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Feb 16, 2021 06:48 PM IST The metro market witnessed "significant recovery", while rural India, which is performing well after a quick recovery from the pandemic, continued to be "buoyant" and witnessed double-digit growth during the quarter under review.
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Feb 15, 2021 05:16 PM IST On the other hand, the company said "COVID obsessive” categories such as hand sanitisers and hand wash which saw a sharp surge during the pandemic are also expected to normalise this year.
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Feb 12, 2021 10:44 AM IST Recovery in cigarette business holds the key to re-rating of ITC
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Feb 09, 2021 02:24 PM IST Unilever’s new strategy focuses on fewer categories aiming at higher and profitable growth. HUL’s near to medium term performance may feel the effect, if it follows suit
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Jan 30, 2021 08:24 PM IST Amazon.com Inc’s bid to stall Future Group’s $3.4 billion retail assets sale is similar to Alexander the Great’s “ruthless ambition to scorch the earth”, the Indian group’s CEO Kishore Biyani said on January 30.
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Jan 30, 2021 04:36 PM IST Indian stock exchanges this month cleared Future’s deal with Reliance, despite Amazon’s repeated requests to regulators to block the deal.
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Jan 28, 2021 10:33 AM IST The FMCG market leader will focus on growth even if it comes at the cost of margins in the near term
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Jan 08, 2021 08:55 AM IST Marico, whose brands include Parachute and Saffola, said its India business recorded double-digit volume growth in Q3FY21.
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Dec 14, 2020 04:39 PM IST The Raymond group, which has interests in the textile, apparel, FMCG, engineering, prophylactics and real estate sectors, was battered by Covid. In FY20, it recorded consolidated revenue of Rs 3,186 crore, only to see this shrink to a mere Rs 24 crore in the first quarter of FY21 and Rs 254 crore in the second quarter. But with the economy opening up, Chairman and Managing Director Gautam Hari Singhania told Moneycontrol things are looking up for Raymond with most group businesses at 90 percent of their pre-Covid levels
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Dec 13, 2020 10:51 AM IST NMR is the advance technology to detect adulteration in honey with sugar syrups by molecular separation and identification. It is the only test that can detect the new modified ‘Chinese sugar’ being used to adulterate honey.
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Dec 04, 2020 09:41 AM IST Contrary to what one would expect, small FMCG companies have done far better than the bigger ones during the pandemic
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Nov 27, 2020 09:40 AM IST The growth witnessed in the fast-moving consumer goods (FMCG) sector was also a reflection of positivity witnessed in the overall macroeconomic scenario amid opening up of the economy and easing of lockdown restrictions
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Nov 25, 2020 05:14 PM IST Among digital transactions during the festive period in 2020, 71 percent of the purchases were on EMI, with four months being the average chosen tenure.
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Nov 09, 2020 02:10 PM IST While ITC’s FMCG business is on the path to growth, emerging from COVID's shadow, the demand for cigarettes is down
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Nov 09, 2020 09:33 AM IST We expect ITC to continue to remain aggressive in the FMCG space and the market share and the volumes are likely to remain higher
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Oct 19, 2020 05:37 PM IST Besides, D-Mart has also expanded its e-commerce operations in select pin codes of Pune City.
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Oct 14, 2020 10:38 PM IST Net Sales are expected to increase by 7.5 percent Y-o-Y (up 2.1 percent Q-o-Q) to Rs. 1,966.2 crore, according to ICICI Direct.
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Oct 14, 2020 04:35 PM IST Net Sales are expected to decrease by 2.3 percent Y-o-Y (up 22.9 percent Q-o-Q) to Rs. 11,594.6 crore, according to ICICI Direct.
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Oct 14, 2020 04:32 PM IST Net Sales are expected to increase by 13.4 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 11,005.3 crore, according to ICICI Direct.
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Oct 14, 2020 03:17 PM IST Net Sales are expected to increase by 6.5 percent Y-o-Y (up 19 percent Q-o-Q) to Rs. 2,356.1 crore, according to ICICI Direct.
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Sep 30, 2020 02:02 PM IST Direct seller firm witnesses increase in online sales from 33.6 percent in February 2020 to over 70 percent in September 2020. Before lockdown in March, the company had executed 1 lakh deliveries, accounting for 40 percent of total sales count.
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Sep 29, 2020 01:10 PM IST Business has for long had an eye on the staples in a consumer’s basket. The govt’s reforms for the farm sector could make it a viable and scalable proposition
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Sep 29, 2020 09:55 AM IST According to JM Financial, ITC’s FMCG segment is possibly one of the most under-appreciated businesses in the Indian consumer space in recent times.
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Sep 26, 2020 08:58 PM IST From undertaking sales force automation to roping in marketing professionals, from charting out aggressive growth plans to fanning out across the country, and from ending ‘jugaad’ marketing and earmarking a decent amount for marketing and sales, the Sehgals have made a brand out of a commodity.
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Sep 26, 2020 03:30 PM IST FMCG consumption was the hardest hit in bigger cities in India during the lockdown period, it said adding that the sector is seeing a cautious recovery in the country