Page 4 - Fmcg

IMD's forecast of above normal monsoon brings cheer to FMCG firms

Consumer companies say this is the fourth year that India's monsoon is expected to be good, as 65 per cent of the population lives in rural India and is highly dependent on the kharif crop

Tech Talk: Marico's Chairman on Leveraging Tech & Innovation for Business Growth

In this episode of Tech Talk, we sit down with the visionary Chairman of Marico to explore the role of technology and innovation in driving business growth.

Healthy growth outlook keeps market experts bullish on Marico's stocks

The company aims at double-digit growth, driven by improving growth in core segments, rapid scaling of new-age businesses, and steady gains in international markets

HUL appoints Rajneet Kohli as executive director of foods from April 7

Kohli will take over from Shiva Krishnamurthy, who will move on from his role to pursue an external opportunity, the company said in its release

FMCG: Investors should wait for correct valuations or demand to recover

Ongoing weakness in urban consumption may continue, weighing down value and volume growth of FMCG players in the ongoing January-March quarter (Q4) of FY25 and first half of FY26

IT, FMCG stocks witness most FPI selling in first half of March 2025

Information technology (IT)and fast-moving consumer goods (FMCG) stocks bore the brunt of the FPIs selling in the first two weeks of this month

FMCG sector can hope for revenue revival as urban demand returns: Crisil

The report says the FMCG sector should see revenue rebound by 100 to 200 basis points (bps) to 6-8 per cent in FY26 up from an expected 5-6 per cent in FY25 as volume rises 4-6 per cent

Venturi Partners unveils $225 mn fund for consumer brands in India, SE Asia

The second fund will target high-growth sectors such as retail, education, healthcare, and fast-moving consumer goods (FMCG)

Temasek acquires 10% stake in Haldiram's snacks business for $1 billion

The sale is one of the largest recent transactions in India's FMCG sector and could pave the way for more foreign investment in the industry

Metros ditch stores for qcom; retailers adopting tech to counter decline

Retail stores in India are integrating CRM tools, online ordering platforms, and inventory management software to counter onslaught of ecom and qcom, says a new PwC study

Summer deals: Ice-cream, beverage makers hot on boosting capacity

Lahori Zeera maker introduces 4 new products, more in pipeline

Financial services, FMCG stocks most sold by FPIs in February, shows data

Financial services stocks bore the brunt of the selloff, with net selling amounting to Rs 5,344 crore

Reliance Consumer Products launches Campa in UAE to expand global reach

Campa Cola is being launched in the UAE with Agthia Group, a leading F&B company from the region

Reliance acquires Velvette, the FMCG brand behind the sachet revolution

This acquisition aligns with Reliance's approach of combining tradition with new opportunities to ensure Indian brands grow in the market

Britannia plans to take 'capex break' amid slowdown in urban demand

Senior executives of the company said they would be cautious on capital expenditure because growth in volumes remained on a slow burn, hurt by a slowdown in urban demand

India presents Rs 7,500 cr premiumisation opportunity for Nestle: CMD

Hopes tax benefits in Budget 2025 will spur consumption, sales

Economic Survey 2024-25: It's time to tackle misleading nutrition claims

The Survey touched upon the UPF segment and stated that it has been built on high calories and involves food strategies, with misleading advertisements

Reliance Consumer Products acquires SIL brand to revitalise heritage foods

SIL Foods is expected to benefit from RCPL's infrastructure and pan-India presence

We aim to be a leader in every segment we operate in: ITC Chairman Puri

ITC is sharpening its competitiveness and strengthening innovative capacity under its "Next Strategy" as the multi-conglomerate aims to be a leader in the segments in which it operates, said its Chairman and Managing Director Sanjiv Puri. The cigarettes-to-consumer goods conglomerate has articulated a strategy of the organisation, the 'ITC Next Strategy' aiming to shape a future-ready enterprise and define the next phase of growth and profitability, Puri told PTI. As part of the ITC Next Strategy, it identified levers of competitiveness, which include digitalisation, sustainability, innovation and supply chain efficiency, among others for its future growth. "These have been identified as areas where specific interventions have been made to become competitive and contemporary. The objective is to keep innovating while leveraging enterprise strengths," said Puri. The idea is to be a leader and to be a very large-scale business, in which ITC has made "appreciable progress" in its ongo

Avenue Supermarts appoints Anshul Asawa as CEO designate from March 15

Asawa will succeed Ignatius Navil Noronha, who will complete his current term of five years as the managing director of the company on January 31, 2026