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Rural markets outpace urban consumption in FMCG growth for the first time in five quarters: NielsenIQ Report
In the January-March ’24 quarter, rural markets surpassed urban consumption in the growth of packaged consumer goods for the first time in five quarters,...
Hershey India marks entry into value-molded chocolate sub-segment with Choco Delights launch
Hershey India Pvt Ltd, a prominent global snacking and confectionery company, has unveiled Choco Delights—a delectable milk chocolate bar with a delightful crunch. This...
THSC successfully concludes track 2 of IndiaSkills 2024 Hospitality Competitions
The Tourism & Hospitality Skill Council (THSC) is delighted to announce the successful completion of Track 2 in the IndiaSkills 2024 Hospitality Competitions, held...
Marico sets sights on doubling foods portfolio by FY27
Marico Limited aims to double the size of its foods portfolio by FY27. Additionally, it anticipates that the domestic revenue share from both its...
FMCG firms eye volume growth rebound in FY25 with hopes pinned on lower inflation, favorable monsoon
After experiencing sluggish volume growth over the past two years, FMCG companies are now squarely focused on achieving volume growth recovery for FY25. They're...
BAT to stay off ITC Hotels’ board amid demerger plans
ITC's soon-to-be-demerged hotel business will not include any board representation from its largest shareholder, BAT, as indicated in the company's demerger document sent to...
FMCG giant Godrej Consumer Products reports INR 1,893 Crore net loss in Q4
Godrej Consumer Products (GCPL) recorded a consolidated net loss of INR 1,893 crore for the quarter ended March 31, 2024, compared to a net...
Maya Pistola Agavepura launches Añejo and Extra Añejo spirits in Mumbai
Maya Pistola Agavepura, a pioneering name in Asia's realm of premium, aged 100% Agave spirit, has unveiled its much-awaited Añejo and Extra Añejo variants...
Marico’s consolidated PAT surges 5% YoY to INR 320 Crore in Q4 FY24
Marico, a leading player in the FMCG sector, has reported a 5% year-on-year (YoY) jump in its March quarter consolidated net profit at INR...
Tim Hortons launches first outlet in Hyderabad, marking major milestone in India expansion
Tim Hortons, the renowned international coffeehouse and restaurant chain, has inaugurated its premier outlet in Hyderabad, as announced in a social media post by...
Britannia expects commodity price uptick post-elections, eyes double-digit growth despite margin erosion
Commodity prices may see an uptick post-elections, according to Britannia's Executive Vice-Chairman and Managing Director, Varun Berry. He noted that this increase could particularly...
Quick commerce sector soars as Millennial and Gen Z homes drive growth
Just two years ago, the idea of quick commerce or instant deliveries was often dismissed with laughter. Some even argued that consumers had no...
