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INDIA FMCG GROWTH
Global FMCG giants bet big on India as demand, premiumisation riseGlobal consumer product makers reported strong demand in India during the June quarter. Companies like Mondelez and L'Oreal saw acceleratin...
From L’Oreal to Unilever, global FMCG giants step up India investments to expand retail reachGlobal consumer product makers reported strong demand and market share gains in India. Companies like Mondelez and L'Oreal see India as a k...
Q1 earnings this week: SBI, Trent, Nykaa among 573 companies set to announce June quarter resultsThis week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airtel and Nykaa are among those repor...
India ready for a premium wealth show while US missiles rattle the worldIndia's festive shopping season is set to highlight the country's premiumisation boom despite global uncertainty triggered by the US-Iran w...
ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
ITC Q1 Results: Standalone profit falls 27% YoY to Rs 3,579 crore, but revenue grows 28%ITC's net profit declined twenty-seven percent year-on-year for the first quarter. Revenue from operations, however, saw a significant twen...
On a war footing, India Inc to ramp up festive hiring; temporary recruitment expected to rise 8-25% from last yearCompanies are gearing up for a stronger festive hiring season this year. Temporary recruitment is expected to exceed last year's levels sig...
Cupid increases investment by $5 million in GII’s Healthcare-focused platformCupid Ltd has made an additional $5 million investment in GII’s healthcare-focused investment platform, funded through internal accruals. T...
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue ...
Patanjali insurance? IRDAI approves Patanjali, DS Group's acquisition of Magma General InsurancePatanjali Ayurved and Dharampal Satyapal Group secured IRDAI approval for Magma General Insurance. This acquisition marks Patanjali's signi...
Hershey to focus on top six cities, exit general trade in non metrosHershey India is pivoting away from general trade in non-metro areas, focusing its efforts instead on the premium urban markets of six majo...
Stocks in news: Adani Ports, Adani Enterprises, Vedanta Oil & Gas, Asian Paints, 6 othersIndian stock indices Sensex and Nifty experienced a significant surge on Wednesday. Several companies reported strong financial results for...
Motilal Oswal raises mid and smallcap allocation to 50%, stays neutral on Indian equitiesMotilal Oswal Private Wealth favors Indian mid and small-cap stocks. They are increasing allocations to these segments by ten percentage po...
Dabur Q1 Results: Profit rises 15% to Rs 591 crore; revenue up 11%Dabur India reported a 15% rise in Q1 consolidated net profit to Rs 591 crore, driven by price hikes, cost efficiencies and broad-based FMC...
Swiggy Instamart ropes in ex-Myntra boss Nandita Sinha as q-comm battle heats upMyntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who r...
Tata Consumer shares jump 3% after Q1 results. Here’s why Nomura, Motilal see strong upside potentialTata Consumer Products shares rose 3% after the FMCG major reported a 27.8% YoY jump in Q1 FY27 net profit to Rs 427 crore, while revenue i...
Tata Consumer Q1 Results: Net profit rises 28% YoY to Rs 427 crore, revenue up 12%FMCG major Tata Consumer Products on Friday reported a consolidated net profit of Rs 427 crore for the April-June quarter of FY27, marking ...
ITC eyes Rs 8 lakh crore FMCG opportunity by 2035, bets on AI and acquisitionsITC expects its addressable FMCG market to expand to around ₹8 lakh crore by 2035 and aims to strengthen its position through brand buildin...
Nestle India extends rally on stellar June quarter, higher costs may limit upsideNestle India shares reached a record high after a strong June quarter performance. Revenue growth accelerated significantly year-on-year, r...
Nestlé cooks up 35.6% export growth as Maggi finds new global shelves amid war jittersIn the June quarter, Nestlé India achieved a remarkable export increase of 35.6%. The launch of new Maggi variants in Canada and Europe pla...