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PACKAGED FOOD GROWTH
AWL Agri Business experiences 2% profit drop, emphasises growth in packaged food and exportsAWL Agri Business has reported a 2% decline in consolidated net profit for the September quarter. Revenue from operations, however, increas...- India to remain top of the Asian pie for AdventAdvent International has successfully raised $30 billion for its global buyout and mid-market funds. The firm plans to invest significantly...
- Tata Consumer spills the tea on its whole new growth recipeTata Consumer Products reported a better-than-expected second-quarter net profit of ₹469 crore, up from ₹404 crore a year earlier, driven b...
- Snacking brand Troovy raises fresh funding of Rs 100 croreClean-label snacking brand Troovy has raised Rs 100 crore in a funding round led by Fireside Ventures and Sharrp Ventures, more than double...
- Second-largest salt producer state ranks last in usage of iodised salt; children lose up to 15 IQ points due to iodine deficiencyTamil Nadu, India's second-largest salt producer, has the lowest share of households using adequately iodised salt, with just 62% meeting t...
- Tata consumer Q2 net profit up despite higher costs, weak tea demandTata Consumer Products encountered unchanged tea volumes and decreasing revenue in the September quarter as weak demand and surging commodi...
- Lahori Zeera maker to operate on an asset-light model, eyes next growth driverArchian Foods is transitioning to an asset-light business model to drive its future growth. The company plans to collaborate with co-bottli...
- How a couple turned their first-date chilli oil recipe into a side hustle targeting $15,000 monthlyA homemade chilli oil recipe from a first date grew into Fiera Flavors, a food business founded by Mariana Carrizosa and Sebastian Jaramill...
- India's a call-out market, but there's room to grow: NestleNestle SA reports that 37% of urban households in India purchase Maggi noodles monthly. The instant noodles segment is outpacing overall fo...
- India Inc eyes a festive boom, but the bottom line holds a twistFestive shopping is currently gaining momentum with significant sales in both online and offline markets. Companies are experiencing increa...
- FMCG brands turn up the volume on ads as costs and scrutiny riseMultiple packaged goods companies are increasing their advertising expenditures to maintain consumer demand amid rising inflation. Nestle I...
- PepsiCo India expects festive snack sales to match last year as new launches roll outPepsiCo India anticipates steady growth in festive snack sales driven by innovative product launches and a focus on e-commerce. The company...
- SARAS Mela moves beyond Delhi-NCR, brings 1,500 rural women entrepreneurs to VijayawadaThe National SARAS Mela in Vijayawada showcases around 1,500 women entrepreneurs from various states and union territories. Organized under...
- Correcting rupee against fundamentals ultimately futile, says RBI's ex-guv SubbaraoD Subbarao advocates for allowing the rupee to find its level based on economic fundamentals. He criticizes costly short-term measures that...
- FSSAI asks food business operators to ensure temperature-controlled transport for all perishablesIn a recent advisory, the FSSAI outlined essential guidelines for transporting perishable food items that require specific temperature cont...
- FMCG firms grapple with input cost inflation in Q2, brace for margin pressure in H2FMCG companies are experiencing increased margin pressure as input costs continue to rise. Rising inflation is affecting profitability, for...
- FMCG stocks lost their tag of defensive stocks, will they get it back? 7 FMCG stocks with an upside potential of up to 32%Those who have been following the market for long know this: When there is nervousness on the street, money instinctively moves towards a p...
- Nestlé India says rising inflation, particularly food inflation, is a realityNestlé India has reported a strong 20.5% increase in sales for the September quarter. Profit after tax rose significantly due to robust vol...
- From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now ree...
- FMCG revenues to rise in Q2, but costs could dent marginsIndia's FMCG sector is poised for a substantial revenue boost in the upcoming September quarter, with growth projected in double digits. Th...
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