Rural demand is on the recovery path, marked by a growing preference for larger packs: NielsenIQ
He also highlighted that the company's international business performed extremely well with robust double-digit growth across key markets
Dominance of general trade, low penetration of e-commerce helping large brands in India, says report
Budget schemes to revive demand over a period of time
Banga has also held the position of Senior Independent Director at retail chain Marks and Spencer plc and at GlaxoSmithKline
Expect employment opportunities to drive consumption
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
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
The retailer said some manufacturers might pass it on in a staggered manner as they also sit on some amount of inventories
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
The research agency said that urban growth was down 2.1 per cent in the quarter ended December compared to the same quarter last year, and the same was down 0.5 per cent in the previous month
The main thoroughfares, public places, markets, and private buildings were adorned with large cut-outs of Lord Ram, Ram flags, posters, banners, etc, displaying the frenzy around Ram Mandir
HUL's chief financial officer, Ritesh Tiwari, however, pointed out towards stress in the mass end of the market
Reliance Retail continued to expand and added 252 new stores in the quarter and also saw its footfalls cross 282 million across formats
According to Bloomberg, analysts had pegged HUL's revenue at Rs 15,642.2 crore and net profit at Rs 2,572.7 crore for Q3 FY24
Temple's inaugural event to bring in business worth Rs 1 trillion, CAIT estimates
Companies rushing to do their bit and be a part of mega celebrations
It's decorative and industrial coatings business saw a combined value growth of 6.1 per cent with a strong double-digit industrial coatings value growth
Earlier this month, the fast-moving consumer goods (FMCG) major launched three variants under its Quaker Oats brand
Tata Consumer Products announced that it has signed pacts to acquire Capital Foods and Organic India, Sunil D'Souza talks about the reason behind both acquisitions