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Consumer staple demand recovers in rural areas, urban areas witness slowdown: Report

Rural and semi-urban markets in India showed recovering consumer demand in the second quarter of FY…

ANI   


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4 mins read

Bollywood to Boardrooms: Ayushmann Khurrana scores big as Emami acquires ‘The Man Company’ at Rs 400 crores valuation

Ayushmann Khurrana secures a 400% return on his investment as Emami fully acquires The Man Company.

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2 mins read

India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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2 mins read

Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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5 mins read

Top 10 FMCG companies in India by market cap in 2024, and the people who run them

The leading fast-moving consumer goods (FMCG) companies in India play a crucial role in the country…

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2 mins read

Hindustan Unilever shares tumble over 6% post Q2 results

Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled over 6% after the firm report…

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This UK company is selling chips in a fully biodegradable “paper” bag; is this the future of single-use packaging?

The plastic alternative can be recycled, re-pulped, composted, and even breaks down in anaerobic en…

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2 mins read

Patanjali Foods profit surges to Rs 262.90 crore on back of e-commerce and quick commerce channels

The net profit of Patanjali Foods surged to Rs 262.90 crore year-on-year during the first quarter o…

ANI   


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4 mins read

Supreme Court expands Patanjali misleading ads hearing to include FMCG companies

The bench said the public apology published in newspapers were not on record and asked those to …

PTI   


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Stock market closing: Sensex dips 280 points to close in red, Nifty closes 0.27% down

HDFC Life (up by 4.36%), Tech Mahindra (up by 3.12%), BPCL (up by 2.91%), NTPC (up by 2.67%) and Ta…

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India's FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL

The report added that the product realisations are expected to grow modestly with slight increases …

ANI   


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Market Morning: Sensex, Nifty open in green, JSW, Tata Comms. in action

As for sectoral indices, except for Nifty FMCG (down by 0.01%), IT (down by 0.09%) and realty (down…

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3 mins read

ITC plans to open more hotels overseas: CMD Sanjiv Puri

He said as the company explores and understands a place for a particular business, it may l…

PTI   


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3 mins read

Swiggy is preparing for its IPO soon: A look at some recent changes in the company

Swiggy is expected to raise over USD 1 billion through its IPO, with plans to file its draft red he…

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1 min read

Flexi staffing industry grows 3.6 pc in December qtr FY24 : Report

The staffing industry grew 3.6 per cent in October-December 2023 as compared to the previous quarte…

PTI   


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4 mins read

India’s largest D2C beauty company to raise ₹1,701 crore via an IPO

House of brands Honasa Consumer is planning to raise as much as ₹1,701 crore from its maiden public…

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1 min read

Emami Q1FY'24 net up by 88% to Rs 137cr on strong demand

The company attributed the increase in net profit to strong growth in both its domestic and inte…

PTI   


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2 mins read

Mumbai-based FMCG company Onest gets set for D-Street debut

Mumbai-based FMCG company Onest has filed its Draft Red Herring prospectus (DRHP) with capital mark…

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3 mins read

Less stress on ITC stock after BAT’s stake sale, say analysts

Cigarettes to FMCG major ITC’s stock corrected slightly ahead of British American Tobacco’s (BAT) s…

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4 mins read

FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-movin…

PTI