Page 12 - Sharleen Dsouza

Asian Paints Q3FY25 results: Net profit falls 23.3% Rs 1,110 crore

The industrial business registered a growth of 3.8 per cent on the back of general industrial and refinish segments, while its home decor business benefited from progress on its network expansion

Consumer companies upbeat as Budget tax relief boosts middle-class spending

This comes at a time when urban consumption is under pressure, as reflected in fast-moving consumer goods (FMCG) companies' October-December quarter results

Economic Survey 2024-25: It's time to tackle misleading nutrition claims

The Survey touched upon the UPF segment and stated that it has been built on high calories and involves food strategies, with misleading advertisements

Economic Survey 2024-25: Rural demand rises, urban sends mixed signals

It also noted that the impulse from rural demand is expected to continue in the second half of the financial year

Whirlpool intends to bring down stake in India unit to around 20% in 2025

It currently holds 51% stake

Slow start, but strong retail growth expected: Raymond CMD Gautam Singhania

The retail business was somewhat slow initially, but it has picked up over the past seven to eight days, said Gautam Singhania, chairman and managing director of Raymond

Bubbling with potential: John Murphy's plan to scale Coca-Cola in India

"I can tell you, we are more excited about the prospects for our business in India right now than we have ever been," John Murphy, president and CFO, Coca-Cola said

No change in strategy, focus: Adani Wilmar Deputy CEO & CFO, and MD & CEO

We are considering a couple of options for the name change. And of course, when Adani exists, they would certainly not like to have Adani name being associated with the company, Shrikant Kanhere said

Winter sales keep R-Day offers under weather; online rebates galore

Lower stocks limit offline discounts

Pockets and packets shrink as urban consumers face budget squeeze

Companies say that the urban consumer is stressed majorly due to taking on loans and credit in various forms like personal loans and credit card debts

HUL Q3 results: PAT rises 18.9% to Rs 2,984 cr, volume growth remains flat

Announces acquisition of beauty brand Minimalist, and demerger of ice-cream business

HUL to acquire 90.5% stake in Minimalist at enterprise value of Rs 2,995 cr

The remaining 9.5 per cent stake will be acquired from the founders in two years as per terms set out in the transaction documents, HUL said in its earnings presentation

PepsiCo partners with Tata's Ching's Secret to launch new Kurkure flavour

The flavour is available at three price points of Rs 5, Rs 10 and Rs 20 across India

Avenue Supermarts' incoming CEO-designate Asawa prioritises people, talent

With experience across developed markets, Asawa has worked closely with modern retail chains to drive growth even in saturated categories

Reliance Retail Q3 results: Net profit rises 10.1% to Rs 3,485 crore

The company's revenue from operations stood at Rs 79,595 crore, up 7.0 per cent year-on-year, while its gross revenue from operations increased by 8.8 per cent to Rs 90,333 crore

ABFRL board approves raising $500 mn through preferential issuance and QIP

Fundraise will deleverage company and help in its growth strategy, says fashion retailer

FMCG distributors rally to defend turf against qcom, ecom competitors

FMCG distributors and retailers will launch a nationwide campaign from January 20 to March 31 in over 500 districts and 700 talukas

Under Noronha's leadership, DMart's market capitalisation soared 500%

Before joining Avenue Supermarts in 2004, Noronha worked as a sales executive at Hindustan Unilever

Avenue Supermarts appoints Anshul Asawa as CEO designate from March 15

Asawa will succeed Ignatius Navil Noronha, who will complete his current term of five years as the managing director of the company on January 31, 2026

Softening base metal prices cushion rupee fall for consumer durables makers

In the last three months, the rupee has depreciated 2.2 per cent against the dollar, which typically hurts consumer durable companies.