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CANDY MARKET GROWTH
In 1985, the first invasive lionfish was spotted off Florida after aquarium releases; within decades, it had spread across much of the Caribbean and US Atlantic coast, devastating reef fish that had no natural defense against itA single lionfish spotted in Florida in 1985 has spiraled into one of the most alarming marine invasions. These venomous, fast-reproducing ...
Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...
Berkshire Hathaway cash hits $380 billion as Warren Buffett exits, greg abel faces big decisions on dividends and growthBerkshire Hathaway now has very high cash and a new CEO after Warren Buffett. The company is not investing much and is selling stocks. Expe...
The Buffett framework of investing: Why some stocks deserve a PE of 25, and others deserve a PE of 10In his letter to shareholders, Warren Buffett revealed a valuation framework that explained why stocks can lose half their value without an...
When chocolate turns costly, India picks candy: Local players dent giants like Mars, Mondelez & Hershey amid cocoa price surgeMajor global candy makers saw their slowest India sales in years during FY25. Record cocoa prices forced price increases, pushing shoppers ...
Pulse candy on track to become Rs 1,000-crore brand in 2 years, says DS Group VCHomegrown FMCG firm Dharampal Satyapal Group anticipates its Pulse candy to achieve Rs 1,000 crore in revenue within two years, exceeding R...
DS Group's Pulse Candy recognized by IIMA as a case study in marketing excellenceThe IIMA case study provides a comprehensive look at how DS Group identified the need in the market, developed a unique product, and naviga...
Candytoy expects Rs 450 cr turnover by FY26, to divest 10 pc stake at Rs 900-cr valuationCandytoy Corporate, the maker of candy toys for major brands, planned to hit a Rs 450 crore turnover by the next fiscal. To achieve this, t...
RE firm Candi Solar secures USD 38 mn fundingRenewable energy company Candi Solar has secured $38 million in a series C funding round led by Norfund, Kyuden International, and STOA. Th...
Small-size sugar rush carries revenue to record in FY23The sales of candies, toffees, and chewing gum bars in India broke records in the fiscal year 2022, reaching almost 40 billion units and gr...
FinMin extends duty exemption on raw cotton imports till October 31In a notification dated July 4, the ministry extended this till October 31, 2022.
Global candy giants Mondelez, Nestle hike prices, feel the crush of domestic rivalsGlobal firms such as Perfetti Van Melle, Mondelez and Nestle either remained stagnant or lost share last calendar year, hurt by higher pric...
Happydent Maker Perfetti Van Melle sees one of its slowest rates of growth in a decadeThe Italian company, which entered India 23 years ago, posted less than 1% increase in sales to Rs 1,663 crore during the financial year to...
Pulse number 1 in hard-boiled candy marketPulse, which had disrupted the traditional HBC market with its tangy taste and masala centre, was launched by the DS Group (maker of Pass P...
Re 1 candy Pulse hits Rs 300 cr sales in 2 years, MNCs feel the heatThe Re 1 candy clocked Rs 300 crore in sales, beating MNC blue chip brands such as Oreo (Rs 283 cr in sales, launched in 2011) and Mars bar...
DS Group to take on Frooti, Maaza with Pulse MangoAs reported by TOI in April, Pulse candy had reached Rs 100 crore within eight months of its launch, equalling the record of Coke Zero, Coc...
DS Group's Pulse candy hits Rs 100 crore in 8 months, equals Coke Zero's recordDespite constituting a third of the total candy market, the hard-boiled segment is witnessing heightened traction due to entry of new playe...
Dabur launches Hajmola ChuzkaraLeading health care product major, Dabur India Limited today announced launch of Hajmola Chuzkara, a semi-liquid candy in the Indian market.
Slowdown makes candies, toffees sweeter than chocolateThe slowdown in Indian consumers’ discretionary spend is impacting chocolate sales, but it hasn’t changed people’s love for “meetha”.
- No respite seen in cotton price rise
India may continue to witness high cotton prices beyond mid-December, even after the arrival of new crops and irrespective of changes in gl...