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Godfrey Phillips India to shut down 24Seven retail chain citing financial struggles
On Friday, tobacco manufacturer Godfrey Phillips India Ltd announced its decision to discontinue its retail business division, 24Seven, due to a negative net worth...
FMCG and dairy giants prepare for summer surge: PepsiCo and Coca-Cola ramp up production as heatwave looms, Dabur and Havmor expand capacity
As temperatures steadily climb and the onset of a heatwave looms, FMCG and dairy companies specializing in cola-based fizzy drinks, juices, mineral water, ice...
German home appliances maker BSH Hausgeräte GmbH sees India as second-largest emerging market, anticipates double-digit growth
India ranks as the second-largest emerging market for BSH Hausgeräte GmbH, the German home appliances manufacturer, according to Rudolf Klotscher, the company's global chief...
Despite open import policy, tur dal prices rise by over 10% in a month
Despite the open import policy, tur dal prices have risen by over 10% in less than a month. The pulse processing sector has alleged...
Hindustan Unilever grapples with market shift as niche brands gain ground in India’s consumer landscape
Hindustan Unilever Ltd., the largest consumer company in the world’s most populous nation, has been providing everyday products from detergent to instant coffee to...
Majority of protein powders in India fall short on label accuracy and safety standards, reveals study
Majority of the protein powders leading the market in India fall short in terms of quality, accuracy in labeling, or fulfillment of advertised claims,...
FMCG sector eyes monsoon and elections for growth, says Britannia MD
Fast-moving consumer goods (FMCG) have observed a marginal uptick in sales volume growth, as highlighted by Varun Berry, executive vice-chairman and managing director of...
Foodtech giant Swiggy introduces ‘Paw-ternity’ policy to support employees on pet care
Swiggy, a leading player in food delivery and quick commerce, has introduced a 'Paw-ternity' policy to support employees with pet care and adoption."We are...
Tata Neu launches food & beverage services on ONDC with pilot program in Delhi-NCR and Bengaluru
The Tata Group's superapp, Tata Neu, has launched its services in the food and beverage segment on the government-backed Open Network for Digital Commerce...
Bacardi India intensifies focus on premiumization as demand for high-end spirits surges
One in two Indians are favoring premium spirits, as per Bacardi India managing director Vinay Golikeri, citing the Bacardi Cocktail Trends Report 2024. Golikeri...
Rasna’s new-generation portfolio drives 20% of business, says Chairman Piruz Khambatta
Rasna, a homegrown beverage brand, derives about 20 percent of its business from its new generation portfolio, as shared by Piruz Khambatta, Group Chairman...
Indri Single Malt Whisky emerges as world’s fastest growing brand, selling over 1 Lakh cases and capturing 30% market share in India
Indri Single Malt Whisky, meticulously crafted by Piccadily Distilleries, has set a new standard in the spirits market, emerging as the fastest-growing single malt...