Search result for 'fmcg'

Western Carriers IPO: Price Band at Rs 163-172/share

September 10, 2024 12:56

Western Carriers, a leading logistics firm, has fixed the price band for its Rs 493-crore IPO at Rs 163-172 per share. The IPO will open for subscription from September 13 to 18.

Sensex Rebounds 376 Points, Nifty Above 24,900: FMCG, Banking Boost

September 9, 2024 15:59

Indian stock markets rebounded on Monday, with Sensex gaining 376 points and Nifty closing above 24,900, driven by gains in FMCG and banking sectors. Read more.

Western Carriers IPO Opens Sep 13: Logistics Firm Aims to Raise Rs 500 Crore

September 9, 2024 15:04

Western Carriers (India) Ltd will launch its IPO on September 13, aiming to raise up to Rs 500 crore. The Kolkata-based logistics company's IPO will conclude on September 18. The proceeds will be...

Gen Z Shaping India's Consumption: App-First Trends & D2C Boom

September 8, 2024 14:18

Gen Z, the app-first generation, is driving major shifts in India's consumption landscape, favoring quick commerce, D2C brands, and short-form content. Learn about the impact on brands and consumers.

HUL Forms Panel to Evaluate Ice Cream Biz Prospects

September 6, 2024 18:35

Hindustan Unilever Ltd forms a panel of independent directors to evaluate its ice cream business prospects following Unilever PLC's global ice cream separation plan.

India: Fastest Growing Paper Market in 2023-24

September 4, 2024 16:33

India's paper market, especially packaging paper and paperboard, is booming, driven by e-commerce, FMCG demand, and the ban on single-use plastic. Learn about the latest trends and growth projections.

Sensex Hits Record High on Rate Cut Hopes, Extends Rally

September 2, 2024 16:33

The Sensex surged for the 10th straight day, fueled by foreign fund inflows and rate cut expectations. The Nifty also hit a record high, extending its winning streak to 13 days.

Tata Consumer Products Completes Subsidiary Merger

September 1, 2024 19:45

Tata Consumer Products has merged its three wholly-owned subsidiaries in India, simplifying its business structure and unlocking efficiencies. The merger includes Tata Consumer Soulfull, NourishCo...

Emami Acquires Remaining Stake in The Man Company

August 31, 2024 11:38

Emami completes acquisition of Helios Lifestyle, owner of 'The Man Company', strengthening its presence in the premium male grooming market. The acquisition marks Emami's full ownership of the...

Emami Bangladesh Operations Stabilize After Political Turmoil

August 28, 2024 19:44

Emami's CFO confirms Bangladesh operations have stabilized with employees returning to work and production resuming. The company expects business to normalize soon with the new government.

HUL Faces Rs 963 Cr Income Tax Demand: Appeal Planned

August 28, 2024 13:39

Hindustan Unilever (HUL) received a Rs 963 crore Income Tax demand for non-deduction of TDS on the acquisition of Horlicks and other brands from GlaxoSmithKline. HUL plans to appeal the order.

Emami Targets Double-Digit Growth in FY25, Explores Acquisitions

August 28, 2024 12:31

Emami aims for double-digit growth in FY25, exploring inorganic opportunities to enter new product categories. The company is optimistic about future growth, driven by a favorable economic...

Nifty Hits Lifetime High, Sensex Ends Flat | Market Update

August 27, 2024 17:19

Indian stock markets ended on a flat note Tuesday despite Nifty hitting a new lifetime high. Profit-taking and geopolitical tensions weighed on gains.

Daalchini Technologies to Double Smart Vending Machines to 4,000 in FY25

August 26, 2024 16:23

Daalchini Technologies, a smart vending machine operator, aims to double its machine count to 4,000 in FY25, driven by growing demand for FMCG brands and fresh food options. The company has...

FMCG Distributors Raise Concerns Over Quick Commerce Growth

August 24, 2024 16:34

FMCG distributors have expressed concerns over the rapid growth of quick commerce platforms like Blinkit, Zepto, and Instamart, claiming it threatens traditional retail and distribution networks....

Godrej & Boyce Targets 50% Revenue Growth in Material Handling

August 22, 2024 21:14

Godrej & Boyce aims for 50% revenue growth in its material handling business over the next 2-3 years. The company is also investing in local manufacturing of lithium-ion batteries for forklifts,...

