FMCG
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HUL appoints Arun Neelakantan as Executive Director, Customer Development
PTI -
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...
Beauty & Wellness
Honasa Consumer acquires cosmetic formulation brand CosmoGenesis
PTI -
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...
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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...
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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,...
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Increasing penetration of top brands to create more retail jobs in smaller cities: Experts
PTI -
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...
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FMCG companies expect volume growth in FY25 with improvement in revenue
PTI -
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...
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FMCG industry sees 6.5% volume growth in Mar qtr, rural surpass urban consumption: NielsenIQ
PTI -
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...
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Nestle India to focus on driving volume growth going forward: CMD Suresh Narayanan
PTI -
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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Patanjali Foods gets show cause notice for GST dues
PTI -
As of now the authority has only issued a show-cause notice and the company will be taking all necessary action to defend its caseNew Delhi: Patanjali Foods has been served a show cause notice by the GST intelligence department,...
Food & Beverage
Harpreet Singh Tibb of Tibb’s Frankie—A Retail ‘Roll’ Model
R S Roy -
Promoter of Tibb’s Frankie Harpreet Singh Tibb knows how to build, reposition and accelerate businesses through disruptive ideas. He has done it for HUL, Kellogg’s and he’s doing it again at his business…Harpreet Singh Tibb is a man who...
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Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant
The manufacturing plant is expected to be operational by mid-2027Patna: Haldiram Snack, a leading player in the packaged food...
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