India sole Asia-Pacific market with double-digit growth in FMCG and tech durables: Report
A report by consumer research firm NielsenIQ (NIQ) highlights India's dominant position as the only market in the Asia-Pacific region consistently achieving double-digit growth in the FMCG, and tech and consumer durables (T&D) sectors, media reports said.
FIIs turn bullish on financial services; acquire shares worth Rs 8,100 cr in late June
Mumbai: Foreign institutional investors (FII) have shown a marked shift towards optimism in the financial services sector, purchasing shares valued at over Rs 8,100 crore during the latter half of June, reported Moneycontrol.
Bisk Farm introduces two new products in its 'Eat Fit' range
Kolkata: SAJ Food’s bakery brand Bisk Farm has expanded its 'Eat Fit' portfolio with the launch of two new offerings: ‘Eat Fit Digestive’ and ‘Eat Fit Atta Marie’.
Chandrababu Naidu's wife earns Rs 584 cr as Heritage Foods stock soars 64% in 5 days
Mumbai/IBNS: With a 64 percent surge in the last five days, the post-Lok Sabha election results uptrend in Heritage Foods shares is one of the significant stock-specific developments in the Indian stock market.
ITC standalone Q4FY24 PAT drops slightly toRs 5,020.2 cr; company declares final dividend
Kolkata: ITC Ltd reported a standalone net profit of Rs 5,020.2 crore for the March quarter, marking a 1.31 percent decrease compared to the same quarter last year. The decline was attributed to flat cigarette volumes and lower FMCG margins.
Sri Lankan beverage brand Elephant House partners with Reliance Consumer to enter Indian market
Mumbai: The Sri Lankan beverage brand Elephant House has entered into a partnership with Reliance Consumer Products, the FMCG division of Reliance Retail Ventures, to produce, promote, distribute, and retail its beverages throughout India.
Tata Consumer Products to buy Fabindia owned Organic India for Rs 1,900 cr
Mumbai: Tata Consumer Products Friday announced its plans to acquire a stake of up to 100 percent in Organic India, a business owned by Fabindia.
Mumbai: Tata Consumer Products on Friday announced its acquisition of a complete 100% stake in Capital Foods, the company that sells products under the brands Ching’s Secret and Smith & Jones, according to an exchange filing.
Annapurna Swadisht operating revenue surges by nearly 100% to Rs 131 cr in H1FY24
Kolkata-based food and beverages company, Annapurna Swadisht Limited (ASL), reported a significant increase in revenue and profit for H1FY24, with a near 100% surge in revenue to Rs 131.13 crore and a 128% rise in profit after tax to Rs 6.56 crore.
Packaged snacks maker Annapurna Swadisht appoints GP Sah as Joint MD
Kolkata: Packaged snacks and beverage maker Annapurna Swadisht Ltd has appointed Gajanan Prasad Sah Kalwar as an Additional Director and Joint Managing Director of the company effective September 22, 2023.
Reliance partners with General Mills to bring Alan's Bugles to India
Mumbai: Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods (FMCG) division of Reliance Retail Ventures Limited (RRVL), on Friday introduced Alan's Bugles in India.
Reliance Retail acquires 50 pc stake in Gujarat-based Sosyo Hajoori Beverages
MumbaiIBNS: Reliance Consumer Products (RCP), the FMCG arm of Reliance Retail Ventures (RRV), Tuesday said that it will acquire a 50 percent stake in Gujarat-based Sosyo Hajoori Beverages, the owner of soft drink brand Sosyo.
FMCG brand Rasna enters the health and wellness products sector with new sub-brand
Kolkata/IBNS: Rasna Private Limited (Rasna), one of the popular FMCG brands of India, catering to a global market, recently launched a sub-brand called 'Rasna Healthy Day' to enter the health and wellness products sector.
Adani Wilmar Q2FY23 PAT dips 73% to Rs 49 cr
Adani Wilmar Ltd Thursday reported Rs 49 crores Profit After Tax (PAT) in Q2FY23, a 73 percent year-on-year loss compared to Rs 182 crore in the corresponding period in FY22.
DealShare launches Private Brands, eyes deeper penetration into FMCG market
Social e-commerce player DealShare is all set to penetrate deeper into the homes of its new to internet 500 million users target group with launch of its Own Brands’ portfolio.