From peak of Rs 56,000 in August, gold plunges to near Rs 43,000
Mobile firms urge govt to create policies to compete with countries not companies- PM for innovation, technology, less compliances for India's bigger role in manufacturing value chain
- Xiaomi to bring smart TVs in India under Redmi brand
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- Titan’s youth brand Fastrack ties up with Yono-SBI bank to launch a smart fitness band
- Wipro Consumer Care & Lighting India biz grows 14 per cent in Apr-Dec
- Pandemic has slowed co's acquisition activity in the last 6-8 months: Wipro Consumer Care
- Gujarat based tea company Wagh Bakri looks to achieve 15% revenue growth in 2021-22
- India wearables market grows 144% to 36.4 million units in 2020; 3rd largest globally: IDC
- Xiaomi to start focusing on fintech business growth this year: Manu Jain
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Mondelez Intl maker of Oreo cookies moves Delhi HC against Parle alleging trademark infringement- Oppo FY20 net loss widened over 2 times to Rs 2,203 crore, largest since it entered India
- US sportswear giant Under Armour to appoint local distributor for India operations
- Packaged food companies request FSSAI to keep some products out of front-of-pack labelling regulations
- India's electronics exports cross pre-Covid levels, touch record high of Rs 8806 Cr in December
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Durables
PLI scheme for air-conditioners, LED lighting to focus on component production, exports- Bosch investing Rs 800 crore to upgrade Bengaluru facility to fully AIoT-enabled campus
- BSH to invest around Rs 600 crore to roll out India specific products
- Home appliances clock decade best sales in India in July-Dec 2020: GfK India
- Symphony expects air cooler sales to recover this summer
Electronics
Mobile firms urge govt to create policies to compete with countries not companies- PM for innovation, technology, less compliances for India's bigger role in manufacturing value chain
- Xiaomi to bring smart TVs in India under Redmi brand
- Titan’s youth brand Fastrack ties up with Yono-SBI bank to launch a smart fitness band
- Wipro Consumer Care & Lighting India biz grows 14 per cent in Apr-Dec
Fashion / Cosmetics / Jewellery
- From peak of Rs 56,000 in August, gold plunges to near Rs 43,000
- Leading retailers step up gold jewellery hallmarking ahead of deadline
- Levi's® announces Deepika Padukone as global brand ambassador
- Actress Disha Patani roped in as the brand ambassador for diamond jewellery player Orra
- GJEPC working with govt on e-commerce policy for gems, jewellery exporters
FMCG
Pandemic has slowed co's acquisition activity in the last 6-8 months: Wipro Consumer Care- FMCG companies add distributors for better rural reach
- Nestle eyes rural markets, to reach 1.2 lakh villages in next 2-3 years with relevant portfolio
- Consumption of packaged consumer goods set to double in India: Nestle India chairman
- Sustainability, digital will have profound impact on FMCG industry: Sanjiv Puri, ITC
Food
Gujarat based tea company Wagh Bakri looks to achieve 15% revenue growth in 2021-22- Mondelez Intl maker of Oreo cookies moves Delhi HC against Parle alleging trademark infringement
- Packaged food companies request FSSAI to keep some products out of front-of-pack labelling regulations
- Oreo-maker takes Parle to court for ‘copying’ cookie design
- Mexico's Grupo Bimbo buys iconic bread brand Modern Foods
Garments / Textiles
US sportswear giant Under Armour to appoint local distributor for India operations- BTPL increases production at Tarapur plant from 100,000 meters to 150,000 meters per day
- ABFRL picks up 33.5% stake in Tarun Tahiliani brand to strengthen position in ethnic wear segment
- India looks to become self-reliant in silk sector in next two years: Irani
- Huge export opportunities for apparel players in Colombia: AEPC
Liquor
Delhi government warns clubs, hotels of strict action for using liquor bottles without 2D bar-code- Budweiser is now the largest brand in our Indian portfolio: Anheuser-Busch InBev Asia Unit
- Molson Coors sells India business to Inbrew Holdings
- USL to initiate strategic review of mass-priced brands; could invest divest or franchise few brands
- Carlsberg’s probes reveal details of ‘potential’ unethical practices at India arm
Paints
Dhunseri, Berger may invest Rs 500 crore in Bengal's Panagarh industrial park- We want to scratch beyond the surface in the consumer home space: Asian Paints' Amit Syngle
- Techno Paints to set up new facility in Hyderabad
- Aditya Birla Group’s Grasim to enter paints business with Rs 5,000 crore investment
- KVIC to launch eco-friendly, non-toxic wall paint on Tuesday
Tobacco
View: There is a need for high taxes uniformly across all tobacco products- FRAI urges PM Modi to order recall of proposed changes in law on cigarettes, other tobacco products
- Tobacco industry voices concern over govt's draft cigarette and other tobacco products bill
- Tax on cigarette: India doesn’t tax them enough, below best international practices, says report
- Ensure implementation of new set of health warnings on tobacco products: Centre to states
