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FMCG companies indicate mid single-digit revenue growth in second quarter

FMCG majors expect moderate Q2 growth as GST rate cuts and inventory liquidation affect sales; Marico bucks trend with strong pricing-led performance

Titan expects good Q3 show in jewellery business despite high base

Ajoy Chawla said that he hopes buyer growth will be better this festive season, coupled with the wedding season that follows

Marico's India business to see high single-digit volume growth in Q2

It also said that consolidated revenue growth on a year-on-year basis will touch the thirties on the back of pricing interventions and mix improvement, which will help Marico close the first half

LG India seeks ₹77,400 cr valuation with ₹11,607 cr IPO opening Oct 7

LG Electronics India has fixed a price band of Rs 1,080-1,140 per share for its IPO, aiming for a Rs 77,400 cr valuation through a ₹11,607 cr offer-for-sale

Q2 results preview: Destocking prior to GST 2.0 may impact FMCG sales

FMCG companies face muted sales in July-September as distributors slow purchases ahead of GST-driven MRP cuts, with Hindustan Unilever citing a short-term impact

From FMCG to jewellery, GST rate cuts lift festival spending mood

Consumers held back purchases as they waited for new GST rates

Samsung India launches AI Home, sees growing demand for its appliances

The company last year launched Bespoke AI, its range of artificial intelligence appliances

40% GST slab: Cess backlog hits cigarette, aerated drink distributors

Federation writes to FinMin, says 40% GST move straining liquidity

OM System re-enters India, eyes top 5 market spot in next 5 years

OM System, formerly Olympus Cameras, has re-entered India with its cameras and lenses portfolio, targeting leadership in outdoor photography and aiming to rank among top 5 markets

FMCG firms may shift to new GST regime without changing current price tag

The govt could allow discounts to be reflected in the invoice during the transition

Italian brand Police aims to tick past ₹500 cr watch sales by 2030

De Rigo Group brand sees 50% annual growth; eyes expansion in eyewear, fragrances, and leather goods

Unilever appoints Srinivas Phatak as chief financial officer, board member

Unilever has confirmed Srinivas Phatak as CFO and member of its board and leadership executive after a six-month acting tenure, citing his industry expertise and strong performance

FMCG retailers bag big discounts ahead of GST rate shift on September 22

FMCG majors offer 4-20% discount on a range of products, these discounts are valid until September 21

At least 10 private equity suitors circle Balaji Wafers for 10% stake

Balaji Wafers in talks with global PE giants, eyeing up to 10% stake sale at ₹40,000 crore valuation; ITC lone FMCG suitor, IPO planned in 5-6 years

Over 80% Indian consumers list food safety as top driver in choices

A PwC India survey found over 80% of Indian consumers prioritise food safety, demanding clean labels, certifications, and sustainable choices while balancing cost concerns

Sunil Mittal's family office walks away from Haier India stake-buy talks

Sunil Mittal's family office pulled out of Haier India stake talks as valuation gap widened; Haier may consider IPO as Chinese firms trim India presence

Jamshyd Godrej calls for deregulation, big reforms to boost investment

Jamshyd Godrej said India needs significant deregulation and more big reforms to drive capital expenditure, boost competitiveness and double its share in global trade

Govt clears MRP fixes for unsold FMCG inventory after GST rate change

Allows price revisions until December 31

Godrej Interio to open large-format stores, targets ₹10k cr revenue by FY29

Interio by Godrej will open flagship large-format stores in metros and expand mid-sized outlets in smaller cities as part of its push to reach Rs 10,000 crore revenue by FY29

FMCG firms may be allowed to use stickers to offer lower GST rates

FMCG companies executives who spoke on the condition of anonymity said that they are waiting for the roadmap from the government on the transition