Page 18 - Fmcg

DealShare launches private brands, plans Rs 500 cr investment in 2-3 years

Brands to be manufactured in tie-up with SMEs; 52 products launched under home cleaning, personal hygiene, pantry staples, and male grooming so far, more categories in two years

Marico expands plant-based protein portfolio with Saffola Soya Bhurji

Product launched in Bengal, Delhi and Mumbai across general trade; will be available pan-India in phases, and across modern trade and major e-commerce platforms as well

Tiger Global-backed Wow! Momo elevates CMO Muralikrishnan to co-founder

He officially joined the founders in 2018 and began by leading the store-level growth hacking to brand development and was later named the group's CMO

Busiest week for IPOs this year with four offers set to hit market

The last time four IPOs had hit market was in Dec 2021; latest rush notwithstanding, year 2022 has been lukewarm for IPOs with sustained FPI outflows, spike in volatility, correction in broader mkts

Market value up, but volumes declining in India: Unilever CEO Alan Jope

The consumption weakness is due to the impact of inflation, particularly in rural areas, he said

Dabur India to acquire majority stake in Badshah Masala for Rs 587 crore

Acquisition in line with its strategic intent to expand its food biz to Rs 500 crore in 3 years

Sensex snaps seven-day winning run, falls 288 pts; Nifty50 ends at 17,656

Profit-booking comes to play, investors dump FMCG, pvt banking stocks

ITC stock slips despite good performance in September quarter

All analysts are bullish on the firm with target prices ranging from Rs 375 to Rs 490

Festivities push FMCG sales up 11% in first two weeks of October

Sales were down in September due to weak rural demand

Parle in talks to acquire Polish biscuit brand dr Gerard, says report

dr Gerard was launched in 1993 and has over 200 varieties of biscuits and salty snacks. In 2013, it was acquired by Bridgepoint for an undisclosed sum

Hindustan Unilever cuts prices of soaps, detergents after 2 years of hikes

Growth in volumes in the recent past was affected due to a significant surge in product prices

FMCG companies may see price hike-led revenue growth In July-September

Volumes to remain under pressure due to grammage reductions

Delhi HC directs L'Oreal to pay profiteered amount of Rs 186 crore

The court, which clubbed the petitions, had posted the matter for next hearing on October 19

Inga, TIH Singapore tie up to launch PE fund for mid-sized companies

The fund has set an overall target of raising Rs 500 crore and has received commitment of Rs 25 crore

E-commerce sector expected to create 500,000 jobs by Diwali: Report

The demand for gig workers is, however, not restricted to tier-1 locations. Tier 2 and tier 3 cities have seen an increase of 40 per cent, with a higher demand for delivery workers

Top headlines: RBI unveils digital rupee features, HUL price cuts, and more

Business Standard brings you the top headlines at this hour

Dabur enters peanut butter market with 'Real Health Peanut Butter' range

This peanut butter has No added sugar, salt & oil," said Smerth Khanna

Jubilant Food, Bata: Consumption stocks get leg up amid festive boost

Nine-day Navratri festival saw retailers witness the highest footfalls in two-three years across segments such as automobiles, consumer appliances, and apparels

Nestle plans to invest Rs 5,000 crore in India by 2025: CEO Mark Schneider

Global food & beverage conglomerate Nestle SA plans to invest Rs 5,000 crore in India in the next three-and-a-half years by 2025, its CEO Mark Schneider said on Friday. The move will help the company to accelerate its core business in the country and leverage new opportunities for growth. The investment would be on capex (capital expenditure), setting up new plants, acquisitions and expansion of the product portfolio of the company. Nestle, which currently operates 9 plants across India is also looking at new locations to set up manufacturing capacity. The investment, which would be subject to clearances and approvals, will also help in creating more job opportunities in the domestic market. Sharing the investment plans of the Indian market, which is among Nestle's top ten markets, Schneider in a media round table said the Swiss food & beverage company has an investment plan of Rs 5,000 crore through 2025. "When you look into the investment in this country and the investment ..

Positive triggers factored into Hindustan Unilever's stock price

Falling raw material prices expected to help margins recover in Q3