNP ventures into gourmet food; launches chocolates

FNP Chocolates will be available through FNP.com and in over 400 brand retail outlets across the country  Mumbai: Gifting brand Ferns and Petals (FNP) has entered the gourmet food segment with a range of premium couverture chocolates, the company announced...

Dabur onboards Nora Fatehi as brand ambassador for its new cooling oil brand

As the face of Dabur Cool King, Nora Fatehi will be instrumental in deepening the brand’s connect, particularly in the Hindi heartland New Delhi: Ayurveda personal care company Dabur India Ltd. has roped in Bollywood actress Nora Fatehi as its...

DS Group acquires confectionary maker The Good Stuff Pvt. Ltd. 

With the acquisition of The Good Stuff Pvt Ltd., its brands, including The LuvIt Chocolate & Confectionery will also come under DS Group’s portfolio New Delhi: Dharampal Satyapal Group (DS Group), a multi-business corporation and an FMCG Conglomerate, is acquiring The Good...

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Retail tech small format grocery chain Frendy raises Rs 2 cr

The capital raised will be used to fund its central inventory needs to feed its network of Frendy Marts...
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