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Annapurna Swadisht reports impressive financial surge, sets sights on rural retail expansion for continued growth
Annapurna Swadisht Limited (ASL), a Kolkata-based food and beverage company, has witnessed a remarkable upswing in its operational performance. Reporting a nearly 100 percent...
Hindustan Unilever to bring 1.3 Million kirana stores onto ONDC to counter e-commerce giants
Hindustan Unilever (HUL) has announced its commitment to facilitate the onboarding of approximately 1.3 million kirana stores onto the Open Network for Digital Commerce...
Dabur India sees remarkable rural rebound, expects parity with urban markets in next 3-4 quarters
Dabur India, a leading domestic FMCG company, is witnessing a significant rebound in rural markets. CEO Mohit Malhotra anticipates that growth in these markets...
Festive season boost: E-commerce sales soar by 37% in 2023, Unicommerce analysis reveals
E-commerce order quantities surged by around 37% during the 2023 festive season sale in comparison to the previous year, as per the analysis conducted...
Parag Milk Foods’ Q2 FY24 net profit skyrockets, surpassing INR 25.19 Crore and marking a 120.9% YoY surge
Dairy FMCG firm Parag Milk Foods Limited (PMFL) reported a notable improvement in its financial performance on Friday. The company disclosed a substantial year-on-year...
With INR 7,000 Crore in reserve, Dabur India scouts for strategic healthcare and homecare ventures
Homegrown FMCG giant Dabur India, backed by a formidable cash reserve of INR 7,000 crore, is currently on the lookout for acquisition opportunities in...
Rural India drives 9% growth in India’s packaged consumer goods sector
India's packaged consumer goods sector saw a remarkable 9% increase in value and an 8.6% rise in volume during the September quarter compared to...
Reliance Retail expands Smart Bazaar stores to small towns, targets growing demand
Reliance Retail is expanding its Smart Bazaar stores into towns with populations of up to 50,000 to cater to the increasing demand.According to Damodar...
Dabur reports 5% increase in net profit and 7% revenue growth for Q2 2023, announces INR 2.75 dividend per share
On Thursday, Dabur Ltd, an FMCG company, announced a net profit of INR 515 crore for the quarter ending in September 2023, reflecting a...
Over 80% of Indian retailers don’t perceive e-commerce as a threat to business: Report
According to a study, the majority of Indian retailers who were surveyed do not perceive e-commerce as a threat to their business operations. Only...
Spice tech firm Growcoms raises $3.5 Million in funding led by JSW Ventures and Arali Ventures
Spice tech firm Growcoms has just secured $3.5 million in a new funding round, with co-leadership from JSW Ventures and Arali Ventures, and the...
Adani Wilmar Limited surges with 18% year-on-year volume growth in H1 2024, eyes expansion in food business
Adani Wilmar Limited delivered a strong performance in the recent quarter, showcasing an impressive 18 percent year-on-year volume growth in the first half of...