Page 7 - Sharleen Dsouza

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

Indian consumer seeking attractive pricing: Trent Chairman Noel Tata

While addressing shareholders, he said, "We are growing the desirability of our offerings and building the density of our presence across key micro-markets to serve our customers better.''

Alcohol firms seek clarity as Maharashtra hikes excise duty on spirits

Maharashtra's new excise policy raises spirits prices and introduces grain-based liquor; industry groups await clarity while brewers welcome beer tax exemption

Packaged foods firm Orkla India files DRHP for IPO, sees market growing

Company that owns MTR and Eastern Spices brands will offload 22 mn shares

CCI to decide on probe into Asian Paints for 'abuse' of dominant position

The allegations against Asian Paints include restricting dealers from doing business with Grasim's Birla Opus

Maharashtra FDA orders closure of Blinkit dark store amid licence issues

Blinkit's Balewadi dark store ordered closed by Maharashtra FDA for lack of food licence and unhygienic conditions amid rising scrutiny of quick commerce platforms

Indo-Pak conflict: FMCG sales soar, auto sector hit in border areas in May

Border tensions in May triggered panic FMCG buying and a dip in vehicle, fuel and cinema sales in Rajasthan, Punjab, Gujarat and J&K, with uneven recovery across sectors

From showrooms to shelves, India likely to witness consumption uptick

Godrej Consumer Products also expects demand to rise for categories like personal care and home care

Decathlon India to hit 170 stores by 2027, rolls out circular model

Decathlon plans to grow to 170 stores by 2027 and has launched a circular business model with repair, resale and buyback services across most of its Indian outlets