Date | Title | Description |
15.11.2024 | As general trade growth slows down, FMCG companies tweak distribution strategies | FMCG companies have been tweaking distribution strategies in the wake of sluggish growth witnessed in the general trade (GT) channel in recent times. Some of the leading consumer product companies have reduced of inventories in the GT chann... |
12.11.2024 | Advent, Jhunjhunwala family-backed companies get SEBI nod for IPO | Credit: ThinkStock
A packaging products maker backed by private equity firm Advent International and a healthcare technology company backed by the family of late stock market investor Rakesh Jhunjhunwala have received regulatory approval to... |
05.11.2024 | FMCG Companies Hint At Price Hike The rising prices of commodity inputs such as Palm oil, Coffee and Cocoa, have pushed FMCG firms to pass increased costs to consumers | As food inflation remains a pressing challenge, fast-moving consumer goods (FMCG) companies resort to price hikes to pass on commodity prices to consumers. These rising prices not only strain budgets, but impacts discretionary spending of m... |
29.10.2024 | Marico’s D2C Portfolio Clocks INR 525 Cr ARR In Q2 FY25 | SUMMARY
The company also projected that its digital-first portfolio will exit the ongoing FY25 fiscal with an ARR of nearly INR 600 Cr
The FMCG giant claimed that Beardo scaled up “ahead of expectations” and is well-poised to deliver a “dou... |
15.10.2024 | The Good Bug Secures USD 3.5 Mn in Series A Extension to Drive Product Expansion This funding round saw participation from Sharrp Ventures, the family office of Harsh Mariwala, chairman of Marico Grou... | Mumbai-based direct-to-consumer (D2C) startup The Good Bug has successfully raised USD 3.5 million (approximately INR 30 crore) in a Series A extension round. This funding round saw participation from Sharrp Ventures, the family office of H... |
10.10.2024 | Reliance Consumer Products targets ₹10,000 Crore revenue in two years | Reliance Consumer Products, the fast-moving consumer goods (FMCG) arm of Reliance Industries, is aiming to achieve a revenue target of ₹9,000 to 10,000 crore within the next two years, according to sources familiar with the company’s strate... |
09.10.2024 | Reliance Retail Enters Quick Commerce Market, Set to Challenge Blinkit, Swiggy Instamart, and BigBasket In an effort to disrupt the rapid commerce industry, Reliance has already started testing pilot ... | Reliance Retail is making a strategic move into India's fast-growing quick commerce market, setting the stage for intensified competition with established players like Zomato-owned Blinkit, Swiggy Instamart, and BigBasket.
The retail brand ... |
02.10.2024 | Marico expects mid-single-digit volume growth in Q2 | Fast-Moving Consumer Goods (FMCG) maker Marico has witnessed stable demand with rural outperforming urban year-on-year during the Q2FY25.
The company’s domestic business posted mid-single-digit volume growth while the international business... |
06.09.2024 | HUL constitutes committee to evaluate ice cream business | Fast-moving Consumer Goods (FMCG) giant Hindustan Unilever Ltd (HUL) has constituted a committee, comprising its independent directors, to evaluate its ice cream business. The committee will evaluate the prospects of HUL’s ice cream busines... |
16.08.2024 | The Electric Revolution: Ola's Bold Leap into E-Bikes and Quick Commerce | Ola Electric is revving up the future. The company has unveiled its latest lineup of electric motorcycles, dubbed ‘The Roadster Series.’ This bold move signals a shift in the Indian two-wheeler market. With three models—Roadster X, Roadster... |
15.08.2024 | Ola Electric rolls out e-bikes, announces quick commerce foray | Ola Electric has launched three electric motorcycles and announced the integration of its battery cells in its vehicles.
