Friday, November 8, 2024

FMCG

Global food giants offer healthier options in wealthy nations but sell less nutritious products in lower-income countries, a recent report reveals. Report alleges Nestle, Pepsico, Unilever to dump items in poorer countries According to Reuters, a recent report...
Emami Limited's Board reviewed its financial results for the quarter ending September 30, 2024. Despite India's retail challenges, Emami's revenue grew 3% to INR 891 crore, with domestic sales up 2.6%. EBITDA at 7%, PAT to INR...

Middle east war slows McDonald’s growth, sales drop to half of pre-crisis levels

Geopolitical tensions in West Asia have impacted McDonald's operations in West and South India, with some outlets struggling to achieve half their pre-crisis sales....

Delhi HC bars Alpino from negative Oats ads following Marico lawsuit

The Delhi High Court has ordered Alpino Health Foods Private Limited to stop publishing ads that put oats in a bad light. This decision...

Colgate registers 10.5% revenue growth YoY, net sales surges to INR 1,609.2 Cr

Colgate-Palmolive (India) Limited reported strong financial results for the quarter ending September 30, 2024. Their topline growth increased by 10% year-on-year, with domestic revenues...

Godrej refuses to cut palm oil content despite Unilever’s move

Godrej Consumer Products announced it will not lower soap quality by reducing palm oil, responding to Hindustan Unilever's (HUL) move to cut palm oil...

AICPDF raises alarm: FMCG firms using quick commerce for near-expiry products

The All India Consumer Products Distributors Federation (AICPDF) is worried that FMCG companies are using quick commerce and e-commerce platforms to sell products that...

Dabur India to acquire major stake in Sesa Care for INR 12.59 Cr

Dabur India announced on Wednesday, October 29 that it will buy a majority stake in Sesa Care Private Limited for INR 12.59 crore. This...

Dabur India suffers 17.65% profit drop amidst high inflation, weak urban demand

FMCG giant Dabur India Ltd reported a 17.65% drop in its net profit to INR 417.52 crore for the September 2024 quarter due to...

Swiggy raises fresh share size to INR 4,499 cr, files RHP

After much anticipation, Swiggy filed its red herring prospectus (RHP) late on Monday, October 28. According to the IPO papers, the public issue will...

Bigbasket teams up with Tanishq for 10-Minute gold and silver coin deliveries

For the festive season, bigbasket, a TATA company, has teamed up with Tanishq to offer exclusive gold and silver coins for Dhanteras. Customers can...

Tata to introduce “Neu Flash”, targets to expand in Q-commerce sector

With the rise in demand for instant deliveries in India, Tata Group plans to enter the market, competing with major players like Blinkit, Zepto,...

Godrej Consumer registers 13.5% growth in net profit to INR 491.31 cr in Q2

Godrej Consumer Products Ltd reported a 13.52% increase in consolidated net profit to INR 491.31 crore in the September quarter, thanks to volume growth...

Tata Tea plans price hikes to boost profit margins in upcoming months

Tata Tea plans to raise prices across its brands in the next few months to boost profit margins, which have been affected by higher...

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