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...
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Tata Starbucks to operate 1,000 cafes by FY2027-28, still under-penetrated – CEO
Tata Consumer Products is betting big on the coffee business in India, with plans to scale up its cafes under the Tata Starbucks joint...
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...
E-commerce emerges as top sales channel for FMCG, what does new study have to say?
Over 60% of FMCG companies now see e-commerce as their key sales platform, with nearly 75% of mid-sized firms favoring it as their primary...
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...
Tata Consumer foresees continued volume growth, sees food inflation as ‘short-term blip’
Tata Consumer Products Ltd (TCPL) is viewing the current food inflation as a "short-term blip" and expects it to moderate in the next two...