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Hindustan Unilever is deepening ties with kirana stores to gain better insights into consumer behaviour. → Read More
Nestle India hikes prices of its products as commodity costs rise. → Read More
Two brands of HUL entered the Rs 5,000-crore club in the year ending March—at a time when the Covid-19 pandemic disrupted supply chains and hurt demand. Sales of Surf Excel detergent and Brooke Bond tea more than doubled to Rs 5,000 crore and above between FY19 and FY21, Hindustan Unilever Ltd. said at an analyst meet on Sept. 9. → Read More
Punit Goenka led Zee Entertainment Enterprises Ltd.’s annual general meeting on Tuesday amid demands for his ouster from shareholders and a day after two of its directors stepped down citing personal reasons. → Read More
Retail sales in August 2021 were at 88% of the August 2019 level, with north and south India witnessing the highest recovery, Retailers Association of India said in a media statement. → Read More
India’s largest consumer goods maker is live testing its digital store as the Covid-19 pandemic prompted people to turn online to buy everything from groceries to medicines. → Read More
Reliance Retail Ventures Ltd. has increased its stake Just Dial Ltd. to 40.98% as part of its plan to take majority control in the local business listings and search company. → Read More
As the second wave of Covid stalled a rebound, makers of home appliances are betting on the festive season for a boost. But that's far from certain. → Read More
“China has seen great success in integrating commerce on WeChat and possibly Reliance Retail is trying to replicate the same,” Jefferies said in a report. → Read More
Armed with data insights and buoyed by an accelerated shift away from informal peers during the pandemic, India’s large consumer firms are looking to break the dominance of regional brands. → Read More
The IPO will comprise of fresh equity shares worth up to Rs 250 crore and an offer-for-sale of 2.19 crore shares. → Read More
Here’s how the two Indian partners of Yum! Brands stack up. → Read More
India’s consumer goods makers saw their value grow over a year earlier for the fourth straight quarter as sales via pharmacies and online retailers helped cushion impact of the second Covid wave on consumption, according to NielsenIQ. → Read More
HSBC and Goldman Sachs are split over the impact of the Supreme Court’s ruling in the Amazon-Future Retail case on Reliance Industries Ltd. → Read More
Large tea producers increased their dominance during the pandemic as a wave of consolidation and formalisation helped them gain at the expense of regional and smaller peers. → Read More
Net profit attributable to shareholders of the country’s largest branded jewellery maker fell 96.5% sequentially to Rs 20 crore in the April-June period, according to its exchange filing. → Read More
Marico Ltd. defied the second wave of the pandemic even as its peers saw demand fall in the first quarter. The maker of Parachute hair oil and Saffola cooking oil witnessed strong demand even from rural areas in the April-June, Saugata Gupta, managing director and chief executive officer at Marico, said in an interview with BloombergQuint. → Read More
Britannia Q1 profit rises but misses estimates on higher raw material prices. → Read More
Jyothy Labs plans to hike prices across its products in the coming quarters to boost operating margin to pre-Covid levels. → Read More
Consumer goods makers are witnessing a revival in demand that fell during the second wave of the Covid-19 pandemic when viral infections rose in rural and urban parts of the country. → Read More