Sensex Gains 147pts, Nifty Up On Global Trends

August 22, 2024 17:12

The BSE Sensex closed above 81,000, while Nifty ended above 24,800 on strong global cues. Bharti Airtel led gains, while M&M, NTPC were laggards. Markets await Fed Chair's speech at Jackson Hole.

Dabur Invests Rs 400 Crore in TN, Sets Up First South India Plant

August 22, 2024 12:17

Dabur India to establish a Rs 400 crore manufacturing plant in Tamil Nadu's Villupuram district, marking its first foray into South India. The plant will create over 250 jobs and open up...

India FMCG & Tech Durables Sales Surge: Modern Trade Channels Lead

August 21, 2024 17:11

India's modern trade channels are booming, driving double-digit growth in FMCG and tech durables sales, fueled by premiumization and festive demand, according to a NielsenIQ report. Discover the...

Sensex Rises 100 Points: FMCG, Consumer Stocks Fuel Gains

August 21, 2024 16:29

Indian equity markets closed higher on Wednesday, driven by gains in FMCG and consumer stocks. Sensex rose 100 points, while Nifty gained for the fifth straight session. Read more.

IndusInd to Acquire Invesco India Stake: CCI Approval

August 20, 2024 21:21

CCI approves IndusInd International Holdings' acquisition of majority stake in Invesco Asset Management and Invesco Trustee in India. The deal forms a joint venture with IndusInd holding a 60% stake.

Ration Shops Get Nutritional Makeover: Govt Pilots 'Jan Poshan Kendras'

August 20, 2024 14:40

India's government is piloting a project to transform ration shops into 'Jan Poshan Kendras,' offering diverse products and improving nutrition access. The initiative aims to enhance shop viability...

FMCG Volume Growth: Rural Demand & E-commerce Drive

August 18, 2024 14:28

FMCG companies report sustained volume growth fueled by rural demand recovery and e-commerce boom, despite concerns over rising food inflation.

Future Consumer Narrows Q1 Loss to Rs 15.8 Crore

August 14, 2024 20:20

Future Consumer Ltd (FCL) reported a narrowed consolidated loss of Rs 15.79 crore in Q1 FY25, compared to Rs 24.40 crore in the same period last year. Revenue grew 19.86% to Rs 106.39 crore.

India Business News: Rupee Flat, Sensex Tumbles, Vedanta Stake Sale

August 13, 2024 21:00

Get the latest Indian business news, including market updates, company announcements, and economic developments. Find insights on the rupee, Sensex, Vedanta, and more.

Indian FMCG Companies Resume Operations in Bangladesh

August 13, 2024 19:01

Indian FMCG companies, including Marico, Dabur, Emami, and Pidilite, are resuming operations in Bangladesh after recent violence. Businesses are gradually returning to normalcy.

Godrej Industries to Raise Rs 3,000 Cr Through Debt Instruments

August 12, 2024 18:27

Godrej Industries plans to raise up to Rs 3,000 crore through issuance of debt instruments, seeking shareholder approval for the move. The funds will be used for business purposes, investments, and...

Stock Markets Close Lower Amid Adani-Hindenburg-Sebi Row

August 12, 2024 17:09

Indian stock markets closed lower on Monday, impacted by the ongoing Adani-Hindenburg-Sebi controversy. Private banks helped the Sensex recover some losses.

Honasa Targets Rs 1,000 Cr Revenue for The Derma Co

August 11, 2024 11:06

Honasa Consumer expects The Derma Co to reach Rs 1,000 crore annual revenue in 3-5 years, while other brands like Aqualogica and Dr. Sheth's are projected to hit Rs 500 crore. The company...

Honasa Consumer Q1 Profit Surges 63% to Rs 40.25 cr | Mamaearth, The Derma Co

August 9, 2024 19:58

Honasa Consumer, the parent company of Mamaearth and The Derma Co, saw its Q1 profit jump 63% to Rs 40.25 crore, driven by a 19% rise in sales. Learn more about the company's financial performance.

FMCG Growth Slows in June Quarter: Rural Outpaces Urban - NielsenIQ

August 8, 2024 18:04

FMCG volume growth slowed to 3.8% in Q2 2024 due to macroeconomic headwinds, with rural markets outperforming urban. NielsenIQ report highlights key trends in food, non-food categories and modern...

Gautam Adani Retirement: No Date Set, Succession Plan in Motion

August 7, 2024 18:08

Gautam Adani has denied setting a retirement date, contrary to recent reports. He emphasizes a gradual succession plan involving his sons and nephews, ensuring business sustainability.

