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Patanjali Ayurved to divest 7% stake in Patanjali Foods to boost public float and meet listing requirements
In an effort to meet listing requirements and increase public float, Patanjali Ayurved Ltd, led by Baba Ramdev, intends to sell up to 2.53...
ITC’s FMCG business witnesses remarkable 21% increase in annual consumer spending, reaching INR 29,000 Crore in FY22-23
According to ITC's latest annual report, the FMCG business of the diversified conglomerate has experienced a notable 21 percent increase in annual consumer spending,...
Sanjiv Puri to continue as Chairman and Managing Director of ITC, board recommends five-year extension
According to its annual report for FY23, leading conglomerate ITC has put forth a recommendation to reappoint Sanjiv Puri as Chairman and Managing Director....
MITRA achieves staggering 3200% growth, unveils advanced Alwar oil plant ahead of funding round
MITRA, a prominent direct-to-consumer (D2C) and Fast Moving Consumer Goods (FMCG) brand, has recently unveiled its cutting-edge Alwar Oil Plant, marking a major achievement...
Changing landscape: Men take the lead as primary grocery buyers in India, study finds
According to a study conducted by Kirana Club, a network of one million kirana stores, it was found that approximately two-thirds of grocery and...
Dabur India anticipates robust growth in domestic operations, expects double-digit growth in Q1
Dabur India announced on Thursday that its domestic operations are anticipated to achieve robust growth in the high single digits. Additionally, a decrease in...
Adani Wilmar records impressive 25% YoY volume growth in Q1FY24 driven by surge in demand
Adani Wilmar on Wednesday reported a 25 percent year-on-year volume growth during the quarter ending June 30, mainly on account of robust consumer demand...
Tata Consumer Products aims for 5% sales boost from latest innovations by fiscal year 2025, explores AI for swift adaptation
Tata Consumer Products (TCP), a leading player in the Fast-Moving Consumer Goods (FMCG) industry, has set its sights on achieving a 5 percent sales...
Dabur India’s brand portfolio soars: Five more brands achieve INR 100 Crore in sales in FY23
According to Dabur India's annual report, the company announced on Tuesday that its brand portfolio has expanded to include 17 brands, each generating sales...
Annapurna Swadisht bolsters manufacturing operations through exclusive partnership with Gopal Food Product
Annapurna Swadisht, a fast-moving consumer food company based in Eastern India, made a significant announcement on Tuesday. The company has entered into an exclusive...
Virat Kohli-backed Rage Coffee boosts production potential with new manufacturing facility, anticipates eightfold growth
Rage Coffee, the FMCG startup backed by Virat Kohli, has recently inaugurated its new manufacturing unit in IMT, Manesar, the company announced on Tuesday.The...
FMCG giants remain optimistic about rural demand, brush off concerns of El Nino impact
According to top executives of consumer goods companies, the resurgence of rural demand is not solely reliant on the influence of El Nino on...