The domestic FMCG industry continued to be "hit hard by inflation levels" leading to successive price hikes as well as impacting volumes during the three months ended June, said the leading FMCG players in their update for the first quarter
Rural India witnessed 5.3 per cent dip in volume in the period. This is the highest consumption slowdown in the last three quarters
As Adani Wilmar eyes domination of the domestic edible oils market, focus falls on the implications of geopolitical concerns
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...
The ongoing war between Russia and Ukraine has also added another blow to FMCG makers as they expect a rise in the prices of wheat, edible oil, and crude.
The development comes as the company’s existing CEO and MD Ram Raghavan will be taking over as the president of the parent company.
Rao has been appointed as Executive Director, Beauty & Wellbeing and Personal Care, while Subramanian has been named as Executive Director, Home Care.
The company is separating the position of the Chairman of the Board and CEO & MD, according to a statement.
Retail inflation in India rose to a seven-month high of 6.01 per cent in January, breaching the upper tolerance level set during former RBI governor Raghuram...
