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Retail inflation eases to 11-month low of 4.83% in April

The central bank has projected the CPI inflation for 2024-25 at 4.5%New Delhi: Retail inflation eased to an 11-month low of 4.83% in April as prices of some kitchen items declined though overall food basket firmed up marginally, according...

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...

Why are Indian retailers citing a wrenching slowdown?

Retailers across categories are lamenting sluggish sales over the last several months. Here’s what they are saying… New Delhi: Retailers and restaurants across the board have been reporting sluggish sales in the last six months or so and this persisted...

Inflation rises to 3-month high of 5.55% in November

Inflation based on the Consumer Price Index (CPI) was 4.87% in October and 5.88% in November 2022, the government data released showedNew Delhi: Snapping its declining trend, retail inflation rose to a three-month high of 5.55% in November on...

Coca-Cola India business impacted due to unseasonal rains in June quarter

Unseasonal rains in certain parts of the country, mainly in North India during the peak season had an adverse impact on Coca-Cola India's sales New Delhi: Soft drinks major The Coca-Cola Company on Thursday said its India business was unfairly...

Retail inflation for farm, rural workers rises marginally in June

The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers for June 2023 increased by 10 points each to 1,196 points and 1,207 points, respectively New Delhi: Retail inflation for farm workers and rural labourers inched up marginally...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

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 makers expect sustained recovery in volume and margins with price reduction in FY24

FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressuresNew Delhi: Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...

Budget 2023: Amit Jatia of McDonald’s India shares his expectations and Vision 2027

Amit Jatia, vice chairman, Westlife Foodworld Ltd. (McDonald’s India West and South) speaks about what the fast-growing QSR industry needs from the Budget 2023 to help the industry achieve its potential New Delhi: The Indian QSR industry is expected to...

Inflation for FMCG segment cooling down, volume from rural markets going to improve, says ITC CMD

ITC Chairman Sanjiv Puri said volume growth from rural markets is going to be better as the inflationary pressure on the FMCG calms downNew Delhi: Inflationary pressure on the FMCG segment is "cooling off a little" and volume growth...
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Jamshyd N Godrej, Smita Crishna, others buy stake in Godrej Consumer for Rs 1,645 cr

The shares were picked up at an average price of Rs 1,443.90 apiece, taking the transaction value to Rs...
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