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Hindustan Unilever shares fall over 4%

The stock fell by 4.15% to Rs 2,540.05 apiece on the BSE and on the NSE, it dropped by 4.29% to Rs 2,536.05 apiece New Delhi: Shares of Hindustan Unilever Ltd declined over 4 percent in morning trade on Friday...

Worst of inflation may be behind us, says HUL CEO Sanjiv Mehta

The rural market, which has been reeling under the impact of high inflation, has seen some green shoots in terms of slowing of the decline of growth, added MehtaNew Delhi: The worst of inflation is "perhaps behind" but there...

Pansari Group focuses on expansion in the West and South

The Pansari Group will begin its foray into these markets by opening facilities in Mumbai and a prominent city in Gujarat New Delhi: North India-based FMCG brand Pansari Group is now focusing on expanding its presence in western and southern Indian markets....

Reliance makes open offer to acquire 26% stake in Lotus Chocolate

The open offer starts on February 21 and closes on March 6 and it will aggregate to a total consideration of Rs 38.56 crore over the full acceptanceNew Delhi: Two Reliance group firms - Reliance Consumer Products Ltd (RCPL) and Reliance...

Godrej Consumer Products expects double-digit domestic sales growth in Dec quarter

Godrej Consumer Products Ltd said the sector witnessed "slow growth driven by poor rural consumption" and a slowdown post the festive seasonNew Delhi: FMCG major Godrej Consumer Products Ltd (GCPL) expects a double-digit sales growth in the domestic market for...

FMCG industry hopes to recover lost volume, margins in 2023; to shrug off shrinkflation

The surge in raw material costs following the war in Ukraine pushed several FMCG companies to adopt  shrinkflation to ensure there is no impact on the fragile recovery in demandNew Delhi: Shrinkflation or reducing the size or quantity of a...

Inflation for FMCG segment cooling down, volume from rural markets going to improve, says ITC CMD

ITC Chairman Sanjiv Puri said volume growth from rural markets is going to be better as the inflationary pressure on the FMCG calms downNew Delhi: Inflationary pressure on the FMCG segment is "cooling off a little" and volume growth...

Wipro acquires packaged food and spices brand Nirapara

The Wipro group arm has signed a definitive agreement with Nirapara, with this acquisition, Wipro Consumer Care joins many FMCG firms New Delhi: Wipro Consumer Care on Monday announced its entry into the packaged food and spice segment by acquiring...

The New Shop launches a programme to help front-end employees become store owner

Through the ‘Employee to Entrepreneur’ initiative, New Shop aims to create entrepreneurial opportunities for its store managers to help them become store owners New Delhi: The New Shop, an omnichannel convenience commerce company, has announced the winners of its ‘Employee to...

FMCG makers keeping close watch on softening commodity prices; may extend some benefits

Softening of commodities prices will help the FMCG firms in improving their profit margins and also some elbow room to pass on the benefits to consumersNew Delhi: Leading FMCG companies say they are keeping a close watch on...
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How Madhav Kasturia of Zippee is addressing critical pain points of quick commerce

The founder and chief executive officer of Zippee is helping D2C brands and e-commerce players bridge the gap between...
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