Marico MD Saugata Gupta expects tax relief for the middle-class to boost consumption in India's Union Budget 2024-25. He also highlights the need for rural development and infrastructure investments.

FMCG companies anticipate single-digit revenue growth and margin expansion in Q1 FY24, driven by rural demand revival and stable urban markets. Read more.

Marico's domestic business saw modest volume growth in Q1, with key brands like Parachute showing signs of recovery. Gross margins are expected to expand year-on-year.

Del Monte Foods has appointed Abhinav Kapoor as its CEO, effective immediately. Kapoor brings over 20 years of experience in the FMCG sector, having held leadership roles at VIP Industries,...

Leading FMCG companies anticipate volume-led growth in FY25, driven by lower inflation, a normal monsoon, and a good rabi crop. Read more about the expectations of Britannia, Dabur, HUL, and others.

Sanstar Ltd's IPO received 13.47 times subscription on the second day, with strong demand from non-institutional investors and RIIs. The IPO aims to raise Rs 510 crore for expansion and debt...

JNPA receives approval to build India's first agricultural commodity-based processing facility, aimed at mitigating wastage and extending shelf life. The Rs 285 crore project will be built on a...

Sebi has not received any specific information on unfair trading during the stock market crash on June 4, 2024, following the Lok Sabha poll results, according to a parliamentary statement. The...

Domestic airlines in India cancelled 7,030 flights this year till May-end, according to the civil aviation ministry. Find out the reasons behind the cancellations and the latest updates on Digi Yatra.

HDFC Bank shares climbed over 2% on Monday, boosted by a 33.17% rise in consolidated net profit for the June 2024 quarter. The bank's market capitalization jumped by Rs 25,639 crore.

Sanstar Ltd's IPO received 13.47 times subscription on the second day, with strong demand from non-institutional investors and RIIs. The IPO aims to raise Rs 510 crore for expansion and debt...

JNPA receives approval to build India's first agricultural commodity-based processing facility, aimed at mitigating wastage and extending shelf life. The Rs 285 crore project will be built on a...

Sebi has not received any specific information on unfair trading during the stock market crash on June 4, 2024, following the Lok Sabha poll results, according to a parliamentary statement. The...

Karnataka's IT industry is pushing for longer working hours, prompting a bill that would allow 14-hour workdays. The government is evaluating the proposal amid concerns from employees about its...

Domestic airlines in India cancelled 7,030 flights this year till May-end, according to the civil aviation ministry. Find out the reasons behind the cancellations and the latest updates on Digi Yatra.