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ITC

Fabindia ropes in Karan Kumar as Head of Brand and Marketing

Ethnic retailer Fabindia has appointed Karan Kumar as its Head of Brand and Marketing. "Kumar, a management committee member at ITC, till recently was heading consumer and retail brand marketing, digital initiatives and Omnichannel technology innovations at ITC's lifestyle retailing...

Patanjali ate into share of some of the biggest brands in 2016: Report

Patanjali Ayurved, the FMCG venture promoted by yoga guru Ramdev, was the biggest disruptive force in India's fast moving consumer goods (FMCG) market, according to a report. "Patanjali Ayurved has turned out to be the most disruptive force in the...

FMCG biggies eagerly wait for GST, call note ban temporary setback

The FMCG sector - already reeling under the impact of two slow growth years were hopeful they would turn the corner this fiscal on the back of a good monsoon and the Seventh Pay Commission handout - was delivered a...

ITC is all set to create world class Indian brands

Having set a target of Rs 1 lakh crore revenue from its FMCG business by 2030, diversified ITC is looking to create "world-class Indian brands" by leveraging on its enterprise strengths. Buoyed by the successful launches of brands such as...

ITC to set up integrated consumer goods facility in Odisha

Diversified group ITC will set up an integrated consumer goods facility and a five star hotel in Odisha at an investment of Rs 800 crore. The integrated consumer goods manufacturing facility is being built on an area of 700,000 sq.ft....

Reliance Retail, Walmart among key retailers all set to revolutionise product data exchange between brand owners

GS1 India has recently launched a new DataKart service, a repository of retailed products, which has been developed based on Industry and consumer needs; for a single source of trusted, reliable and accurate information on products sold through retail...

Hemant Malik, Chief Executive – Packaged Food Business, ITC

Hemant Malik Chief Executive – Packaged Food Business ITC Hemant Malik has been appointed Chief Executive of the Packaged Food Business at ITC and will be replacing VL Rajesh, who has stepped down to take a year-long sabbatical. Earlier, Malik was working as...

FMCG firms report poor Q2 results; expect better times ahead

Even as FMCG majors in India expected a revival in demand in the second half of the year, post a normal monsoon that bought a relief to drought-hit farmers almost after two years, the September quarter has been dismal...

ITC Ltd net profit up 10.5 per cent in Q2

Cigarettes-to-hotels-to-FMCG major ITC Ltd on Wednesday reported a 10.5 per cent rise in its stand alone net profit to Rs 2,500.03 crore for the quarter ended September 30, 2016 as compared to Rs 2,262.50 crore for the year-ago period. Total...

Madhur Deep, Senior VP, Alibaba

Madhur Deep Senior VP Alibaba Group Former McKinsey and Delloite executive Madhur Deep, joined Chinese behemoth Alibaba as its Senior Vice President recently. In his new role, Deep will be responsible for heading the strategy and investment teams to build out market entry,...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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