India Retail Market to Reach $1.4 Trillion by 2027: Reliance Report

August 7, 2024 17:20

India's retail market is projected to reach $1.4 trillion by 2027, driven by urbanization, rising incomes, and a growing young population. Reliance Industries highlights the market's potential and...

Microsoft Tops India's Most Attractive Employer Brands - Survey

August 7, 2024 15:51

Microsoft, TCS, and Amazon lead India's most attractive employer brands according to Randstad Employer Brand Research 2024. The survey highlights key factors influencing employee attraction and...

Marico Shares Plunge 6.50% on Bangladesh Crisis

August 6, 2024 19:44

Marico shares tumbled 6.50% on Tuesday, driven by political unrest in Bangladesh, a key market for the FMCG giant. The company's market valuation declined by Rs 5,657.55 crore.

Stock Market Crash: Rs 22 Lakh Crore Wealth Eroded in 3 Days

August 6, 2024 18:31

Indian stock markets plunged in the last three days, wiping out Rs 22 lakh crore of investor wealth. Sensex tanked 4%, driven by global cues and weak economic data.

Sensex Falls 166 Points, Nifty Below 24,000: Stock Market Update

August 6, 2024 17:05

Indian stock markets ended lower on Tuesday, with the Sensex losing 166 points and Nifty settling below 24,000 due to selling in banking and telecom stocks. Read more.

BSE Sensex Next 30 Index Launched by Asia Index

August 5, 2024 21:30

Asia Index launches BSE Sensex Next 30, tracking performance of top companies from BSE 100 excluding Sensex constituents. The index comprises 30 companies across 9 sectors, offering diversification...

Marico Q1 Profit Up 8.7% to Rs 474 Cr: Volume Gains Drive Growth

August 5, 2024 20:16

Marico Ltd. reports an 8.71% rise in Q1 net profit to Rs 474 crore, driven by volume gains and gross margin expansion. Domestic revenue grew 7.38%, international revenue up 4.76%.

Britannia Sees 4-5% Cost Inflation, May Hike Prices

August 5, 2024 19:45

Britannia Industries anticipates 4-5% cost inflation, prompting a potential price hike. The company will evaluate the impact on various brands and categories. Read more.

Swiggy Instamart Appoints New COO: Sairam Krishnamurthy

August 5, 2024 13:00

Swiggy Instamart appoints Sairam Krishnamurthy as Senior Vice President & COO, bringing over 18 years of experience in FMCG, consumer tech & retail.

Emami's Growth: Acquired Brands & Non-Seasonal Revenue

August 4, 2024 14:54

Emami, a leading FMCG company, sees 45% of its revenue from acquired brands, transitioning from rural focus to a wider market and consumer-centric approach.

FICCI CASCADE Rally on Illicit Trade Impact on Economy

August 3, 2024 16:39

FICCI CASCADE organised an awareness rally on illicit trade and smuggling, highlighting its detrimental impact on India's economy. The rally stressed the need to combat this menace and protect...

Delhivery Q1 FY25 Profit: Rs 54 cr, Revenue at Rs 2,172 cr

August 2, 2024 19:43

Delhivery reported a profit after tax (PAT) of Rs 54 crore for the June quarter FY25, a significant improvement from the Rs 89 crore loss in the same period last year. Revenue grew to Rs 2,172 crore.

Hiring Activity Up 12% in July: Report

August 2, 2024 18:28

India's white-collar hiring activity surged by 12% in July, with most sectors experiencing double-digit growth, according to the Naukri JobSpeak Index. Learn more about the key sectors driving this...

Adani Wilmar Stock Surges 5% After Demerger

August 2, 2024 11:45

Adani Wilmar shares climbed 5% after Adani Enterprises announced the demerger of its food-FMCG division. The move aims to unlock value for shareholders and focus on the edible oil business.

ITC Q1 Profit Flat at Rs 4,917 cr: FMCG, Hotels Drive Growth

August 1, 2024 18:25

ITC's standalone net profit remained flat at Rs 4,917.45 crore in Q1 FY25, driven by growth in FMCG, hotels, and agri-business segments. Read more.

ITC Q1 Profit Flat, Revenue Up 7.5% | Business News

August 1, 2024 18:00

ITC Ltd reported a marginal decline in net profit to Rs 5,176.99 crore in Q1 FY25, while revenue grew 7.45% to Rs 20,029.60 crore. Read more.

