November 22, 2024 02:56 (IST)
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PM Modi bestowed Dominica's highest award at India-CARICOM Summit | 69-year-old Delhi man, a St. Stephen's alumnus, arrested for conning govt officers by posing as ex-IPS | 'Baseless': Adani Group denies US charges of bribery and fraud against Gautam Adani | AAP's first list of candidates for Delhi polls feature six turncoats | PM Modi is incapable to arrest Gautam Adani: Rahul Gandhi after tycoon charged with bribery and fraud in the US

Nestle announces $2.8 billion cost-cutting plan, ramps up marketing to boost growth under new CEO

Nestle plans to ramp up marketing efforts, cut costs by at least $2.8 billion by 2027, and reorganize its premium drinks and water businesses into a separate global unit to accelerate growth under new CEO Laurent Freixe, Reuters reported.

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.

Tata Consumer Products to acquire Capital Foods, the owner of Ching’s Secret and Smith & Jones brands

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.