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In Focus
Rashmi Sen is now CEO – Malls at The Phoenix Mills Ltd.
Sen has been at the forefront of delivering some of Phoenix’s most ambitious projects, significantly increasing the company's retail footprintMumbai: The Phoenix Mills Ltd. (PML), which operates 13 malls across 8 cities in the country, announced on Friday the elevation of...
People
Kolkata’s Quest Mall elevates Sanjeev Mehra as the new CEO
Mehra’s elevation comes close on the heels of the departure of Mukesh Kumar, managing director of Quest Mall, who quit the company in July after working at the shopping centre for over two yearsNew Delhi: Quest Mall in Kolkata...
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Sandeep Bakhshi promoted to Managing Director of Indo Nissin Foods
PTI -
Bakhshi has over 25 years of experience in sales and held positions at SC Johnson (now Brillon), Mars-Wrigley, Pidilite, AkzoNobel, and Asian PaintsNew Delhi, Sep 1 (PTI) Nissin Foods Holdings Co Ltd, a leading instant noodle company, on Friday...
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Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down
PTI -
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...
In Focus
FMCG makers see green shoots of revival in rural market, increase marketing spends
PTI -
Firms such as HUL, Godrej Consumer Products Ltd, Dabur, Marico and Emami expect recovery in consumption and are increasing upfront marketing investments in advertising and promotionNew Delhi:Â Major FMCG companies feel the demand slump has bottomed out and there are...
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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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