Saturday, December 7, 2024

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 surges 33%The brand holds an impressive 33% revenue share in the segment,...
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 income stood at INR 487.46 crore, down from INR 488.35 crore in...

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

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

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

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...

FMCG rebound expected amid urban market sluggishness: Industry Leader

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

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

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!

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...

LT Foods goes global, aims to tap $2 Bn rice market of Saudi Arabia

LT Foods Limited, a global FMCG company, has entered the Saudi Arabian retail market with the opening of a new office in Riyadh. This...

HUL announces demerger of  ice cream business, cites synergies limitation

Hindustan Unilever Ltd (HUL) has announced that its board has approved the demerger of its ice cream business into an independent listed entity.HUL owns...

Recent articles