Progressive Grocer
In the year 1972, when M. Selvaraj came to Chennai from his native place (down south in Tamil Nadu), he was brimming with ideas and aspiring to start his own business. He piloted an in-depth analysis on Chennai's grocery...
Progressive Grocer
Suntory Holdings Completes Acquisition of Beam Inc.
Following Suntory Holdings Limited acquisition of Beam Inc, Beam has been renamed Beam Suntory Inc. The new company will integrate the Spirits business of Suntory Liquors Limited before the end of this year. The transaction creates a company with...
Progressive Grocer
Pastonji Launches ‘GoSip’ Flavoured Milk
Mumbai-based ice cream and beverage distributor and retailer Pastonji has launched ‘GoSip’, the flavoured milk, in the Western region of India. The company claims that the product is a sweetened dairy drink made from pure milk, sugar, flavourings and...
Progressive Grocer
Marico Records 17% Rise in Q4 Revenue
FMCG player Marico has posted Revenue from Operations of Rs 1,072 crore (USD 173 million) a growth of about 17 percent over Q4FY13 during the quarter ended March 31, 2014 (Q4FY14). Profit growth, excluding exceptional items accounted in Q4FY13,...
Progressive Grocer
Aspri Spirits Launches Don Angel Oro Tequila Fruit Margaritas
Aspri Spirits, an importer and distributor of wines, beer, cider and spirits has launched Don Angel Oro Tequila fruit margaritas, on the occasion of Cinco de Mayo celebrated on May 05th in the US and Mexico, in Mumbai.Don Angel...
Progressive Grocer
Dabur Q4 Consolidated Net Profit Up 17.3% at Rs 235.29 Cr
Strong volume-led growth across key categories like Health Supplements, Digestives, Shampoos, Toothpastes, Foods & Home Care helped Dabur India mitigate the impact of a challenging business environment and macro headwinds to end the fourth quarter of 2013-14 financial year...
Progressive Grocer
Godrej Consumer Products Q4 FY14 Net Profit Stands at Rs 1.67bn
Godrej Consumer Products reported net profit of Rs 1,670.30 million for the quarter ended March 31, 2014 as compared to Rs 1,502.60 million for the quarter ended March 31, 2013. Total income stood at Rs 1,0595.70 million for the...
Progressive Grocer
HUL Posts Net Profit of Rs 8,721.30 mn in Q4
Hindustan Unilever has posted a net profit of Rs 8,721.30 mn for the quarter ended March 31, 2014 as compared to Rs 7,872.00 mn for the quarter ended March 31, 2013. Total Income has increased from Rs. 65716.40 mn...
Progressive Grocer
Fruit & Vegetable retail in India is gradually transforming with organised players revisiting their business model at every step of the value chain from farm to fork, in order to restructure it. They are reinventing their distribution and marketing...
Progressive Grocer
D’lecta Foods to Launch New Products for Expanding Presence in Consumer Segment
Mumbai-based food products marketing and distribution company D’lecta Foods has announced plans of expanding its presence in the consumer segment by launching new products over the next 12 months. Currently, only a section of D’lecta products are available in...
Progressive Grocer
Tradus.com Launches Delivery of Groceries from Local Sellers
ibiboGroup owned Tradus.com, an Indian location-based mobile marketplace, has introduced grocery delivery by local sellers. Consumers can order their daily needs such as dal, rice, sugar, tea to dry fruits from local sellers via Tradus mobile apps (android, iOS...
Progressive Grocer
Walmart Stores Invests $334 mn to End Deal with Bharti Enterprises; Appoints Greg Foran as Asia Head
Walmart Stores has invested $334 mn (Rs 2,025 crore at current rates) to end its retail partnership with Bharti Enterprises, according to media reports.The report stated that the world's biggest retailer paid $100 mn (Rs 606 crore) to acquire...
Progressive Grocer
Diät Foods Expands Product Portfolio
Diät Foods (India), a Mumbai-based manufacturer of healthy, sugar free food products under the brand, Sugarless Bliss has expanded its portfolio with the launch of jams and multigrain cookies.The new range of sugar free jams are available in six...
Progressive Grocer
Gautam Sharma Appointed as the First Non-Japanese MD of Indo Nissin
Gautam Sharma has been appointed as the managing director of Indo Nissin, the Indian arm of Japanese food major Nissin Foods, the creator of Top Ramen noodles. He replaces Yuji Tabeta heading the Indian wing since 2007. This is...
Latest News
Tata Consumer Products completes merger of three wholly-owned subsidiaries in India
TCPL has merged its wholly-owned subsidiaries Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages Ltd, and Tata SmartFoodz LtdNew Delhi:...