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

PTI -
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...
FMCG

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

PTI -
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...
Food & Beverage

ITC Sunfeast Baked Creations pays tribute to Chandrayaan 3 mission with a special dessert

Indiaretailing Bureau -
Called Lunar Dulce de Leche Choux Bun by ITC Sunfeast Baked Creations, the dessert features a velvety white rocher glazed choux bun resembling the moon and is adorned with a chocolate replica of the Chandrayaan 3 rover New Delhi: Paying tribute to the...
E-Commerce

Mensa Brands joins ONDC network with 3 portfolio brands

Indiaretailing Bureau -
The three brands include men’s lifestyle brand Villain, jewellery brand Priyaasi and peanut butter brand MyFitness Bengaluru: E-commerce aggregator platform Mensa Brands has integrated with the open network for digital commerce (ONDC) with its portfolio brands Villain, MyFitness and Priyaasi, the...
Food & Beverage

Dhanyam: Achieving organic growth

Sanjay Kumar -
How Chennai-based professionals-turned entrepreneurs Madhusoodhnan K and Thendral Madhusoodhanan built and grew a profitable and popular organic retail business By Sanjay Kumar By early 2010, Madhusoodhanan K felt his instincts and impulses strongly drawn in the entrepreneurial direction. In April 2010,...
Latest News

Marico to acquire 58% stake in Satiya Nutraceuticals for Rs 369 crore

PTI -
The company has signed a definitive agreement to acquire a majority stake of 58 per cent in Satiya Nutraceuticals for a consideration of Rs 369.01 crore New Delhi: Home-grown FMCG firm Marico will acquire a majority stake in Satiya Nutraceuticals,...
FMCG

Marico expects food business to reach Rs 850 crore in FY24

PTI -
Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offerings New Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...
FMCG

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

PTI -
Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its products New Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...
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Fashion & LifestyleAnagha R Ratna -

Reliance to bring fashion brands Sandro and Maje in India

Both brands will open their first retail stores in the country in 2024 Bengaluru: Reliance Brands Ltd (RBL), the retail arm...
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