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No reduction in consumer market frauds despite regulatory changes: KPMG in India survey

KPMG in India conducted a survey with more than 75 experts from the finance/ compliance domain in various organisations in the consumer markets sectorNew Delhi: The majority of the respondents feel that there has been no reduction in...

Channel Play: From silos to seamless

A look at the evolution of different channels from functioning independently to becoming unified New Delhi: The lines between offline and online have blurred and the channels once seen as cannibalising each other today have become complementary. Just like offline...

HUL appoints Arun Neelakantan as Executive Director, Customer Development

The changes would be effective from July 1, 2024New Delhi: Leading FMCG maker Hindustan Unilever Limited (HUL) on Thursday announced the appointment of Arun Neelakantan as Executive Director, Customer Development.Neelakantan (43) will be taking over from Kedar Lele, who...

Honasa Consumer acquires cosmetic formulation brand CosmoGenesis

CosmoGenesis will exponentially increase Honasa's ability to research new trends with greater efficienciesNew Delhi: Honasa Consumer, which owns FMCG brands Mamaearth and The Derma Co, on Monday said it has acquired cosmetic formulation maker CosmoGenesis Labs for an...

DS Group’s confectionery business achieves Rs.1,000 crore sales in FY24

The confectionery division of DS Group has grown by over 20 % CAGRNew Delhi: The confectionery arm of DS Group, Dharampal Satyapal Foods Ltd. (DSFL), has achieved an annual sales turnover of Rs.1,000 crores in FY 2023-24, the company said in...

Parag Milk Foods records gross profit of Rs 749 crore in FY24

The company’s profit after tax stood at 91 crore in FY24 showing 70% YoY growth compared to up PAT of Rs 53 crore in FY23Bengaluru: Parag Milk Foods Ltd., a manufacturer and marketer of dairy-based branded products in India,...

Increasing penetration of top brands to create more retail jobs in smaller cities: Experts

With companies increasingly setting up operations in smaller tier II and III cities, there is a significant pool of untapped talent ready to cater to retail expansionNew Delhi: As many top brands, both domestic and global, are expanding their...

FMCG companies expect volume growth in FY25 with improvement in revenue

HUL said it continues to see positive volume growth across most of its businessNew Delhi: Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal...

FMCG industry sees 6.5% volume growth in Mar qtr, rural surpass urban consumption: NielsenIQ

The FMCG industry has experienced a 6.6% growth in valueNew Delhi: The Indian FMCG industry experienced a 6.5% growth in volume terms at a national level in the January-March period of 2024, with rural consumption surpassing urban for the...

Nestle India to focus on driving volume growth going forward: CMD Suresh Narayanan

Nestle India's objective is clearly to accelerate volume growthNew Delhi: FMCG Major Nestle India will focus on volume growth going forward, in a market which is "still impacted by inflation", to be in the top quartile performance, company Chairman...
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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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