Page 25 - Sharleen Dsouza

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

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