Marico
Food
Current business environment, consumer sentiment remain volatile but cautiously optimistic about future: Marico
Homegrown FMCG major Marico Ltd on Friday said the current business environment and consumer sentiment remain volatile but it remains cautiously optimistic about the future, which however will depend on the extent of the spread of COVID-19 in India...
Beauty & Wellness
Marico fully acquires men's grooming startup Beardo
Marico has now fully acquired Beardo, a startup company which operates into the men's grooming market, by buying 55 percent additional shares, a move which will help FMCG firm to extend its play into the segment. Marico has acquired...
Food
In-home consumption surges as consumers binge on biscuits, salty snacks
IANS -
Food categories like biscuits, salty snacks, instant noodles, beverages, edible oils are seeing an increase in demand as in home consumption increases while out of home consumption of FMCG products is expected to take a back seat as the...
Retail
'COVID-19 accelerates the need for greater technology integration into retailing'
During this lockdown and post-lockdown period, the future for businesses looks uncertain as COVID-19 has no solution yet to counter its infection. The only thing continuing is social distancing norms and general precautions against the pandemic that is making...
Food
Marico Limited launches hand sanitizers under its trusted hygiene brand Mediker
Marico Limited, one of India’s leading FMCG companies, announced its foray into the hand sanitizer category with the launch of ‘Mediker Sanitizer’.
This development is part of the company’s response to the unprecedented health crisis faced by the country and...
Food
Swiggy expands essential services to over 125 cities
Food ordering and delivery platform Swiggy on Monday said it has expanded delivery of groceries and household essential services to over 125 cities and has also tied up with a number of national brands and retailers.
The company has partnered...
Food
Marico's India business sees 'low single-digit' fall in volume
IANS -
FMCG major Marico has registered a 'low single-digit' decline in its sale volumes in India during the January-March quarter of the financial year 2020-21.
In a regulatory filing, the company said that signs of improved across categories were seen until...
Food
Marico announces initial grant of Rs 8 cr to fight COVID-19
FMCG firm Marico Ltd on Monday announced an initial grant of Rs 8 crore to support the government, workers and medical fraternity in their fight against COVID-19 pandemic.
The company has increased the safety measures and adopted necessary precautions to...
Food
Marico collaborates with Swiggy and Zomato to deliver essential food items to consumers
Marico Limited, one of India’s leading FMCG firms, has partnered with Swiggy and Zomato to introduce ‘Saffola Store’ on the country’s foremost foodtech platforms.
This initiative enables the consumer to order essential food items under the Marico portfolio - Saffola...
Food
Marico Q3 profit rises 10 pc to Rs 276 crore
FMCG firm Marico on Thursday reported a nearly 10 percent increase in consolidated net profit to Rs 276 crore for the quarter ended December 2019 helped by gross margin expansions.
The company had posted a net profit of Rs 251...
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Latest News
MatchLog Solutions raises $1.5 million in pre-series A funding
The funding round was led by Motion Ventures and July Ventures, with participation from Venture Catalysts, Blue Ashva Capital,...
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