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Wipro Consumer Care Forays Into Packaged Food Business

Wipro Consumer Care Forays Into Packaged Food Business

The company aspires to be a "significant player" in the snack food, spices and ready-to-eat market," said a statement issued by the Fast Moving Consumer Goods (FMCG) company which is part of Rishad Premji-led Wipro Enterprises

14 July 2022
GCPL Expects Double-Digit Volume Growth; To Focus On Category Development And Innovation

GCPL Expects Double-Digit Volume Growth; To Focus On Category Development And Innovation

The Godrej group's FMCG arm, which has the vision to be the "leading emerging markets-focused multi-local player, presently gets 80 per cent of revenue from...

11 July 2022

Britannia Shareholders Reject Rs 5,000 Crore Investment Proposal

The special resolution for approval to increase limits for making investments, loans, Special guarantees and security were "not Passed with requisite...

Ruchi Soya Industries Ltd Renamed As Patanjali Foods Ltd

Ruchi Soya Industries Ltd Renamed As Patanjali Foods Ltd

Last month, Patanjali Ayurved Ltd sold its food retail business to group firm Ruchi Soya Industries Ltd for Rs 690 crore as part of its strategy to focus on...

28 June 2022

No Of ITC Employees With Over Rs 1 Crore Salary Goes Up To 220, MD Salary Rises 5% In FY22

The total number of ITC employees drawing a salary aggregating Rs 8.5 lakh per month or over a crore rupees per year was 220 against 153 in 2020-21, said the...

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22 June 2022
ITC FMCG Business' Annual Consumer Spend Over Rs 24,000 Crore In FY22

ITC FMCG Business' Annual Consumer Spend Over Rs 24,000 Crore In FY22

The FMCG business of ITC has grown at an "impressive pace" over the past several years and achieved impressive market standing in a relatively short span of...


01 June 2022
FMCG Industry Reports Volume Decline In Jan-Mar As Consumption Slows: Report

FMCG Industry Reports Volume Decline In Jan-Mar As Consumption Slows: Report

Rural India witnessed 5.3 per cent dip in volume in the period. This is the highest consumption slowdown in the last three quarters


31 May 2022
Business Environment To Be Challenging Due To Geopolitical Tensions And Commodity Inflation, Says HUL

Business Environment To Be Challenging Due To Geopolitical Tensions And Commodity Inflation, Says HUL

Addressing shareholders in the company's annual report for 2021-22, HUL chairman Nitin Paranjpe said India remains one of the fastest growing FMCG markets


18 May 2022
ITC Net Profit Surge 11.60% At Rs 4,259 Crore In March Quarter

ITC Net Profit Surge 11.60% At Rs 4,259 Crore In March Quarter

Its revenue from operations was up 15.25 per cent to Rs 17,754.02 crore during the quarter under review, as against Rs 15,404.37 crore in the corresponding...


05 May 2022
Dabur Net Profit Dips 22% To Rs 294 Crore In March Quarter

Dabur Net Profit Dips 22% To Rs 294 Crore In March Quarter

Its revenue from operations rose 7.74 per cent to Rs 2,517.81 crore during the quarter under review, as against Rs 2,336.79 crore in the year-ago period.


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03 May 2022
How Edible Oil Can Prove To Be Strength As Well As Weakness For Adani Wilmar

How Edible Oil Can Prove To Be Strength As Well As Weakness For Adani Wilmar

As Adani Wilmar eyes domination of the domestic edible oils market, focus falls on the implications of geopolitical concerns


03 May 2022
Bullish Acquisition: Adani Wilmar Buys Multiple FMCG Brands At An Unclosed Amount

Bullish Acquisition: Adani Wilmar Buys Multiple FMCG Brands At An Unclosed Amount

The acquisition will fuel the next level of growth for AWL and widen the portfolio to cater to premium customer segments across rice and other value-added food...


01 May 2022
Indonesia's Ban On Palm Oil Exports A Concern But Impact To Be Transitory: FMCG Industry

Indonesia's Ban On Palm Oil Exports A Concern But Impact To Be Transitory: FMCG Industry

Last week Indonesia, the world's largest palm oil producer, banned shipments of crude palm oil (CPO), adding to the previous sanctions on refined oil, to...


28 April 2022
Behind The Scenes Of HUL’s 8.6 % Net Profit Rise In Q4

Behind The Scenes Of HUL’s 8.6 % Net Profit Rise In Q4

The FMCG giant increased prices, decreased advertising spend, firmed up on technology and built a sturdy strategy to beat inflation blues


28 April 2022
Colgate-Palmolive India Board Approves Appointment Of Prabha Narasimhan As MD And CEO

Colgate-Palmolive India Board Approves Appointment Of Prabha Narasimhan As MD And CEO

Besides, the board has approved the appointment of Vikram Singh Mehta as the "Lead Independent Director" with effect from April 28.


27 April 2022
HUL Becomes First Rs 50,000 Crore FMCG Company After Posting 5% Surge In Q4 Profit

HUL Becomes First Rs 50,000 Crore FMCG Company After Posting 5% Surge In Q4 Profit

Its revenue from sales of products during the quarter under review stood at Rs 13,468 crore, up 10.21 per cent, as against Rs 12,220 crore in the corresponding...


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21 April 2022
Nestle Q1 Profit Slips 1.25% To Rs 594.71 Crore; Net Sales Up 9.7%

Nestle Q1 Profit Slips 1.25% To Rs 594.71 Crore; Net Sales Up 9.7%

The company, which follows January-December financial year, had posted a profit of Rs 602.25 crore in the same period a year ago, Nestle said in a BSE...


19 April 2022
L V Vaidyanathan To Be The Next Procter & Gamble India CEO

L V Vaidyanathan To Be The Next Procter & Gamble India CEO

Vaidyanathan will take over from Madhusudan Gopalan, who will be taking up a leadership role within P&G as Senior Vice President – Grooming & Oral Care, P&G...


10 March 2022
Colgate-Palmolive Appoints Prabha Narasimhan As CEO & MD 

Colgate-Palmolive Appoints Prabha Narasimhan As CEO & MD 

The development comes as the company’s existing CEO and MD Ram Raghavan will be taking over as the president of the parent company.


09 March 2022
HUL Appoints Madhusudhan Rao, Deepak Subramanian In Management Committee

HUL Appoints Madhusudhan Rao, Deepak Subramanian In Management Committee

Rao has been appointed as Executive Director, Beauty & Wellbeing and Personal Care, while Subramanian has been named as Executive Director, Home Care.


24 February 2022
Nitin Paranjpe, Sanjiv Mehta’s Appointments Highlight HUL Local Leadership’s Importance For Parent Unilever

Nitin Paranjpe, Sanjiv Mehta’s Appointments Highlight HUL Local Leadership’s Importance For Parent Unilever

The HUL had recently said that India continued to be among the top three priority markets for its parent, Unilever.


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