Singhania says he has laid the groundwork for a promising future
This has also caused India to replace China as the second-largest market in the world for natural diamond jewellery
FMCG association writes to govt seeking redressal
Both companies' new businesses have emphasis on segments within the consumer space, with Aditya Birla Group recently announcing its entry into the jewellery retail space
Experts say Mars stands to gain with Kellogg's rural reach and also have a larger portfolio to offer in modern trade, e-commerce
Fresh merchandise flew off shelves for retailers during the long weekend
In the April-June quarter, Blue Star's revenue from electro-mechanical projects, commercial air conditioning systems, services and international business grew by 9.5 per cent
Apparel and lifestyle retailers' sales have been under pressure since the festive season last year
Rural continues to outpace urban in volumes growth
Industry growth steady and reflects resilience and adaptability, says consumer research firm NielsenIQ
The maker of Good Knight said it will invest Rs 500 crore in its pet care business over a period of five years
The oil-to-telecom conglomerate also added that its retail arm remains steadfast in innovating across formats and products to improve customer experience and serve evolving consumer needs
The company has increased its rural distribution and now has up to 30,000 rural distributors
Companies expect the trend of rural outpacing urban to continue
The jewellery major's profit before interest, depreciation and tax grew 10.3 per cent to Rs 1,367 crore in the quarter ended June
Adani Wilmar shares closed at Rs 348.80 per share, up 0.19 per cent on NSE, while Adani Enterprises closed at Rs 3,225.10 per share, up 1.76 per cent
In volume terms, we will block at least 20-25 per cent growth over last year. Volume wise we should do more than a million tonnes to 1.2 million tonnes, said Angshu Mallick, MD and CEO, Adani Wilmar
The salt business revenue grew by 9 per cent on the back of strong volume growth
Edible oil registered strong volume growth of 12 per cent YoY and surpassed one million tonnes in the quarter and its food & FMCG sales crossed Rs 1,500 crores in Q1
Aditya Birla joins the fray of an already booming jewellery retail market