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HUL receives Rs 447.5 crore GST demands and penalties

New Delhi: Leading FMCG maker Hindustan Unilever Ltd on Monday said it has received Goods and Services Tax demands and penalties totalling Rs 447.5 crore from the authorities. In a regulatory filing, HUL -- which owns brands such as Lux,...

FMCG flavours: Better volumes, rural demand revival uptick and double-digit volume growth in 2024

The industry players are also expecting expansion of their profit margins with softening of commodity inflation that would result in increased spending on branding, return of promotional schemes for consumers and increased dividend payout to their shareholders New Delhi: From an...

ITC’s FMCG biz grows at 14% CAGR in last 3 years, Aashirvaad becomes Rs 8,000 crore brand

Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 years New Delhi: Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the...

Wipro Consumer acquires 3 soap brands from VVF

This is the third acquisition by Wipro Consumer Care and Lighting, part of Azim Premji-led Wipro Enterprises New Delhi: Wipro Consumer Care and Lighting on Tuesday announced the acquisition of three soap brands, Jo, Doy, and Bacter Shield, from VVF...

Wellness for all: The Ayurveda Co.

The personal care brand has seen 100% year-on-year growth in revenue over its short lifespan and an equally appealing growth in its on-ground customer base at 15x Bengaluru: Launched in 2019, The Ayurveda Co. (TAC) entered the personal care category...

Dabur plans to open manufacturing unit in South India

The company, having 13 manufacturing units across the country, is augmenting its capacity further to meet the demand and is diversifying its manufacturing activities by adding new lines New Delhi: Leading FMCG and ayurvedic products maker Dabur is planning to...

India’s top 10 FMCG companies by market cap 

FMCG has been a dominant force in India accounting for 50% of the household and personal care segment. Here we list highest-valued FMCG companies by market capitalization in India New Delhi: The Indian fast-moving consumer goods (FMCG) market is growing...

Small regional FMCG players make a comeback, grabbing shares from big companies

The small players are forcing larger rivals to go for a price revision in segments such as soaps, tea, detergent and biscuits New Delhi: Small regional FMCG players, which reemerged in the market after the cooling of inflation, are giving...

Good recovery in rural markets, hopeful to grow at par with urban in next 3-4 quarters: Dabur CEO

The recovery from the rural market is likely to continue despite a disruption in rain in some parts of the country, led by factors such as hike in MSP, good sowing of winter crops, and election season New Delhi: Home-grown...

Creating a difference- Saraf

The vision of Saraf Furniture is to inspire its communities by leveraging its three key values- Principal, Passion, and Perfection- and to promote new value for its core networks Industry, Partners, and Employees. Through these efforts, the brand hopes...

With Rs 7,000 cr cash reserve, Dabur India scouting for acquisitions

The company would pursue organic growth with new brand launches in skin care and premium skin care, and the rest would be through acquisitions New Delhi: Homegrown FMCG maker Dabur India, armed with a cash reserve of Rs 7,000 crore, is...

FMCG industry logs 8.6 pc volume growth in Sept qtr on easing inflation: NielsenIQ

In food, the growth is primarily driven by products falling under the impulse category like salty snacks, chocolates and confectionery and habit-forming such as biscuits, tea, coffee, etc New Delhi: The FMCG industry in India had an overall 8.6 per cent...

Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO

In the next two quarters, revenue growth of the company would be in line with volume growth, Gupta told PTI New Delhi: Home-grown FMCG major Marico expects revenue growth to come back in the second half of the fiscal and sluggish...

Tata Consumer to merge 3 wholly-owned subsidiaries – NourishCo, SmartFoodz and Soulfull

The combined businesses will have more effective utilisation of the resources, reduction in overheads, costs and expenses, economies of scale, elimination of duplication of work and rationalisation and reduction of compliance requirement New Delhi: Tata Consumer Products Ltd said it...

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Big Basket partners with Tanishq and MMTC-PAMP

Big Basket, a Tata Enterprise, offers fresh fruits, vegetables, pulses and other groceries New Delhi: Online grocery platform Big Basket...
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