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BAT to sell up to 3.5% stake in ITC via block trade

Based on Tuesday's closing price of Rs 404.25 per share, the value of the total ITC shares planned to be sold by BAT is around Rs 17,659.72 croreNew Delhi: British multinational BAT PLC on Tuesday said it plans to...

How to scale your brand from local to global

From understanding the market to crisis management, there are several factors that brands aspiring to transcend national borders must consider before taking the leapFor any company, scaling up from a local player to a global level is a big...

FMCG sector to see subdued growth till September quarter of 2024: Report

The agricultural sector has uncertainty and the upcoming general elections would not surge the consumption of FMCG (fast-moving consumer goods) products.New Delhi: The fast-moving consumer goods sector will have a "subdued" growth till September quarter in 2024 due to...

Future Consumer defaults on payment of Rs 133 crore towards debentures

Future Consumer Ltd. had defaulted on payment towards interest amount of Rs 32.97 crore and principal amount of Rs 100 croreNew Delhi: Future Consumer Ltd (FCL) has defaulted on the payment of Rs 132.97 crore towards payment of principal...

FMCG firms report single-digit volume growth with better margin in December quarter

Companies such as HUL, ITC, Marico, Dabur, and Godrej Consumer Products said urban markets continued their moderate growth, while consumer demand from rural India remained subdued even as they expect an improvement in coming quartersNew Delhi: Fast-moving consumer goods...

Dabur profit rises 6.2% to Rs 506.44 crore in Q3; revenue grows 7%

Total expenses of Dabur India in the December quarter went up 7.82% to Rs 2,720.62 crore New Delhi: Home-grown FMCG major Dabur India Ltd on Wednesday reported a 6.24% increase in consolidated net profit at Rs 506.44 crore in the...

ITC Q3 net profit rises 6.5% to Rs 5,400.52 crore

Its gross revenue from sales rose 2.3 per cent to Rs 19,337.84 crore during the quarter under reviewNew Delhi: Diversified entity ITC Ltd on Monday reported a 6.51 per cent rise in consolidated net profit to Rs 5,400.51 crore...

Marico Q3 net profit up 16% at Rs 386 crore

However, its revenue from operations fell 1.94% to Rs 2,422 crore during the quarter under review from Rs 2,470 crore a year agoNew Delhi: Homegrown FMCG major Marico Ltd, on Monday, reported a 15.9% increase in its consolidated net...

Colgate-Palmolive India Q3 profit up 35.7% to Rs 330 crore

The oral hygiene product maker had posted a net profit of Rs 243.24 crore in the year-ago periodNew Delhi: FMCG major Colgate-Palmolive India Ltd on Monday posted a 35.71% increase in net profit to Rs 330.11 crore for the...

AVG Logistics acquires over 50 cold chain vehicles

This acquisition takes the company's total cold chain fleet strength to 275New Delhi: AVG Logistics Ltd on Wednesday announced the acquisition of over 50 cold chain vehicles, thereby strengthening its fleet operations.The cold chain vehicles have been acquired from...
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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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