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FMCG stocks on a roll as household binge during lockdown drives valuations

FMCG stocks on a roll as household binge during lockdown drives...

Stocks of fast-moving consumer goods (FMCG) companies are on a roll since the lockdown in March as increased consumption...
ITC acquires Sunrise Foods for Rs 2,150 crore

ITC acquires Sunrise Foods for Rs 2,150 crore

Diversified business entity ITC Ltd on Monday announced acquisition of spices manufacturer Sunrise Foods Private Ltd (SFPL) in an...
ITC’s profit after tax falls 25 pc to Rs 2,567.07 crore in Q1

ITC’s profit after tax falls 25 pc to Rs 2,567.07 crore...

Diversified group ITC Ltd on Friday reported a 25 percent decline in consolidated profit after tax at Rs 2,567.07...
Intermittent lockdowns in several states disrupt FMCG firms' momentum, July output

Intermittent lockdowns in several states disrupt FMCG firms’ momentum, July output

FMCG companies, which saw sales recovering to pre-COVID-19 levels in June, are uncertain if the same momentum could be...
ITC, Godrej, Dabur, Emami report robust sales in rural areas

ITC, Godrej, Dabur, Emami report robust sales in rural areas

Leading FMCG players such as ITC, Godrej, Dabur, Emami and Marico are witnessing robust sales in rural and semi-urban...
Ruchi Soya appoints Sanjeev Asthana as CEO

Ruchi Soya appoints Sanjeev Asthana as CEO

Ruchi Soya Industries, which is owned by Baba Ramdev-led Patanjali Ayurved, has appointed Sanjeev Asthana as its CEO.According to...
ITC logs 9.3 pc rise in Q4 consolidated net profit

ITC logs 9.3 pc rise in Q4 consolidated net profit

FMCG-to-hospitality major ITC on Friday reported a 9.28 percent growth in its consolidated net profit for the January-March quarter...
ITC, Emami identify emerging consumer trends amid 'new normal'

ITC, Emami identify emerging consumer trends amid ‘new normal’

Diversified conglomerate ITC Ltd has identified emerging trends in the FMCG space arising out of the "new normal", a...
ITC’s B Natural and Amway India collaborate to launch immunity offering in fruit beverages

ITC’s B Natural and Amway India collaborate to launch immunity offering...

In a unique partnership, ITC’s B Natural and Amway India have collaborated to launch the first of its kind...
ITC to acquire spice manufacturer Sunrise Foods Pvt Ltd

ITC to acquire spice manufacturer Sunrise Foods Pvt Ltd

ITC Ltd has entered into a share purchase agreement (SPA) to acquire 100 per cent of the equity share...