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Hindustan Unilever shares dip over 1% post fourth quarter earnings

The company's stock dipped 1.25% to settle at Rs 2,231 apiece on the BSENew Delhi: Shares of Hindustan Unilever on Thursday dipped more than 1% after the company reported a 1.53% fall in consolidated net profit for the March...

FSSAI in process of collecting pan-India samples of Nestle’s Cerelac baby cereals: CEO

The global report has claimed that Nestle sold baby products with higher sugar content in less developed South Asian countries including India, Africa and Latin American nations as compared to markets in EuropeNew Delhi: Food safety regulator FSSAI on...

HUL expects improvement in FMCG demand with no price hike in short term

HUL has already completed the process of price correction in all portfolios in the last few quartersNew Delhi: Leading FMCG maker HUL expects an overall improvement in the demands gradually with no immediate price increase in the near term,...

India to get an unmanned, cashierless store. And it’s in Pune

The grab-and-go convenience store is being launched by a bunch of 28-year-oldsMumbai: On 1 May as the world celebrates Labour Day, three 28-year-olds from Pune will rejoice in the launch of their labour of love—an Amazon Go-style unmanned store.The...

Wow! Momo raises Rs 70 cr from Z3Partners

The primary capital infusion will drive the expansion of Wow! Momo's QSR brand and strengthen its distribution network and research and development (R&D) for the FMCG armNew Delhi: Wow! Momo, India's leading chain of quick-service restaurants (QSR), has secured an...

Improving macro-indicators, good monsoon to drive consumer demand for FMCG products

The industry expects a mid-to-high-single-digit growth in value/volume in the January-March period, along with a continuation of the gross margins expansion trend, helped by deflation in input costNew Delhi: Leading industry players expect improving macro-indicators and expectations of good...

Kumar Venkatasubramanian to be new CEO of P&G India

Kumar Venkatasubramanian will take charge from May 1, 2024 replacing LV Vaidyanathan who served P&G for 28 years. New Delhi: Kumar Venkatasubramanian will take over as the Chief Executive Officer of Procter & Gamble India, from 1 May 2024, as...

ITC becomes the second company after Amazon to use inland waterways

ITC Limited joined hands with Inland Waterways Authority of India to ship FMCG products through inland waterways using National Waterway 1New Delhi: ITC has become the second company after Amazon to use inland waterways for commercial transport, an official...

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...
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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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