Dabur
Food
Dabur completes acquisition of South Africa based-CTL Group's select business
Homegrown FMCG major Dabur said that it has completed acquisition of personal, hair care and creams businesses of South Africa based-CTL group of companies.
According to a PTI report: In November last year, Dabur said its arm Dabur South Africa...
Food
Dabur commissions new manufacturing facility in Assam
Dabur India Ltd, one of India’s leading consumer products manufacturer, on Wednesday commissioned its new manufacturing facility in Tezpur, Assam. The plant, set up with an investment of Rs 250 Crore, is the most modern and environment friendly manufacturing...
Retail
Budget 2017: FMCG players expect the Govt to enhance rural spending, rip taxes
Government's move to enhance rural spending through welfare schemes like MGNREGA and reduction in tax rate on basic income slab would help drive demand for products, say leading FMCG firms.
PTI quoted Managing Director, Godrej Consumer Products Ltd (GCPL), Vivek...
Food
Centre approves to set up mega food park in Mandsaur
The Union Government has accorded approval to establish a mega food park in Daloda tehsil of Madhya Pradesh's Mandsaur district.
"Ministry for Food Processing Industry of the Union Government has given the approval to establish mega food parks in seven...
Food
Patanjali ate into share of some of the biggest brands in 2016: Report
Patanjali Ayurved, the FMCG venture promoted by yoga guru Ramdev, was the biggest disruptive force in India's fast moving consumer goods (FMCG) market, according to a report.
"Patanjali Ayurved has turned out to be the most disruptive force in the...
Food
Demonetization: Dabur forsees near-term pressure on business
FMCG firm Dabur said the demonetization of high value currency notes would have beneficial impact on organised players in the segment.
According to a PTI report: However, on account of scarcity of cash available with customers and trade, the company...
Food & Grocery
FMCG firms report poor Q2 results; expect better times ahead
Even as FMCG majors in India expected a revival in demand in the second half of the year, post a normal monsoon that bought a relief to drought-hit farmers almost after two years, the September quarter has been dismal...
Retail
Mergers: The road to success for the e-commerce industry
Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions in the startup industry and the recent merger of Goibibo with Make My Trip has only corroborated this supposition.
Indeed, the corporate appetite for mergers and acquisitions has increased...
Retail
Patanjali, Dabur, M&M outline 'big' plans to invest in Assam: Govt
Patanjali Yogpeeth, FMCG firm Dabur and auto major Mahindra and Mahindra have decided to invest "in a big way" in Assam.While Ramdev will invest in setting up his business module in the state, Mahindra and Mahindra has expressed interest...
Food
Patanjali's Acharya Balakrishna enters India's rich club with Rs 25,600 crore
After giving major FMCG, and consumer goods companies - like HUL, Dabur, Colgate Palmolive et al - a run for their money with its 'Ayurveda-based' products, Patanjali Ayurved's CEO, Acharya Balakrishna is now surpassing retail biggies in terms of the wealth he has.
Balakrishna, the...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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