The electric motorcycle portfolio, ‘The Roadster Series‘ has three motorcycles – Roadster X, Roadster and Roadster Pro.... |
12.08.2024 | Marico MD buys luxury apartment in Mumbai?s Worli for Rs 364 million
Mumbai Metro Line 11 Geotechnical Survey Progresses
Kolkata Metro Unveils Dalian Rake with Enhanced Features
Chandigarh BJP Pushes ... | Real Estate Marico MD buys luxury apartment in Mumbai?s Worli for Rs 364 million
12 Aug 2024 1 Min Read CW Team
Saugata Gupta, Managing Director and CEO, Marico, has acquired a luxury apartment in Mumbai?s upscale Worli neighborhood for Rs ... |
08.08.2024 | The Bangladesh Crisis: A Double-Edged Sword for India’s Economy | The political turmoil in Bangladesh is sending shockwaves through the Indian economy. Like a stone thrown into a pond, the ripples are felt far and wide. The crisis is not just a local issue; it’s a global concern. Indian companies, especia... |
08.08.2024 | Bangladesh Crisis Presents Indian RMG Sector With $250 Million Monthly Export Opportunity: Report The socio-political uncertainties prevailing in Bangladesh may result in global RMG (readymade garment... | In recent years, countries such as Bangladesh and Vietnam have captured a large part of China's declining share in the global readymade garment (RMG) exports. India fell short to capitalise in this market gap, however, the recent political ... |
07.08.2024 | The Ripple Effect of Bangladesh Crisis on India's Economy The Bangladesh political crisis situation is bilaterally affecting the Indian economy in more ways than one | Several Indian companies are being affected as a collateral damage due to the ongoing Bangladesh political crisis. Many India based companies outsource their operation to Bangladesh for various reasons. However, the ongoing crisis has taken... |
06.08.2024 | Sauce VC's Third Fund: A Recipe for Success | In the bustling world of venture capital, Sauce VC has stirred the pot once again. The firm recently announced the final close of its third fund, amassing a remarkable Rs 365 crore, or about $43.6 million. This achievement is not just a num... |
06.08.2024 | Marico's Growth Surge: A New Dawn for FMCG | Marico Ltd is riding a wave of optimism. The fast-moving consumer goods (FMCG) giant is set to report high-single-digit revenue growth for the current quarter. This growth is fueled by a resurgence in rural markets and a steady demand for i... |
06.08.2024 | Sauce.VC announces Fund III’s final close at Rs 365 Cr | The third fund of consumer-focused early-stage venture capital firm Sauce VC has reached its final close at Rs 365 crore, or roughly $43.6 million.
“The fund was oversubscribed by 3x in four weeks and it was overwhelming and tempting to rai... |
05.08.2024 | Sauce VC logs final close of third fund at Rs 365 crore | ETtechManu Chandra, founder and managing partner; Yash Dholakia, partner at Sauce VC
Consumer-focused venture investor Sauce VC has made the final close of its third fund at Rs 365 crore, against a target corpus of Rs 250 crore, said its fo... |
05.08.2024 | Marico expects high single digit growth in this quarter | Fast-Moving Consumer Goods(FMCG) maker Marico Ltd is expected to report high-single-digit revenue growth aided by rural recovery.
According to analysts, Foods and digital first brands will continue to record growth during the quarter.
“We e... |
04.08.2024 | Q1 Result: Marico's Profit rises 8.7% The company's consolidated net profit rose 8.7 per cent to INR 464 crore ($55.4 million) in the April-June quarter | FMCG major Marico, which owns brands such as Saffola and Parachute reported an increase in first-quarter profit on Monday, on the back of steady demand. The company's consolidated net profit rose 8.7 per cent to INR 464 crore ($55.4 million... |
08.07.2024 | Marico's Priyanjali Mariwala buys Rs 650 million flat in Mumbai?s BKC
Mumbai Metro Line 3 Progresses
PMC Prepares LAP for Metro
Health Plan to Increase Burden | Real Estate Marico's Priyanjali Mariwala buys Rs 650 million flat in Mumbai?s BKC
08 Jul 2024 2 Min Read CW Team
Priyanjali Mariwala, from the promoter family of consumer goods company Marico, has purchased a luxury apartment in Mumbai?s Ba... |
07.07.2024 | FMCG makers expect single-digit revenue growth, margin improvements in April-June quarter | Fast-moving consumer goods companies expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by a revival in rural demand and a stable urban market.
