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FMCG giants intensify urban market focus with wave of new product launches
The slowdown in cons͏umer spending has͏n't deterred͏ fast-moving consumer goods (FMCG) companies from ͏i͏ntrod͏ucing new pr͏oduc͏ts. In recent ͏months, there ha͏s be͏en ͏a fl͏u͏rry...
Dr.Gluten: The ‘ITC’ of the Gluten-Free Market?
In the fast-evolving landscape of gluten-free products, Chakna Singh, a pioneering brand founded by Ribhu Tiwari, is making significant strides to position itself as...
Mondelez partners with Lotus Bakeries to manufacture and sell Biscoff in India, eyes premium cookie segment growth
Mondelez, a leading snacking company, has partnered with Belgian biscuit maker Lotus Bakeries to manufacture, sell, and market Biscoff, the latter's flagship brand, in...
ITC Hotels will have robust debt-free balance sheet, says Chairman Sanjiv Puri
The newly formed entity, ITC Hotels, will have a strong debt-free balance sheet which will help it raise capital of its own through equity...
How Renewable Energy is Transforming Hotels Across India
The Indian hotel industry is transforming as it increasingly adopts renewable energy sources. This movement towards sustainability is not only reducing operational costs but...
Competition watchdog approves ITC Hotel’s demerger plan
The Competition Commission of India (CCI) has given the green light to the demerger of ITC Ltd's hotel business into a separate entity.Once the...
FMCG giants like Nestle, ITC, and Tata Consumer embrace premiumization with innovative strategies
For the first time, Nestle India, a packaged foods manufacturer, is planning to recruit tasters and connoisseurs of premium foods for its soon-to-be-launched super-premium...
ITC’s Q4 net profit dips 1.3% to INR 5,020 Cr, final dividend announced
Cigarettes-to-soap major ITC Ltd recorded a standalone net profit of INR 5,020.20 crore in the March 2024 quarter, indicating a 1.3 percent decrease year-on-year...
ITC leverages innovative packaging and product premiumization to elevate customer experience
ITC, a diversified conglomerate, is focusing on enhancing product experience and shelf life while promoting sustainability through innovative packaging. The company is also managing...
ITC, Tata Consumer exit plant-based meat market as interest wanes and viability dwindles
ITC Ltd. and Tata Consumer Products Ltd. have opted out of the plant-based meat market, citing a decline in its buzz and economic feasibility....
Southern India leads economic recovery post-Covid: Kantar Report reveals strong FMCG growth in five states
The southern region of India seems to be leading the way in the overall economic recovery post-Covid, with five states showing stronger sales in...
ITC Aashirvaad expands portfolio, launches ‘Himalayan Pink Salt’ with no added colors
ITC Aashirvaad Salt has unveiled its latest offering: Himalayan Pink Salt. Also recognized as Sendha Namak or Saindhava Lavana in India, this salt variety...