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FMCG market

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...

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 2023-24 New Delhi: Home-grown FMCG major Marico Ltd on Monday reported a 17.26 per cent...

Soaring tomato prices made veg thali dearer by 28% in July as compared to June: Report

The inflation in the thalis is largely driven by the 233 per cent jump in tomato prices to Rs 110 per kilogramme in July from Rs 33 in June Mumbai: Preparing a 'vegetarian thali' got dearer by 28 per cent...

Nestle India shares declines over 3% post Q2 earnings announcement

The stock of Nestle India fell 3.16 per cent to Rs 22,081.75 apiece on the BSE. It was later trading at Rs 22,260.95, down 2.38 per cent over its previous close New Delhi: Shares of Nestle India on Thursday declined...

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

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,...

Bikaji Foods International acquires 49% stake in Bhujialalji

Subsequent to the acquisition, Bhujialalji Private Limited will become an associate to the company Mumbai: Bikaji Foods International Ltd. has acquired a 49% stake and 396 Compulsorily Convertible Debentures (CCDs) in Bhujialalji Pvt. Ltd., an upcoming company in the ethnic...
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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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