Listed FMCG companies such a... |
07.07.2024 | FMCG companies see better demand trends in June quarter, uptick in rural growth | FMCG industry witnessed some improvement in volume growth and continued gradual recovery in rural demand trends in the June quarter. Companies with summer-centric portfolios are likely to report stronger growth in volume in Q1 FY24 due to i... |
04.07.2024 | Del Monte Foods appoints Abhinav Kapoor as CEO | Del Monte Foods, a joint venture between Bharti Enterprises and Del Monte Pacific Ltd, has appointed Abhinav Kapoor as Chief Executive Officer (CEO) with immediate effect. He will lead the Del Monte Foods Senior Leadership Team across all f... |
17.06.2024 | Disney+ Hotstar Brings In Pause Ads Feature For Its Connected TV Feed | SUMMARY
Disney+ Hotstar claims it is one of the first platforms in India to launch pause ads feature for its Connected TV (CTV) feed
Consumer brand executives from Marico Limited, Mondelez India and ITC Limited have collaborated with the OT... |
17.06.2024 | Disney+ Hotstar launches pause ad feature for Connected TV feed | Disney+ Hotstar has launched an advertising feature for pausing ads exclusively for its Connected TV (CTV) feed, making it the first platform in the country to introduce this cutting-edge format. .
On average, users pause content 4-5 times ... |
16.06.2024 | Shopping bills become hefty as FMCG companies hike prices to prop up margins | Over the past 2-3 months, monthly household shopping bills have risen with price hikes in the range of 2 to 17 per on certain brands and categories of foods and personal care products taken by fast moving consumer goods companies.
Prices ha... |
04.06.2024 | FMCG shares gain in weak market; Dabur, Colgate, Marico, HUL surge up to 5% | - |
31.05.2024 | Personal care products firm Emami stock spurts on growth expectations | - |
23.05.2024 | ITC Q4 results today: Analysts see flattish quarter amid dip in margins | - |
21.05.2024 | Good food journey: How India can build on gains from the year of millets | - |
17.05.2024 | India's consumption story is yet to address the caste discrimination issue | - |
13.05.2024 | Urban demand slows down for FMCG products as rural picks up steam | - |
07.05.2024 | After 5 quarters, rural FMCG consumption outpaces urban: NIQ report | - |
07.05.2024 | Marico eyes double-digit revenue growth in FY25 | Fast-Moving Consumer Goods (FMCG) maker, Marico Ltd., is targeting double-digit revenue growth in FY25.
The company is anticipating growth with an uptick in rural demand and increase in its premium personal care, food and digital-first busi... |
07.05.2024 | FMCG shares in demand; Marico, Godrej, Dabur, HUL rally up to 10% | - |
07.05.2024 | Volume recovery crucial for Marico's growth in FY25, stock gains | - |
07.05.2024 | Nifty FMCG index defies market blues; HUL top gainer, zooms 5% | The Nifty FMCG index jumped 2.5 percent, with Marico leading the gains in the index.
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The leading performers on the frontline Nifty 50 index on May 7 wer... |
07.05.2024 | Marico surges 10%, hits over 7-month high on promising FY25 outlook | - |
07.05.2024 | FMCG companies move fast on volume growth while rural beats urban | - |
06.05.2024 | Marico Q4FY24 results: Net profit up 5% at Rs 318 cr, revenue rises 1.7% | - |
02.05.2024 | Dabur Q4 results: Profit up 16% at Rs 349.5 cr, rural business beats urban | - |
02.05.2024 | Steward Leadership 25 (SL25) 2024 Opens for Application | Singapore
In an era where talk of sustainability often exceeds impactful action, Singapore’s Stewardship Asia Centre (SAC) and its partners have embarked on a mission to spotlight businesses that are leading by example. The third iteration ... |
26.04.2024 | Nestle India and Dr. Reddy's Join Forces for Nutraceutical Brands | In a strategic move, Nestle India and Dr. Reddy's have decided to team up and create a joint venture focused on nutraceutical brands. This collaboration aims to tap into the growing demand for health and wellness products in the Indian mark... |
24.04.2024 | Supreme Court expands scrutiny to FMCG after Patanjali misleading ads case | - |
23.04.2024 | Can't let public be taken for ride, says SC on misleading advertisements | - |
23.04.2024 | Action plans for 20 agri products to boost exports likely in 3-4 months | - |
09.04.2024 | Leadership Shifts in Indian Corporates: Bandhan Bank CEO and Independent Directors Step Down | Bandhan Bank CEO Chandra Shekhar Ghosh is set to step down after a successful tenure, marking a strategic shift in the bank's leadership. Ghosh's journey from a microfinance institution to a universal bank has been filled with challenges an... |
07.04.2024 | JSW Energy Raises Rs 5,000 Crore to Fuel Growth | JSW Energy Limited has secured Rs 5,000 crore by selling shares to investors, including the Abu Dhabi Investment Authority (ADIA), in a move to accelerate its expansion plans. The company successfully completed a Rs 5,000-crore Qualified In... |
07.04.2024 | FMCG players see subdued domestic growth in Q4 | Fast-moving consumer goods (FMCG) players are anticipating subdued growth in the domestic market for the quarter that ended on March 31, 2024.
