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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 PTINew 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 requirementNew Delhi: Tata Consumer Products Ltd said it...

Tata Consumer Products Q2 net profit falls to Rs 363.92 crore

Total expenses of the Tata Group FMCG arm stood at Rs 3,318.18 crore, up 9.8 per cent in the September quarterNew Delhi: Tata Consumer Products Ltd (TCPL) on Tuesday reported a decline of 6.55 per cent in its consolidated net...

Marico net profit rises 17% to Rs 360 crore, revenue falls maginally to Rs 2,476 crore in Q2

Total expenses of Marico, which owns brands like Saffola, Parachute, and Livon, stood at Rs 2,038 crore during the September quarter of the financial year 2023-24New Delhi: Home-grown FMCG major Marico Ltd on Monday reported a 17.26 per cent...

Coca-Cola India biz delivers double-digit volume & topline growth in Sep quarter

The company generated 2.6 billion transactions in India in the third quarter of 2023, helped by affordable offerings and increasing its sales network in the far rural regionsNew Delhi: Soft drinks major The Coca-Cola Company witnessed a "double-digit volume...

Rural recovery for FMCG companies takes a pause amid food inflation, uneven rains

FMCG makers like HUL, ITC and Nestle have expressed concerns over uneven rains, the impact of crop output and rising prices of some commodities such as wheat, maida, sugar, potato, coffee, etc New Delhi: The FMCG industry has witnessed a...

Vegan wellness startup Fitspire partners with Tiger Shroff

As part of the tie-up, a recently-released Tiger Shroff movie Ganpath features Fitspire Peanut Butter in various scenes New Delhi: Wellness startup Fitspire has announced a strategic partnership with Bollywood actor Tiger Shroff and his recently released movie, Ganpath. According to...

Dabur scaling up Hajmola and Odomos to include them on its power brand list

Dabur's FMCG portfolio currently includes nine distinct power brands; eight in India and one in the overseas markets, which together account for 70 per cent of its total sales New Delhi: Home-grown FMCG major Dabur is scaling up its digestive...

Not in negotiations with Haldiram’s to buy majority stake: Tata Consumer Products

Tata Group's FMCG arm is in talks with Haldiram's to buy a majority stake, but not comfortable with a high enterprise valueNew Delhi: Tata Consumer Products Ltd (TCPL) on Wednesday said it is not in negotiations with Haldiram's to...

Lighthouse Advisors India sells 1.3% stake in Bikaji Foods for Rs 156 crore

Lighthouse Advisors through its investment vehicle Lighthouse India Fund III sold the shares of Bikaner-based Bikaji FoodsNew Delhi: Mumbai-based Lighthouse Advisors India on Tuesday divested a 1.3 per cent stake in Bikaji Foods International for nearly Rs 156 crore...

Nestle India enters into millets-based Ready-to-Make category

The company has introduced a+ masala millets containing bajra in the select market of NCR and online but has plans to expand it to other markets as it scales up New Delhi: FMCG maker Nestle India has entered into the...

Honasa Consumer plans to raise Rs 400cr from IPO

Honasa will spend the proceeds on offline expansion, bringing more brands to the market and on acquisitionsNew Delhi: IPO-bound Honasa Consumer Ltd, which owns new age FMCG brands such as Mamaearth and The Derma Co, expects to raise Rs 400...

P&G India appoints Mukta Maheshwari as its chief marketing officer

With over 16 years of experience at P&G, Maheshwari is set to lead the company’s marketing function in India effective September 1, 2023 Mumbai: Procter & Gamble (P&G) India, maker of brands like Ariel, Whisper, and Gillette, has appointed Mukta...

FSSAI amends alcoholic beverage norms; says no nutritional info on label except energy content

FSSAI has come out with 'Food Safety and Standards (Alcoholic Beverages) First Amendment Regulations, 2023', which will come into force on March 1, 2024New Delhi: Alcoholic beverages must not contain any nutritional information on the label except the voluntary...

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Parag Milk Foods records gross profit of Rs 749 crore in FY24

The company’s profit after tax stood at 91 crore in FY24 showing 70% YoY growth compared to up PAT...
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