FMCG
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Fragrance sales defy economic downturn; grow 12% in 2024, outpacing FMCG
Despite a sluggish economy, the fragrance market in India has shown remarkable resilience, with major players like Godrej Consumer Products, Emami, ITC, and Shoppers...
Rise of quick commerce is challenge to retailers, will become political issue – Uday Kotak
Kotak Mahindra Bank founder Uday Kotak has sounded a warning that the rapid growth of quick commerce trade poses a significant challenge to traditional...
FMCG growth sluggish due to rising housing cost and lower wage in urban areas – Britannia
Britannia Industries' executive vice-chairman, Varun Berry, revealed that metropolitan cities hindered the fast-moving consumer goods (FMCG) market growth in the previous quarter.Housing cost is...
Mamaearth’s parent company Honasa registers loss of INR 18.57 Cr, revenue declines 6.9%
Honasa Consumer Ltd, the parent company of popular FMCG brands Mamaearth and The Derma Co, reported a consolidated loss of INR 18.57 crore for...
Blackstone to acquire 20% stake in Haldiram’s snacks for $8 Bn
Blackstone has revised its plans to acquire a stake in Haldiram's snacks business, dropping its initial bid for a 75% stake. The private equity...
Del Monte Foods merges with Agro tech Foods in INR 1,300 Cr deal
Agro Tech Foods Limited (ATFL), backed by Samara Capital and Convergent Finance, has acquired Del Monte Foods Private Limited (DMFPL) in a INR 1,300...
What does the latest move by KitKat says about its audience?
Can you guess the chocolate giant that has become the official chocolate bar of Formula 1? It'severyone’s favorite break-time chocolate - Kitkat!Formula 1 (F1)...
Bingo forges partnership with All India Pickleball Association
ITC Foods snacking brand Bingo has entered into a collaboration with All India PickleballAssociation for a tenure of five years. This partnership has the...
Godrej industries to acquire Savannah Surfactants for INR 76 Cr
Godrej Industries announced to buy Savannah Surfactants Limited’s food additives and emulsifier business for INR 76 crore. In a regulatory filing on Tuesday, Godrej...
Bhartia Family, Goldman Sachs in talks for 40% stake in Hindustan Coca-Cola Beverages
The Bhartia family, led by brothers Shyam and Hari, is in advanced negotiations with Goldman Sachs to acquire a 40% stake in Hindustan Coca-Cola...
Amul sets course for Europe following successful US launch
After successfully launching in the US, Amul is set to expand into the European market by the end of November. Jayen S Mehta, Managing...
FMCG giant P&G surpasses $2 Billion sales in India, growth rate slows by half
Procter & Gamble (P&G), the world's biggest consumer goods company, surpassed $2 billion in sales in India, over three decades after entering the market....