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FMCG firms report single-digit volume growth with better margin in December quarter

Companies such as HUL, ITC, Marico, Dabur, and Godrej Consumer Products said urban markets continued their moderate growth, while consumer demand from rural India remained subdued even as they expect an improvement in coming quartersNew Delhi: Fast-moving consumer goods...

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...

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 biscuitsNew Delhi: Small regional FMCG players, which reemerged in the market after the cooling of inflation, are giving...

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 JuneMumbai: Preparing a 'vegetarian thali' got dearer by 28 per cent...

Mensa Brands joins ONDC network with 3 portfolio brands

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...

Dhanyam: Achieving organic growth

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

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 closeNew 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,...

Marico expects food business to reach Rs 850 crore in FY24

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 offeringsNew Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...

QSR chain Wow Chicken by Wow! Momo opens outlet in Mumbai

Located at Phoenix Marketcity, Kurla in Mumbai, this is the 35th store of the fast food chain Wow Chicken Mumbai: Multi-brand quick service restaurant (QSR) chain Wow! Momo Foods has opened the latest outlet of its brand Wow! Chicken in...
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GoKwik and Twid partner for loyalty rewards

Through this partnership, 100 million shoppers in the GoKwik network will be able to access loyalty and reward points...
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