Monday, December 23, 2024

FMCG

Ola Electric Unveils Exclusive 24-Karat Gold S1 Pro Sona Edition

D2C
Ola Electric has unveiled a special edition of its S1 Pro scooter, adorned with real 24-karat gold elements, as part of its #SavingsWalaScooter campaign. Limited Release Brings Luxury to Electric Scooter Market Dubbed the ‘Sona’ edition, this limited-release...

Nitori Enters India: Japanese Furniture Giant Opens First Store in Mumbai

Retail & Ecommerce
Nitori, Japan’s renowned furniture and home décor retailer, has officially launched its first store in India at R City Mall, Ghatkopar, Mumbai. This marks the brand’s entry into the country’s $23.9 billion home furnishing market (Ken Research),...

Dabur India to appeal against INR 4.42 Cr tax demand from Customs Commissioner

FMCG
Dabur India has received a tax demand of INR 4.42 crore from the Commissioner of Customs (Prev.), Patna.Tax demand on IGST on imported goods The...

Soulflower hair oil overtakes Mamaearth as top-selling brand – Blinkit

FMCG
Soulflower, India's first farm-to-face brand, has emerged as a leader in the premium hair oil market, according to a report by Blinkit.Soulflower’s revenue share...

L’Oréal India’s net income plummets to INR 487.46 Cr, revenue surges 12%

FMCG
L'Oréal India, a subsidiary of the French multinational L'Oréal SA, has reported a slight decrease in profit for the financial year 2023-24. The company's net...

Tata Starbucks to operate 1,000 cafes by FY2027-28, still under-penetrated – CEO

FMCG
Tata Consumer Products is betting big on the coffee business in India, with plans to scale up its cafes under the Tata Starbucks joint...

Packaged food giants link CEO performance to nutrition goal; Nestle, ITC initiates

FMCG
India's largest packaged food companies, including Nestle, ITC, Britannia, PepsiCo, and Danone, are now linking the performance goals of their CEOs and other top...

Asian cuisine brand MasterChow bags $6.5 Mn in Series A round led by Tangline Venture

FMCG
MasterChow, a Delhi-NCR-based ready-to-cook Asian cuisine brand, has raised $6.5 million in its Series A funding round.MasterChow aims to launch product and expansionThe round...

India’s food processing boom: A game-changer for FMCG hiring in 2025-26

FMCG
The size of India's food processing industry is anticipated to double by 2025-26, sparking a remarkable uptick in hiring within the fast-moving consumer goods...

E-commerce emerges as top sales channel for FMCG, what does new study have to say?

FMCG
Over 60% of FMCG companies now see e-commerce as their key sales platform, with nearly 75% of mid-sized firms favoring it as their primary...

FMCG rebound expected amid urban market sluggishness: Industry Leader

FMCG
Marico CEO Saugata Gupta has expressed optimism about the rebound of urban consumer spending in India, despite the current slump.Marico CEO expects growth from...

Oceanic Foods settles receipt with SEBI related to LODR rules

FMCG
Oceanic Foods Ltd has settled a case with the Securities and Exchange Board of India (Sebi) regarding alleged disclosure lapses. The company paid INR...

Amway India registers INR 53 Cr loss for FY24, revenue stands at INR 1280 Cr

FMCG
Amway India Enterprises, a direct seller, has reported a widening net loss of INR 52.78 crore for the financial year 2024, while revenue from...

Higher profits for FMCG leaders in quick commerce vs. retail and e-commerce!

FMCG
Consumer goods companies are bagging higher profits from quick commerce than other channels, according to top executives of companies like Colgate-Palmolive India, Godrej Consumer...
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