Monday, November 4, 2024

FMCG

Temasek Holdings in talks to acquire 10-15% stake in Haldiram Snacks for $11 Bn

Temasek Holdings, one of Singapore's premier investment firms, is in talks to acquire a minority stake in Haldiram Snacks, the largest snack maker in...

FMCG firms adjust to quick commerce boom, cut distributor sales amid inventory oversupply

India's booming quick commerce sector is prompting fast-moving consumer goods (FMCG) companies to reduce sales to distributors in major cities and manage an oversupply...

Marico targets growth in healthy snacking segment by enhancing Saffola portfolio

Marico is increasing its focus on the healthy snacking segment, using its Saffola brand to cater to the growing demand for convenient and nutritious...

Reliance Industries launches R&D centre to drive innovation in consumer goods

Reliance Industries Limited (RIL) has established an R&D centre to develop and test products in its consumer goods division, focusing͏͏ on͏͏ the͏͏ food,͏͏ home,͏͏...

KLF Nirmal Industries eyes INR 260 Cr revenue with new coconut-based innovations

KLF Nirmal Industries, an 80-year-old family-run business specialising in coconut oil and coconut products, is setting its sights on a revenue target of INR...

FMCG sales surge this quarter driven by strong rural recovery and easing inflation

Consumer goods firms are experiencing notable sales growth this quarter compared to July-September 2023, driven by a normal monsoon, lower inflation, and robust festive...

Marico aims to double food business by FY27 with focus on innovation and distribution expansion

FMCG giant Marico aims to enhance its presence in current categories while leveraging innovations to double its food business by FY27. The͏͏ company͏͏ anticipates͏͏...

FMCG giant BL Agro sets sights on INR 20,000 Cr turnover by 2030

BL Agro Group, an FMCG company, is aiming for a turnover of INR 20,000 crore by 2030, focusing on sustainability, innovation, and community upliftment,...

Adani, Wilmar to initiate stake sale in joint venture next month

Adani Enterprises Ltd. and Wilmar International Ltd. are likely to initiate the sale of a minority stake in their consumer joint venture, Adani Wilmar...

Reliance Retail to transfer FMCG brands to RCPL to accelerate growth

Reliance Retail plans to move its FMCG brands, including Campa and several popular private labels, to its newly established FMCG division, Reliance Consumer Products...

GQG Partners acquires 1.24% stake in Patanjali Foods for INR 834.3 Cr

Rajiv Jain-led GQG Partners has raised its stake in Patanjali Foods by acquiring over 4.5 million shares, or 1.24% of its equity, for INR...

Global FMCG companies boost efforts to capture India’s expanding market

Global FMCG companies are refining their strategies for India, aiming to expand their operations and broaden their presence in this key emerging market. ͏Coca-Cola Adopts...

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