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UNILEVER AFRICA EXPANSION
Unilever to take India playbook to Africa, Vietnam, Pakistan and Bangladesh to drive growthUnilever plans to use its India business as a blueprint for growth in Africa, Vietnam, Pakistan and Bangladesh. The company aims to replica...- L'Oreal bets on quick commerce, local products to accelerate India growthL'Oreal is seeing substantial growth in its Indian market, supported by enhanced team capabilities and localization strategies. The company...
- AWL Agri Business flags 20% rise in oil-linked costs amid Middle East conflictAWL Agri Business is experiencing a 20% rise in input costs. This surge is linked to the Middle East conflict impacting fuel, chemicals, an...
- FMCG sector set for steady Q4 on rural demand and volume growthThe FMCG sector anticipates a steady March quarter, buoyed by stable rural demand and urban recovery, despite subdued pricing in some segme...
- FMCG firms seen posting mid-to-double digit Q3 growth as volumes recoverFMCG companies anticipate mid-single to low-double-digit revenue growth in the December quarter, fueled by volume increases, easing GST dis...
- Unilever sees 'massive opportunities' in India, citing GST cut and high GDP growthUnilever CEO Fernando Fernandez sees "massive" opportunities in India, citing high GDP growth and recent GST reductions. He believes the co...
- CEAT, HUL facilities join World Economic Forum's Global Lighthouse NetworkTwo facilities in India, CEAT and Hindustan Unilever Ltd, have joined the World Economic Forum's Global Lighthouse Network for their innova...
- Indian FMCG companies exploring Dubai as base for global expansionDubai government’s chief economist (trade and export development) Ashraf A. Mahate said Indian companies are exploring both manufacturing s...
- India growth a catalyst, local arms trump MNCsGrowth visibility has done enough to burnish the allure of these stocks with investors - both at home and overseas. It is no wonder, theref...
- OLX Autos appoints Siddharth Agrawal as country head of marketingAn alumnus of NMIMS, he comes with a wealth of experience spread across marketing, sales and operations in multiple leadership roles in the...
- FourKites raises $35 million for geographic, product expansionFourKites uses connections to more than four million GPS devices and a proprietary algorithm to provide precise arrival time predictions an...
- FMCG companies clock slowest Q2 sales in a decadeCoca-Cola India, too, reported 4% decline in volumes for the July-September quarter, impacted by slowing discretionary spending.
- Marico names Ashish Joshi as new COO for South-East AsiaAn alumnus of IIM Lucknow, Joshi has been with the oral care major for the last 12 years before which he was with Hindustan Unilever for si...
- Azim Premji's Wipro Consumer Care and Lighting, a dragon in tiger economiesWCCLG generates more than 50% of its revenue from int'l mkts through a string of acquisitions boosting its foot print across SE Asia, Middl...
- Dabur plans Rs 350-crore capex for this fiscalIt will be Dabur’s largest manufacturing investment in a single financial year and marks a significant increase over the last few years.
- Procter & Gamble merges India, the Middle East and Africa into one IMEA region to improve executionP&G has merged India, the Middle East and Africa into one IMEA region as part of a significant reorganisation to remove management layers.
- HUL Q1 Net down 23% at Rs 1,019 croreHUL's net sales during the period under review increased by 6.99 per cent to Rs 6,687.49 crore in the quarter under review.
- P&G plans more measured approach to drive growthP&G appears to be settling for a measured approach to drive growth, a move that may result in it falling further behind rival HUL.
- How Bidco pipped Unilever in east Africa's edible oil marketVimal B Shah's advice to Indian cos trying to get foot in the door in African continent is to forge partnerships with local players.
- Pricing power returning to FMCG: Anand Mour, Indiabulls SecuritiesThe last 2 quarters have seen better volume growth in this industry.
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