Page 22 - Sharleen Dsouza

Indian market is a story of premiumisation, says Pernod Ricard India CEO

Jean Touboul, chief executive officer (CEO), Pernod Ricard India, speaks about India being one of the important markets globally

Jubilant FoodWorks expects Popeye to be Rs 1,000 cr brand in next 3-4 years

As far as demand is concerned, Pande believes that it is cyclical and demand will revive for the QSR industry

Package deal: How FMCG brands are leaving consumers spoilt for choice

The shelves in stores are packed. The options on e-commerce platforms are dizzyingly aplenty. The consumer is spoilt for choice. Which flavour of oats to go for? What packet of chips to pick?

Whirlpool promoter likely to sell 24% equity stake through block deals

Total deal size may range between Rs 2,337 crore and Rs 3,739 crore

MSME apparel makers may face losses up to Rs 7,000 crore in Q4: CMAI

Says retailers dropping order because of amendment to I-T Act on payment to MSMEs

Infrastructure, BFSI companies among top advertisers for cricket in 2023

FMCG brands expect to remain one of the strongest advertisers in IPL 2024

Volume may better for India biz from July: Unilever CEO Hein Schumacher

Hein Schumacher, chief executive officer of Unilever, informed investors after its earnings report that they expect the volume growth for HUL to be in a similar range as witnessed in Oct-Dec qtr

Haven't seen rural growth similar to past decade: Britannia's Varun Berry

During the quarter, the food major also implemented price reductions and introduced consumer promotions for its key brands

HUL to make key changes to its management committee, effective from April 1

HUL has appointed Shiva Krishnamurthy as Executive Director of its Foods and Refreshment division. It has also appointed Srinandan Sundaram as the Executive Director, Homecare

Trent Q3 results: PAT jumps 124% to Rs 374 cr on lifestyle segment growth

"The growing scale of our operations distinctly enables us to realise greater operating synergies," said Trent Chairman Noel N Tata

India's FMCG market grew in Q3 FY24 on higher consumption: Report

Rural demand is on the recovery path, marked by a growing preference for larger packs: NielsenIQ

Britannia Industries Q3 results: Net profit down 40.3% to Rs 556.4 crore

He also highlighted that the company's international business performed extremely well with robust double-digit growth across key markets

Incumbent FMCG brands continue to corner 65% market share in India

Dominance of general trade, low penetration of e-commerce helping large brands in India, says report

Interim Budget 2024: FMCG companies poised for rural demand revival

Budget schemes to revive demand over a period of time

Imperial College London appoints Manvinder Banga as its chair of council

Banga has also held the position of Senior Independent Director at retail chain Marks and Spencer plc and at GlaxoSmithKline

Interim Budget 2024-25: FMCG companies laud Centre's economic nudge

Expect employment opportunities to drive consumption

From Q1FY25, there will be stability, rural demand may rise: Adani Wilmar

Q3 is a very big quarter...Overall edible oil growth is flattish, but when you look at the packed segment, it has shown a growth rate of 4-5 per cent, said Angshu Mallick, MD and CFO of Adani Wilmar

JSW Paints sees business revenue at Rs 2,200 crore by end of FY24

The company has already broken even at an operating level during the year, and its earnings before interest, tax, depreciation, and amortisation (EBIDTA) margins are expected to be in single digits

Television may cost 10% more as prices of open cells continue to increase

The retailer said some manufacturers might pass it on in a staggered manner as they also sit on some amount of inventories

Retailers expect to shrug off January blues over Republic Day weekend

Electronics and consumer durables are also expected to witness a rise in sales and customers are expected to pick-up more mobile phones this long weekend