Page 19 - Fmcg

Tata group in talks with Bisleri to acquire a stake in company: Report

Tata Group is understood to have initiated talks with Bisleri International to acquire a stake in the packaged water company, according to sources. It is in a very preliminary stage and would be premature to say a deal would fructify, a person in the know of the development said. The Tata Group houses its consumer business under Tata Consumer Products Ltd (TCPL) which also sells packaged mineral water under the brand Himalayan and with brands as Tata Copper Plus Water and Tata Gluco+ in the hydration segment. The talks are understood to have been initiated by the Tata group FMCG arm TCPL. However, when contacted both the companies denied commenting over the development. "Tata Consumer Products does not comment on market speculation," said a Tata Consumer Products spokesperson in an e-mailed reply. A Bisleri International spokesperson also said it "does not comment on market speculation". According to industry observers, if the deal is finalised, it would provide the Tata group F

Over 2 years after Covid outbreak, consumer firms see strong festival sales

The sentiment is robust even in the consumer durables segment

Reliance Retail buys into 'desi' power by acquiring local consumer brands

By acquiring a string of local consumer brands, the conglomerate is looking to build volumes and scale in its private label retail business

Sharp dip in input cost to aid Pidilite Industries' margin recovery

While prospects remains healthy, upsides are limited post recent run up

RRVL goes on a shopping spree; aims to strengthen its FMCG play

The company is also in initial stage talks with SG Corporates for Bindu Beverages as it looks to strengthen its FMCG play

Normal monsoon drives August FMCG sales up nearly 7% in rural areas: Bizom

In comparison, urban sales were up 5.5% month-on-month

Top Headlines: Tax collections may exceed target, forecast cuts, & more

Business Standard brings you the top headlines at this hour

Day after Q1 GDP data, a spate of forecast cuts by banks, institutions

Moody's cut its forecast to 7.7%, from 8.8%, citing dampening economic momentum in the coming quarters on rising interest rates, uneven monsoon, and slowing global growth

After Patanjali, Reliance Retail could be the next big disruptor in FMCG

Other FMCG companies will have to increase their advertising spends in segments Reliance makes a meaningful acquisition in order to stay competitive.

RIL stock gains ground post the 45th Annual General Meeting; up over 1%

In past three months, RIL was down 2.4 per cent as compared to 4.5 per cent rally in the S&P BSE Sensex.

Reliance aims to double its value in 5 years as it gets future-ready

5G, new energy, O2C, retail, FMCG among growth engines for company, says Ambani

Reliance Retail will launch FMCG business this year: Isha Ambani at RIL AGM

Business Standard accessed a presentation, which includes the brands it has taken to general trade

Top headlines: Jio to invest Rs 2 trn in 5G; Reliance to launch FMCG biz

The objective of this business will be to develop and deliver products and solve every Indian's daily needs, with high quality products at affordable pricing

Invest in MNC funds for exposure to high-quality businesses: Experts

Since valuations are higher in this space, a 7-yr horizon with 10% capital outlay can be looked at

Reliance Retail enters general trade with its own FMCG grocery brands

In the non-foods space, it has entered the personal care and home care business

TMS Ep243: Ethical code for pharmas, EPFO, FMCG margins, moonlighting

Freebies to doctors: Why has the ethical code not been enforced? How has EPFO's equity investment experience been? Are FMCG companies eyeing better margins ahead? What is moonlighting? Answers here

Are FMCG companies eyeing better margins ahead?

The consumer basket in India has been adversely affected due to the high food inflation and weak macro environment. However, easing commodity prices is expected to ease margin woes of FMCG companies

Inflationary impact on FMCG price and margin to continue in Q2: Industry

FMCG companies also expect volume decline to continue in the rural side but see some stabilisation in the business and recovery in demand, starting from the third quarter of FY23

Auto, FMCG lead market charge as Nifty closes at a four-month high

The market has been on a roller-coaster ride since April 11 - first dropping as much as 10 per cent to 15,924 on June 17 and then climbing 11 per cent

Muted volumes remain a concern for FMCG companies amid rising inflation

HUL reported volume growth of 6 per cent YoY in the June quarter