 "Sharleen Dsouza")
Sharleen Dsouza
Sharleen Dsouza
Sharleen D'Souza has been covering the consumer segment for almost a decade. At Business Standard, she works on consumer trends and FMCG corporates. Off the clock, she's an OTT addict, avid reader, and finds peace in yoga and meditation.
Sharleen D'Souza has been covering the consumer segment for almost a decade. At Business Standard, she works on consumer trends and FMCG corporates. Off the clock, she's an OTT addict, avid reader, and finds peace in yoga and meditation.
Page 26 - Sharleen Dsouza
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
 "MSME apparel makers may face losses up to Rs 7,000 crore in Q4: CMAI")
Infrastructure, BFSI companies among top advertisers for cricket in 2023
FMCG brands expect to remain one of the strongest advertisers in IPL 2024
 "Infrastructure, BFSI companies among top advertisers for cricket in 2023")
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
 "Volume may better for India biz from July: Unilever CEO Hein Schumacher")
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
 "Haven't seen rural growth similar to past decade: Britannia's Varun Berry")
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
 "HUL to make key changes to its management committee, effective from April 1")
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
 "Trent Q3 results: PAT jumps 124% to Rs 374 cr on lifestyle segment growth")
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
 "India's FMCG market grew in Q3 FY24 on higher consumption: Report")
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
 "Britannia Industries Q3 results: Net profit down 40.3% to Rs 556.4 crore")
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
 "Incumbent FMCG brands continue to corner 65% market share in India")
Interim Budget 2024: FMCG companies poised for rural demand revival
Budget schemes to revive demand over a period of time
 "Interim Budget 2024: FMCG companies poised for rural demand revival")
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
 "Imperial College London appoints Manvinder Banga as its chair of council")
Interim Budget 2024-25: FMCG companies laud Centre's economic nudge
Expect employment opportunities to drive consumption
 "Interim Budget 2024-25: FMCG companies laud Centre's economic nudge")
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
 "From Q1FY25, there will be stability, rural demand may rise: 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
 "JSW Paints sees business revenue at Rs 2,200 crore by end of FY24")
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
 "Television may cost 10% more as prices of open cells continue to increase")
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
 "Retailers expect to shrug off January blues over Republic Day 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
 "Not only rural, urban FMCG sales also slipped late last year: Bizom")
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
 "From sweets to diyas, Ram Mandir inauguration rings in 'second Diwali'")
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
 "Consumers spending 50% time on digital media, says HUL's Rohit Jawa")
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
 "Reliance Retail Q3 results: Net profit surges 32% to Rs 3,165 crore")