Page 6 - Sharleen Dsouza

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

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

Avenue Supermarts reports flat net profit in Q1FY26 despite revenue growth

Avenue Supermarts posted flat net profit of Rs 773 crore in Q1FY26, while revenue grew by 16.3% to Rs 16,359.7 crore, driven by a 7.1% growth in older DMart stores

HUL appoints Priya Nair as CEO & MD from Aug 1, first woman to lead company

Hindustan Unilever announces Priya Nair as its new CEO & MD, making her the first woman to lead the company. Nair brings over 20 years of experience in various leadership roles at Unilever

Sunil Mittal, Warburg Pincus eye 49% in Haier India at steep discount

Haier's Chinese parent may offload 49% in Indian arm at ₹6,000 crore, far below its initial $2 bn ask; deal includes brand fees, staff equity, and a planned IPO within 2 years

Results preview: Rising rural demand may reflect in FMCG firms' Q1 showing

Dabur, Marico and Godrej Consumer see improved trends; AWL flags muted demand

Early rainfall spoils FMCG's summer run, register mild Q1 recovery

Early monsoon dampened Q1 FY26 demand for summer-linked FMCG goods but modest volume growth and raw material easing could support a broader recovery from Q2

It's natural for JSW Paints, AkzoNobel India to merge ops: Parth Jindal

Parth Jindal says JSW Paints' acquisition of AkzoNobel India will strengthen decorative and industrial paint segments; Dulux, tech tie-up key to long-term strategy

Good monsoon, better macros to drive growth in near term: HUL's Paranjpe

HUL Chairman Nitin Paranjpe says easing inflation, tax relief and monsoon hopes will boost the economy; highlights AI, ONDC, and digital commerce at AGM

GIA to expand Indian offerings, revise grading for lab-grown diamonds

GIA will stop using traditional clarity and colour scales for lab-grown diamonds and expand services in India to support rising consumer confidence in jewellery