Britannia
Food
Britannia Industries Q2 net up 23 pc to Rs 495 crore
Britannia Industries Ltd on Monday reported a 22.96 percent increase in consolidated net profit to Rs 495.20 crore for the quarter ended September.
According to a PTI report: The company had posted a net profit of Rs 402.73 crore in...
Food
FMCG stocks on a roll as household binge during lockdown drives valuations
IANS -
Stocks of fast-moving consumer goods (FMCG) companies are on a roll since the lockdown in March as increased consumption at home and lesser disruption in demand compared to other sectors have boosted valuations.
The FMCG Index grew 32 percent from...
Retail
Direct to Consumer emerges as an alternate sustainable retail strategy post-COVID-19
The recent lockdown sprees have compelled the brands to look at alternative ways to provide consumers the products they need. Therefore, many brands are offering direct-to-consumer (DTC) home delivery services for the first time amid the COVID-19 lockdown. Brands...
Food
Britannia to invest Rs 700 crore to set up five new factories in over 2 years
Homegrown food company Britannia Industries will invest over Rs 700 crore to open five new manufacturing units in the next two-and-a-half years to meet the growing demand in different parts of India, its MD Varun Berry said on Monday.
According...
Food
Ruchi Soya appoints Sanjeev Asthana as CEO
Ruchi Soya Industries, which is owned by Baba Ramdev-led Patanjali Ayurved, has appointed Sanjeev Asthana as its CEO.
According to a PTI report: Sanjeev Asthana has joined as Chief Executive Officer of the company with effect from July 6, 2020,...
Food
In-home consumption surges as consumers binge on biscuits, salty snacks
IANS -
Food categories like biscuits, salty snacks, instant noodles, beverages, edible oils are seeing an increase in demand as in home consumption increases while out of home consumption of FMCG products is expected to take a back seat as the...
Food
Britannia launches WhatsApp based store locator
Britannia Industries Ltd has launched a Store Locator service to enable consumers to find their favourite Britannia products in stores nearby. Given the context of the ongoing lockdown, the GPS-based Chatbot publishes a list of stores near the consumer's...
Food
Lockdown: Britannia utilising 65 pc of its capacity, focus on optimising limited manpower
FMCG major Britannia Industries on Thursday said it is now utilising 65 percent of its installed capacity and is better poised to tackle challenges in the extended lockdown period.
According to a PTI report: In a bid to scale up...
Food
Britannia partners with Dunzo for home delivery of food essentials
Britannia Industries has partnered with on-demand e-commerce platform Dunzo on home delivery of all its products.
Customers can avail Britannia products through the Dunzo app in under an hour of ordering from the ''Britannia Essentials'' store, a joint statement said...
Retail
Factors fueling retail growth in India
Many factors are responsible for the growth of retailing in India. Currently, the consumer profiles are upgrading by themselves as they are increasingly exposed to newer means and varieties of consumption. Increase in consumption is one of the key...
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Latest News
Phoenix Palladium, Mumbai welcomes 4 new brands
The newly launched brands include Lifestyle, Celio, Ecco, and San-Cha Tea Boutique Bengaluru: Phoenix Palladium Mall in Mumbai, operated by...
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