DOMESTIC MARKET
Consumer Durables & IT
Voltas AC crosses 2 million unit sales mark in FY24
PTI -
The performance was attributed to a consistent demand for cooling products during the year, coupled with a strong offline and online distribution networkNew Delhi: Leading residential air conditioner maker Voltas on Sunday said it has recorded a 35% sales...
FMCG
Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down
PTI -
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...
FMCG
ITC’s FMCG biz records 21% rise in annual consumer spend at Rs 29,000 crore in FY23
PTI -
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...
Food
White-rum leader Bacardi now enters domestic whisky space
The 158-year-old brand based in Santiago de Cuba, is better known as the white rum brand in the country and has been the market leader here since its entry a few decades back.Mumbai :Bacardi, the Mexican liquor major known for...
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Latest News
Swiggy announces 5th ESOP liquidity programme worth $65 million
So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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