Page 6 - Sharleen Dsouza

Consumer goods companies bank on festivals for urban demand revival

While FMCG companies say that demand remains steady for urban, Colgate Palmolive India said in its earnings release that urban demand remained subdued in April-June.

Allied Blenders & Distillers looks to take advantage of India-UK FTA

Allied Blenders & Distillers aims to add more luxury labels, improve gross margins by 300 bps, and tap UK-India FTA as it focuses on growth in prestige segments

Avenue Supermarts to expand stores, focus on north and smaller cities

DMart operator plans faster store rollout with focus on north India and Tier-II cities, eyes 20% expansion and long-term potential of up to 1,900 outlets

Urban FMCG demand slows but stays ahead of rural in Q1FY26: Report

Urban FMCG volume growth slowed to 4 per cent in April-June but continued to outpace rural demand as uneven rainfall, seasonal shifts hit foods and personal care

Shailesh Jejurikar becomes first Indian to lead 187-year-old P&G

Chief operating officer of consumer goods conglomerate will succeed Jon Moeller

Asian Paints sees 6% profit drop in Q1, strong performance in int'l markets

Asian Paints reports a 6% drop in Q1 net profit, despite a 3.9% rise in decorative paints volumes and a strong performance in international markets

Coca-Cola, Bhartiya family likely to consider listing HCCB in India

Coca-Cola and the Bhartiya family may look to list Hindustan Coca-Cola Beverages (HCCB) in India, with the Bhartiya family set to become the controlling shareholder

FMCG major Tata Consumer Products Q1 profit increases 15.1% to ₹334 crore

Net sales in the reported quarter were up 9.8 per cent, compared to the same period last year at ₹4,779 crore on the back of strong growth seen in both tea and salt categories in the Indian business

Tilaknagar Industries to acquire Imperial Blue business for 412.6 mn euro

The consideration includes a deferred payment of 28 million euro (approximately ₹282 crore as on date), to be paid four years after the closure of the transaction

Ikea India appoints new CEO, Patrik Antoni, to drive growth plans

Ikea India has appointed Patrik Antoni as CEO, effective August 2025, to lead its growth strategy and strengthen its leadership setup in the country

Titan Company to acquire 67% stake in Dubai's Damas in all-cash deal

Titan Company has signed an agreement to acquire a 67% stake in Damas LLC, marking a strategic expansion into the GCC jewellery market, with an all-cash deal valued at AED 1,038 million (Rs 2,439 cr)

Reliance Consumer Products on strong growth trajectory: Reliance Retail CFO

Reliance Consumer Products is rapidly expanding its capabilities and aims to become one of India's largest FMCG companies by 2030, with significant growth in revenue and market share

Reliance Retail's AJIO launches four-hour delivery service in six cities

The move comes after Myntra launched its two-hour delivery service called M-Now in select areas of Bengaluru, Delhi-NCR, and Mumbai

Reliance Retail Q1FY26 results: Net profit up 33% on expansion spree

The firm's revenue from operations stood at ₹73,720 crore, up 11.3% year-on-year, while its gross revenue also rose by 11.3% to ₹84,171 crore

Asian Paints challenges CCI investigation order in Bombay High Court

CCI had ordered an investigation into the company for alleged abuse of dominant position based on a complaint received by Aditya Birla Group's Grasim Industries on July 1

Reliance acquires home appliances firm Kelvinator for undisclosed sum

Deal will enable Reliance Retail to significantly broaden offering in consumer durables sector, company says

After global misstep, Italian luxury brand Prada walks into Kolhapur

Prior to their visit, the team had an online meeting on July 11 with executives from the Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA)

Need to move lot faster than mkt to be 'wildly successful': Nisaba Godrej

GCPL to drive growth via bold TAM strategy, acquisition-led entries into deodorants, pet food, and mass detergents as FY26 targets and international gains take shape

Consumption will be robust from July on, says AWL MD Angshu Mallick

Our B2B business was very good, but it got impacted because of the same reason that industry expected the market to come off, says Angshu Mallick

Hemant Rupani named CEO of Hindustan Coca-Cola Beverages effective Sept 8

Rupani will succeed Juan Pablo Rodriguez as CEO of HCCB and bring with him extensive FMCG experience from Mondelez, PepsiCo, Vodafone and Britannia