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Nykaa’s parent company, FSN E-commerce, reports 2.5% share decline after massive block deal
Shares of FSN E-commerce, the parent entity of the beauty e-commerce platform Nykaa, saw a decline of up to 2.5% following a likely huge...
French butter maker Loyez Woessen sets sights on global expansion and diversification into cheese
France-based butter supplier Loyez Woessen aims to enhance its international presence following the acquisition of new investments.The company is also expanding into cheese and...
Hindustan Unilever downplays marginal friction with distributors, emphasizes gains in new margin structure
Hindustan Unilever, the largest consumer goods company in the country, stated that its distributors now have the opportunity to earn an additional 70 basis...
Tata Consumer Products set to expand portfolio with strategic acquisitions of Capital Foods and Organic India
Tata Consumer Products Ltd (TCPL) is set to announce two major transactions – the acquisitions of Capital Foods Pvt Ltd, renowned for its production...
Lexdale International to divest 2.62 Crore Nykaa shares valued at INR 490 Crore
Lexdale International is reportedly seeking to divest 2.62 crore shares of the beauty e-commerce giant Nykaa through open market transactions.Sources informed CNBC-Awaaz that the...
Taj Mahal Tea faces boycott in Maharashtra as FMCG distributors protest HUL’s margin changes
FMCG distributors demanding restoration of old margin structures from the leading maker HUL on Thursday said they would boycott its products in Maharashtra, starting...
Seafood companies boost investments in local market amid global export challenges: Shrimps, squids, and lobsters see surge in domestic demand
Seafood companies are increasing their investments in the local market to meet the growing demand for premium seafood, including shrimps, squids, lobsters, and seer...
Nestlé boosts coffee production capabilities with $100 Million investment in Vietnam
Nestlé Vietnam has strategically invested $100 million to enhance the production capabilities of its Tri An coffee facility in the southern province of Đồng...
Indonesia’s Bulog and IDFood set to import 120,000 Tons of meat from Brazil and India
Indonesia has assigned its state food procurement entities, Bulog and IDFood, to acquire 120,000 metric tons of meat from Brazil and India this year,...
Tata Starbucks records INR 24.97 Crore net loss, despite robust 70% revenue growth in FY23
Tata Starbucks has reported a net loss of INR 24.97 crore from its operations in India for the financial year ending March 31, 2023,...
Odisha’s red ant chutney officially recognized with GI tag
In recent years, the culinary landscape has been shaped by a desire to rediscover our culinary heritage, emphasizing sustainability and the use of hyperlocal...
Uniqlo operator Fast Retailing reports 25% surge in Q1 operating profit fueled by strong overseas sales
On Thursday, Japan's Fast Retailing Co disclosed a 25% surge in first-quarter operating profit, propelled by robust overseas sales. The Uniqlo operator is set...