The sector during the quarter saw price cuts by FMCG companies leading to an uptick in demand in ... |
06.04.2024 | JSW Energy raises Rs 5K cr by selling shares to investors, including ADIA | JSW Energy Limited has raised Rs 5,000 crore by selling shares to institutional investors, including Abu Dhabi Investment Authority (ADIA), to accelerate its growth plans.
In a regulatory filing on Friday, the company informed that it has s... |
05.04.2024 | Marico expects revenue growth in Q4 after three quarters of fall, shares up | Indian consumer goods manufacturer Marico expects revenue growth in the March quarter after logging three straight quarters of fall, as demand for fast-moving consumer goods stayed consistent compared to the previous quarters, it said on Fr... |
05.04.2024 | Vistara apologises to passengers for flight cancellations amid pilot unrest | Vistara airline on Friday apologised to passengers for the flight cancellations and delays that have taken place since Monday amid pilot unrest.
"We acknowledge that the recent experience of our customers fell short of the standards th... |
05.04.2024 | Marico expects revenue growth after three quarters | Aided by price cuts in the domestic market, fast-moving consumer goods (FMCG) maker Marico is expecting the consolidated revenue growth in fourth quarter and the domestic revenue growth outpacing volume growth in the quarters ahead.
Also re... |
04.04.2024 | From RIL to Adani Power, top firms see cessation of independent directors | More than 130 independent directors in nearly 75 companies have stepped down from their posts after the 10-year ‘grandfathering period’ ended on March 31.
Notable firms like Reliance Industries, Adani Power, Larsen & Toubro, Asian Paint... |
19.03.2024 | Nifty FMCG declines 2%, HUL hits 52-week low: What's behind the selling? | Shares of fast moving consumer goods (FMCG) companies were reeling under selling pressure on Tuesday amid concerns of rising input costs hitting margins.
The Nifty FMCG index declined 1.7 per cent to 52,940 level in the intraday trade, drag... |
26.10.2021 | Pacific Assets Trust : Half-year Report | LONDON STOCK EXCHANGE ANNOUNCEMENT
Pacific Assets Trust plc
(the “Company” or the “Trust”)
Unaudited Half Year Results For The Six Months Ended 31 July 2021
This announcement is not the Company’s Half Year Report. It is an abridged version ... |
15.07.2015 | Singapore’s GIC exits Indian FMCG firm Marico | Premium
Singapore’s sovereign wealth fund GIC has exited Indian FMCG company Marico completely and is estimated to have pocketed around Rs 600 crore ($95 million) by selling its remaining 2.47 per cent stake in the maker of Parachute coconu... |
25.01.2015 | GIC makes two exits – Marico, GPT | Premium
Singapore’s sovereign wealth fund, GIC, has made two exits recently – it partially exited India -based FMCG company Marico and completely exited from Australia’s GPT Group – with handsome returns in both cases.
Continue reading this... |
24.12.2014 | Granite Hill & Marico’s Harsh Mariwala lead $4.7M Series B round in The Beer Café | BTB Marketing Pvt Ltd, which operates an alco-beverage cum quick service restaurant (QSR) chain under The Beer Café brand, has raised Rs 30 crore ($4.7 million) from Granite Hill Capital Partner and Marico's promoter Harsh Mariwala in its S... |
- | Funding Galore: Startup Fundings Of The Week [20 March – 25 March] | Flipkart has finally pushed itself back into the game. Reportedly, the homegrown ecommerce poster boy raised $1 Bn at a valuation of $10 Bn from undisclosed investors. By the end of 2017, the Bansal duo is also looking to raise another $1 B... |