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FMCG

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.

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.