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British F&B brands to explore alliance avenues at India Food Forum 2018

UK's top F&B brands would be participating in the 11th edition of India Food Forum 2018 to explore alliance avenues with prospective Indian partners offering opportunities to sign powerful deals across India.These UK brands would take part in B2B...

Marico to create brands purely for online sales

To cash in on huge opportunities in the digital space, homegrown consumer goods company Marico is planning to create a number of brands purely for online sales over the next few years. "For consumer packaged goods (CPG), digitisation is more...

Marico's Q2 consolidated net profit up 2.5 per cent

FMCG major Marico on Monday reported a 2.48 per cent rise in its consolidated net profit to Rs 185.04 crore for the second quarter (Q2) ended September 30. The company's net profit during Q2 2016-17 stood at Rs 180.55 crore. According...

FMCG firms expect full recovery from the pangs of implementation of GST

As the GST completes 100 days, major FMCG firms, including Dabur and Godrej Consumer, expect full recovery from the pangs of implementation of the new tax regime by the end of the third quarter with clear signs of demand...

Pre-GST sales impact subdue FMCG cos performance in Q1: Experts

Top FMCG players, including Hindustan Unilever, Dabur, Marico and Emami would have performed much better in first quarter had sales not been impacted by de-stocking ahead of GST implementation, according to industry experts. According to a PTI report: While HUL...

Marico's Q1 consolidated net profit down 12 pc

FMCG major Marico on Tuesday reported a decline of 12 per cent in its consolidated net profit to Rs 235.94 crore for the first quarter (Q1) ended June 30. According to the company, its India business during the quarter under...

Top 12 Retail and Consumer Products Billionaires in India 2017

American business magazine Forbes released its annual list featuring richest people in the world on March 20, 2017. It was a record year for the richest people on earth, as the number of billionaires jumped 13 per cent to 2,043...

GCPL slashes soap prices by 8 per cent; extends tax benefits to consumers

Home-grown FMCG firm Godrej Consumer Products Ltd (GCPL) has slashed its soap prices by 6 to 8 per cent, extending the tax benefits to its consumers, while absorbing the hike in hair colours. According to a PTI report: The company...

FMCG companies revise rate; extend tax benefits to customers

FMCG companies are revising prices of their products after the implementation of GST and are extending the tax benefits to the consumers under the new tax regime. According to a PTI report: The companies such as Patanjali, ITC, HUL and...

FMCG cos expect dip in inventory levels, normalcy in Q2 in the run up to GST

FMCG firms are preparing for reduced stocks in their trade channels for a couple of months as anxious dealers cut down inventory levels in the run up to GST, the new indirect tax regime, from July 1. According to a...
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Myntra welcomed about 75 million users in the last 12 months

Monthly active users on the platform touched 60 million mark at peak, with six million customers making 30 visits...
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