Saugata Gupta
FMCG
Tax relief for middle-class, salaried will help increase consumption patterns: Marico MD
PTI -
The key expectations from the full budget of 2024-25 include a continued emphasis on rural development through investments in infrastructure and employment, bolstering agricultural activities to enhance rural income, he saidNew Delhi: Tax relief for middle-class and salaried class...
Big Grid
Budget 2021: Apparel sector will become globally competitive, FMCG consumption will go up say experts
As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...
Food
Marico Q2 net rises 7.9 pc to Rs 273 cr, sales up 8.7 pc to Rs 1,989 cr
FMCG firm Marico Ltd on Wednesday reported 7.90 percent increase in its consolidated net profit at Rs 273 crore for the second quarter ended September 30, helped by robust volume growth in domestic business and a stable performance overseas.
The...
Food
Marico announces initial grant of Rs 8 cr to fight COVID-19
FMCG firm Marico Ltd on Monday announced an initial grant of Rs 8 crore to support the government, workers and medical fraternity in their fight against COVID-19 pandemic.
The company has increased the safety measures and adopted necessary precautions to...
Food
Marico Q3 profit rises 10 pc to Rs 276 crore
FMCG firm Marico on Thursday reported a nearly 10 percent increase in consolidated net profit to Rs 276 crore for the quarter ended December 2019 helped by gross margin expansions.
The company had posted a net profit of Rs 251...
Food
Marico India announces the appointment of Koshy George as Chief Marketing Officer
Marico Limited has appointed Koshy George as Chief Marketing Officer, Marico India.In his new role, he will be responsible for leading the brand marketing initiatives of the company. He will report to Saugata Gupta, MD and CEO and will...
Food
Marico Q2 net up 18 pc to Rs 218 crore
FMCG firm Marico Thursday posted a 17.95 percent increase in consolidated net profit at Rs 218.26 crore for the second quarter ended September.The company that makes Parachute oil, had reported a net profit of Rs 185.04 crore in the...
Food
Marico targets 8-10 pc domestic volume growth from this fiscal
Homegrown FMCG major Marico is targeting an 8-10 percent volume growth in the country along with healthy market share gains, a top company official has said."For FY19 and beyond, we retain the target of 8-10 percent volume growth in...
Food
British F&B brands to explore alliance avenues at India Food Forum 2018
UK's top F&B brands would be participating in the 11th edition of India Food Forum 2018 to explore alliance avenues with prospective Indian partners offering opportunities to sign powerful deals across India.These UK brands would take part in B2B...
Food
Marico acquires South Africa’s leading hair styling business, Isoplus
Marico South Africa Pty. Limited (MSA), a wholly owned step-down subsidiary of Marico Limited announced the acquisition of business including related intellectual property rights of Isoplus, a leading hair styling brand in South Africa from JM Products SA Pty....
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Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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