Page 7 - Sharleen Dsouza

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

Magnum to acquire 61.9% of Kwality Wall's India from Unilever Group

Magnum Ice Cream Company will acquire a 61.9 per cent stake in Kwality Wall's India post demerger from HUL, with an open offer to follow and existing licensing retained

AI lifts Samsung India's home appliance sales to 50% mark: Ghufran Alam

For washing machines and refrigerators, according to Samsung India's internal estimates, the growth is expected to be in single-digit for the year

Tata Group secures top spot as India's most valuable brand: Report

Tata Group becomes India's first brand to surpass $30 billion in value, leading Brand Finance's 2025 rankings and signalling rising global strength of Indian firms

Fast and now under fire: Quick-commerce firms face heat from regulators

According to a report by Blume Ventures, an early-stage venture fund, India's qcom market surged from $300 million in FY22 to an expected $7.1 billion in FY25

Trent sets 25% growth target, to expand Zudio and new brand categories

Trent plans to grow its brand portfolio, expand store density, enter new categories like beauty and innerwear, and boost omnichannel presence, brokerages note

Our model is built on recruiting consumers into our products: Krishnakumar

We have been trying out all the categories that are possible in consumer business, be it food, beverages, impulse foods and home and personal care, said T Krishnakumar, director at RCPL

Diageo India to acquire majority stake in NAO Spirits for ₹130 cr

United Spirits will acquire a controlling stake in NAO Spirits, including popular gin brands Greater Than and Hapusa, marking a strategic expansion into Indian craft spirits

For Herman Jansen, India still a strategically-important emerging market

The company will focus on growing its European and South East Asian market, says Diederik Jansen

Tata Consumer products keeps its 'antennae up' for strategic buys

At the company's AGM, P B Balaji said Tata Consumer is transforming into a future-ready FMCG powerhouse, led by AI adoption, health-conscious offerings and innovation

FMCG companies in wait-and-watch mode as global crude oil prices climb

While packaging and freight costs may rise, FMCG companies are holding off on price increases, citing hedging cover and watching for sustained crude price trends

FMCG distributors seek clause for collecting expired, damaged stock

In another letter to the government, the body alleged that damaged and expired FMCG goods are being sold via quick commerce platforms and stored in poor conditions

P&G Hygiene sees urban stress persisting and rural demand rebound

P&G Hygiene and Health Care highlights healthy rural recovery and strong economic indicators but remains cautious due to weak urban demand and global uncertainties