FMCG
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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...