Page 26 - Sharleen Dsouza

Raymond Group to acquire 59% stake in Maini Precision for Rs 682 crore

The acquisition will be concluded through Ring Plus Aqua, a subsidiary of JK Files and Engineering

Reliance Beauty buys Sephora India rights from Arvind Fashions for Rs 99 cr

The buyout gives Reliance Retail Ventures exclusive rights to build and enhance Sephora's presence in India across channels

Britannia sees a clear slowdown in rural markets, says Varun Berry

He also said that the company is rapidly evolving in digital marketing and is leveraging digital in e-commerce

Reckitt Benckiser India, distributors at loggerheads over incentives

Distributors not happy with damage claims policy

Save the date: India's largest luxe mall opens its doors on November 1

The mall will showcase a host of prestigious luxury brands, including Bvlgari, Cartier, Louis Vuitton, Versace, Valentino, Manish Malhotra, Abu Jani Sandeep Khosla, and Pottery Barn, among others

Reliance Retail Q2 results: Net profit rises 21% to Rs 2,790 crore

During the quarter, Reliance Retail raised Rs 15,314 crore from KKR, Qatar Investment Authority and Abu Dhabi Investment Authority

Brokerages expect revenues to remain under pressure for Asian Paints

Motilal Oswal Research said in its report, "with input costs on the rise, the margin gains in the second half of FY24 are not expected to mirror those seen in the first half of FY24."

See huge opportunity to expand in Tier-II, says Marks & Spencer India

Ritesh Mishra, managing director at M&S India, said, "Tier-II cities are of paramount importance to us, as there is still room for growth in Tier-I markets"

Unilever expects price adjustments in India, says CFO Graeme Pitkethly

The management also pointed out that India saw a gradual recovery in the market, with growth led by urban areas, while rural areas continued to remain subdued

Asian Paints Q2FY24 results: Net profit rises 54% to Rs 1,205 crore

On a quarter-on-quarter (Q-o-Q) basis, the company's net sales decreased by 7.7 per cent, while net profit declined by 22.2 per cent

Consumer durables firms see double-digit growth on festive shopping

Volume growth is expected to be in the range of 10-12 per cent

Regional FMCG firms see gains over larger peers for second quarter in a row

Local brands have been able to capture market share as prices of raw material are lower, making it easier for them to manufacture and sell FMCG products at lower prices

India's per capita FMCG consumption low compared to other economies: HUL MD

Premiumisation is bound to accelerate as Indians become more affluent and urban, says Jawa

HUL Q2FY24 results: Net profit falls slightly, rural demand subdued

Gradual demand recovery to continue with tailwinds from festival season: CEO

DAEWOO plans India comeback in new avatar, to launch electric bikes, cycles

The company is entering the market for the second time as it is confident of India's robust economic growth and surging consumer demand

India is high on list for prestige beauty brands: Shiseido Apac CEO

The market is better placed now with organised retail, which provides accessibility and reach

Retail cos expected to witness muted growth in Q3 after weak demand in Q2

In the apparel sector, few wedding dates and lingering weak consumption patterns are expected to hinder growth for companies

Rs 5 lakh to Rs 5 crore: JSW Sports eyes golden deals for athletes

According to sources with inside knowledge, Neeraj Chopra has signed brand sponsorships with Under Armour, Gillette, Noise, Tata AIA Life Insurance, Swiss Tourism, and Limca Sportz

India vs Pakistan WC match: Disney+ Hotstar sets viewership record of 35 mn

Disney+ Hotstar has the exclusive broadcast and media rights for both linear and digital platforms for the ICC Cricket World Cup

Uneven monsoon weighs on demand for FMCG firms in July-Sept quarter

Volumes to remain steady in the quarter on a sequential basis