Tag: FMCG
17 Results
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Reliance Retail begins appointing super-stockists to distribute its private label products in multiple FMCG categories
Reliance Retail (RR) has begun appointing super-stockists to distribute its private label products in multiple FMCG categories, Kotak Securities said in a report.
September 4, 2022 -
RIL announces plan to move into $100bn FMCG market
Margin profiles for FMCG businesses are superior to that of grocery retailers with gross margins of 40-60 per cent and EBITDA margin of 15-25 per cent versus 15 per cent and 9 per cent, respectively, for DMart.
August 31, 2022 -
Khadi beats FMCG Companies in India, post turnover of Rs 1 lakh crore
Khadi and Village Industries Commission (KVIC) for the first time, has posted a turnover of Rs 1.15 lakh crore, which is unprecedented by any FMCG company in the country. This makes KVIC the only company in the country to have recorded a turnover of Rs 1 lakh crore.
April 30, 2022 -
Target to make Patanjali, Ruchi Soya big FMCG company within 5 years: Baba Ramdev
"Both Patanjali and Ruchi Soya will cross Rs 35,000 crore target,'' Baba Ramdev said at a press conference here.
March 24, 2022 -
Food and beverage major Keventer Agro files IPO papers with Sebi
The company, in its draft papers, said that the (OFS) includes "1.53 crore compulsory convertible preference shares, which will be converted up to a maximum of 91.51 lakh shares prior to the filing of the red herring prospectus with the RoC, solely for the purpose of the offer".
August 10, 2021 -
FMCG revenue growth seen doubling to 10-12% this fiscal: Crisil
Interestingly, it cited that operating margin had improved by 100 bps last fiscal despite lower revenue growth, due to reduction in advertising and promotional expenses.
July 27, 2021 -
COVID crisis: HUL to provide 4,000 oxygen concentrators to India
Apart from O2 concentrators, HUL will also be providing ventilators and other medical equipment for hospitals, including in rural areas.
May 11, 2021 -
HUL reports 13 pc rise in Q4 consolidated net at Rs 2,190 cr
The company's consolidated total income stood at Rs 12,542 crore, as against Rs 12,235 crore in the year-ago period.
April 29, 2021 -
IBM Hybrid Cloud to help Parle Products drive growth
Through streamlining operations and achieving greater scalability to meet changing demands, Parle expects to witness business growth in India and beyond.
April 22, 2021 -
Infinique Mall is bringing brands closer to consumers with unique shopping experience
Established in August 2020, Infinique Mall has been in the making for the past 2 years, as far as its business model, technical expertise or curating the brands is concerned.
January 7, 2021 -
HUL Q1 net profit rises 5.7 pc to Rs 1,897 crore; sales up 3.65 pc
The company had posted a net profit of Rs 1,795 crore in April-June quarter of the previous fiscal.
July 22, 2020 -
Sensex maintains its winning streak to 3rd day, Nifty at 9,550-mark; FMCG, pharma rally
ONGC was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Bajaj Auto, ITC, Sun Pharma, Nestle India, L&T, Maruti, UltraTech Cement and HUL.
May 29, 2020 -
ITC to acquire spice major Sunrise Foods Pvt Ltd
While the company did not disclose the value of the deal, sources said it is valued around Rs 1,800 crore to Rs 2,000 crore.
May 25, 2020 -
Tata Global Beverages renamed to spearhead FMCG ambitions
Following this arrangement, the TGBL has been renamed as Tata Consumer Products Ltd (TCPL), a company statement said.
February 11, 2020 -
Mid-level and entry-level hiring will surge in India: Survey report
Professionals with 3-6 years of experience, who are looking for better opportunities in terms of skill utilisation and remuneration can find this news appealing. 54 per cent recruiters surveyed mentioned that they are looking to hire mid-level professionals.
September 11, 2019 -
Sensex rebounds, ends 537 pts higher
The BSE Sensex jumped 537.29 points or 1.44 per cent to 37,930.77. The Nifty rose by 150.05 points or 1.33 per cent to 11,407.15.
May 17, 2019 -
Designing: A game changer in commercialism
Designing is a combination of aesthetic, functionality and usability of products, thus adding value to brands.
December 4, 2018