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ONDC anticipates 2.5 Lakh daily transactions by FY24, considering nominal usage fees: T. Koshy
Thampi Koshy, the Managing Director of the government-backed e-commerce platform Open Network for Digital Commerce (ONDC), anticipates that the daily transaction count is poised...
Kolkata’s Annapurna Swadisht appoints new Joint MD for strategic development and innovation
Kolkata's Annapurna Swadisht Ltd, a company renowned for its expertise in packaged snacks, food, and beverages, has recently appointed Mr. GP Sah (Gajanan Prasad...
Dabur India ushers in a new era with a complete shift to cloud-based systems
On Monday, Dabur India announced its transition to a fully cloud-based operation, having effectively moved its applications from its On-Premises Data Center to the...
ITC to intensify green logistics programme for last-mile FMCG deliveries in FY24
ITC is intensifying its commitment to environmentally-friendly logistics by incorporating electric vehicles into its last-mile operations for fast-moving consumer goods (FMCG) products. The company's...
Godrej Consumer Products records mid-single-digit volume growth in July-September quarter
Godrej Consumer Products Ltd has reported mid-single-digit volume growth in the domestic market for the July-September quarter, even in the face of challenging macroeconomic...
Future Consumer Ltd defaults on INR 369.59 Crore loan repayment in July-September quarter
In the September quarter, Future Consumer Ltd (FCL), the FMCG subsidiary of the financially troubled Future Group, failed to meet its financial obligations, with...
Dabur India anticipates strong recovery and growth in FMCG market despite seasonal challenges
Dabur India's quarterly update highlights that FMCG consumption is demonstrating year-on-year improvement, benefiting from positive macroeconomic indicators. However, the recovery has been gradual, with...
How Modern Warehousing Trends are Fuelling Growth in the FMCG Sector
In the dynamic world of Fast-Moving Consumer Goods (FMCG), efficient warehousing has emerged as a catalyst for growth and success. With the Indian FMCG...
True Elements reports 37% surge in net loss in FY23 despite revenue growth
Pune-based healthy snacks brand True Elements witnessed a 37% surge in its net loss for the financial year ending on March 31, 2023. During...
FMCG companies to provide distributors with flexibility in selecting pack sizes for SKUs
FMCG companies will provide distributors with the option to choose from a variety of Stock Keeping Units (SKUs) in different pack sizes, offering greater...
FMCG companies experiment with pricing strategies to counter inflationary pressures
Consumer goods companies are vigorously safeguarding their ability to explore price elasticity for their products, while distributors are striving to find order amidst the...
LT Foods expands Super Food range with ‘Daawat Quick Cooking Red Rice’ for health-conscious consumers
LT Foods, an Indian-origin global FMCG company with a history spanning over 70 years, has expanded its range of Super Food products by launching...