Page 23 - Sharleen Dsouza

Not only rural, urban FMCG sales also slipped late last year: Bizom

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

From sweets to diyas, Ram Mandir inauguration rings in 'second Diwali'

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

Consumers spending 50% time on digital media, says HUL's Rohit Jawa

HUL's chief financial officer, Ritesh Tiwari, however, pointed out towards stress in the mass end of the market

Reliance Retail Q3 results: Net profit surges 32% to Rs 3,165 crore

Reliance Retail continued to expand and added 252 new stores in the quarter and also saw its footfalls cross 282 million across formats

Weak rural demand a drag on HUL's Q3 showing; profit flat at Rs 2,509 cr

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

Ram Temple inauguration: Khan Market to Hazratganj, Ayodhya theme reigns

Temple's inaugural event to bring in business worth Rs 1 trillion, CAIT estimates

Corporate India on overdrive to celebrate Ram Mandir inauguration

Companies rushing to do their bit and be a part of mega celebrations

Asian Paints Q3 PAT rises 35% to Rs 1,448 cr, net sales at Rs 9,103 cr

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

The pandemic impact: PepsiCo India lines up offerings for expansion

Earlier this month, the fast-moving consumer goods (FMCG) major launched three variants under its Quaker Oats brand

Will look for more organic, inorganic buys: Tata Consumer Products MD & CEO

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

Rs 7,000 crore deals: Tata Consumer acquires Capital Foods, Organic India

The company said Smith & Jones is a fast-growing brand catering to in-home cooking of Italian and other Western cuisines

India remains a bright spot amid geopolitical tensions, says Nadir Godrej

'There are geopolitical challenges, but it does not affect India that much. India is in a bright spot'.

World Economic Forum: Davos-bound squad aims to turn spotlight on India

Top honchos from India Inc, finance, govt heading to the World Economic Forum

Some Maharashtra distributors to stop stocking of HUL's Taj Mahal tea

AICPDF has also asked for a provision in the software system to prevent billing to outlets without valid FSSAI licenses

Result preview: Subdued festival sales may reflect in Q3 retail numbers

The third quarter of the financial year typically witnesses higher sales since it coincides with the festival season

Indians' willingness to spend back at pre-Covid level, shows data

Consumer sentiment in rural India highest since Dec 2019

Distributors write to Hindustan Unilever, oppose margin structure

AICPDF asks HUL to restore old margin structure

FMCG cos to witness low topline growth in Q3, volume growth to remain soft

Also, during the year, companies resorted to cutting prices of their products as commodity prices softened, thus also having restricted the growth in revenue in the quarter

Nivea India appoints Geetika Mehta as its new managing director

Mehta's last stint was at Hershey India for 2.5 years as managing director, and prior to that, she was at the country's largest FMCG firm, Hindustan Unilever, for 18 years

Distributors may halt HUL stock buys amid margin structure change

FMCG companies typically give fixed margins of 4-6 per cent, while variable margins depend on milestones or performance parameters