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B2B ecommerce platform Moglix considers base relocation to India amid plans for public debut
Moglix, a B2B ecommerce platform, is reportedly planning to relocate its base to India. This potential move comes on the back of its plans...
Rural consumption trends shift: JM Financial Report highlights decline in food expenditure, signals rise in discretionary spending
According to a report by JM Financial Institutional Securities, the decline in the share of food expenditure to 46.3 percent in the rural consumption...
FMCG giants raise prices by up to 10% to bolster profits amid slow demand recovery
Fast-moving consumer goods (FMCG) companies have increased prices by as much as 10% in efforts to stimulate top-line growth, which has been hampered by...
Reliance partners with Sri Lanka’s Elephant House to expand beverage portfolio in India, taking on Coca-Cola and Pepsi
Reliance's FMCG division has partnered with a prominent Sri Lankan beverage company to bring the Elephant House brand to India. This strategic move is...
Patanjali Foods assures unaffected business amid Supreme Court remarks on Ayurvedic ads
Patanjali Foods, a subsidiary of the Baba Ramdev-led Patanjali Group, affirmed that its business operations and financial performance will remain unaffected by the recent...
Indian FMCG firms turn to Dubai as launchpad for international expansion
Several Indian fast-moving consumer goods (FMCG) companies are considering Dubai as the base for their global expansion, according to Ashraf A. Mahate, the chief...
WayCool Foods implements second wave of layoffs, 70 employees affected
Chennai-based WayCool Foods has reportedly let go of at least 70 employees over the past month, marking the second round of layoffs at the...
FMCG companies eye price-led growth with planned hikes in consumer goods
Following a notable decrease in input material costs last year and subsequent price reductions affecting the value growth rate of the fast-moving consumer goods...
FMCG giants roll out budget-friendly digital packs, targeting mass market
FMCG companies are now introducing digital or e-commerce-centric product packages at more affordable prices, aiming at the mass market with tailored offerings. This marks...
Citi Research bullish on Mamaearth, projects 24% upside potential with ‘buy’ rating
Brokerage firm Citi Research has started covering Honasa Consumer Ltd, the parent company of D2C unicorn Mamaearth, giving it a ‘buy’ rating. The firm...
Amul to celebrate golden jubilee on Thursday, discuss vision for next 25 years: GCMMF Chief
On Thursday, Prime Minister Narendra Modi will participate in the golden jubilee festivities of the Gujarat Cooperative Milk Marketing Federation (GCMMF), renowned for its...
FMCG demand in India faces continued decline, Kantar predicts further downturn
The demand for daily groceries, essentials, and household products is projected to deteriorate over the next few quarters in India, according to global research...