FMCG
Finance & Funding
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...
FMCG
Improving macro-indicators, good monsoon to drive consumer demand for FMCG products
PTI -
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...
FMCG
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...
FMCG
ITC becomes the second company after Amazon to use inland waterways
PTI -
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...
FMCG
BAT to sell up to 3.5% stake in ITC via block trade
PTI -
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...
Leaders Ink
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
FMCG sector to see subdued growth till September quarter of 2024: Report
PTI -
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...
Food & Beverage
Future Consumer defaults on payment of Rs 133 crore towards debentures
PTI -
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
FMCG firms report single-digit volume growth with better margin in December quarter
PTI -
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...
Latest News
Dabur profit rises 6.2% to Rs 506.44 crore in Q3; revenue grows 7%
PTI -
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...
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Latest News
Indus Valley Cosmetics to Invest ₹40 Crores in R&D
The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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