Adani Enterprises Demerges Food-FMCG Biz to Adani Wilmar

August 1, 2024 17:45

Adani Enterprises is demerging its food-FMCG division and strategic investments in Adani Commodities to Adani Wilmar to focus on growth and profitability.

Adani Enterprises Q1 Profit Doubles on New Energy Growth

August 1, 2024 17:14

Adani Enterprises' net profit surged 116% in Q1 FY25, driven by strong performance in new energy business, particularly solar and wind. Coal trading saw decline.

Dabur India Profit Rises 8% to Rs 494.35 cr in Q1 FY25

August 1, 2024 15:40

Dabur India reported an 8.27% rise in consolidated net profit to Rs 494.35 crore in Q1 FY25 despite a challenging demand environment. The company's India FMCG business posted a volume growth of...

Emami Q1 FY25 PAT Up 10% to Rs 150.6 Cr

August 1, 2024 14:40

Emami Ltd reported a 10.13% rise in its profit after tax to Rs 150.6 crore for the June 2024 quarter, driven by volume growth and margin expansion.

BSE Market Cap Hits All-Time High at Rs 460 Lakh Crore

July 30, 2024 18:53

Indian stock markets reach new highs, with the BSE market capitalization hitting a record Rs 460 lakh crore driven by strong equity performance. Read more about the key drivers and market trends.

Sensex, Nifty Hit Record Highs on Tata Motors, HDFC Bank Gains

July 30, 2024 17:14

Sensex and Nifty extended their rally for the third consecutive day, driven by gains in Tata Motors and HDFC Bank. The indices closed at record highs, with the BSE Sensex hitting 81,455.40 and the...

Adani Wilmar to Invest Rs 600 Crore in Edible Oil, Solar Expansion

July 30, 2024 16:53

Adani Wilmar plans to invest Rs 600 crore to expand its edible oil business and solar power capacities. The company also plans to launch new food products for consumers and institutional buyers.

Colgate-Palmolive Stock Hits 52-Week High | Q1 Results

July 30, 2024 11:23

Colgate-Palmolive India's stock surged over 6% after a strong Q1 performance, with net profit jumping 33% to Rs 363.98 crore. The company's market valuation also climbed significantly.

Unicommerce Sees 16% Order Growth During Mid-Year Sales

July 30, 2024 00:26

Unicommerce, an IPO-bound SaaS platform, reports a 16% increase in order volume during recent mid-year online sales, driven by strong performance in health, FMCG, and beauty categories.

Unicommerce Sees 16% Order Growth During Mid-Year Sales

July 29, 2024 22:19

Unicommerce, an IPO-bound SaaS platform, reports a 16% increase in order volume during mid-year online sales, driven by strong demand for health & pharma, FMCG, and beauty &...

Colgate-Palmolive India Q1 Profit Surges 33% to Rs 364 Cr

July 29, 2024 19:49

Colgate-Palmolive India reported a strong Q1 FY24, with net profit rising 33% to Rs 364 crore driven by demand pickup and robust product performance.

Adani Wilmar Shares Surge 6% on Q1 Profit

July 29, 2024 17:34

Adani Wilmar shares climbed 6% on Monday after reporting a strong Q1 net profit of Rs 313.20 crore driven by higher revenue from cooking oils and FMCG products.

Sensex, Nifty Flat Ahead of US Fed Rate Decision

July 29, 2024 17:11

Indian stock indices Sensex and Nifty closed flat despite hitting record highs, influenced by profit-taking in FMCG and IT sectors ahead of the US Fed's interest rate decision. The US Fed's...

Sensex, Nifty Hit Record Highs, Close Flat | US Fed Rate Decision

July 29, 2024 16:12

Indian benchmark indices Sensex and Nifty reached new highs but closed flat on Monday due to profit-taking ahead of the US Fed interest rate decision. Key gainers include L&T, Bajaj Finserv, and...

Adani Wilmar Q1 Profit Jumps to Rs 313 cr on Higher Income

July 29, 2024 15:00

Adani Wilmar reported a consolidated net profit of Rs 313.20 crore for the April-June quarter, a significant turnaround from a loss in the same period last year.

Colgate-Palmolive India Faces Rs 248.74 Crore Tax Demand

July 28, 2024 18:51

Colgate-Palmolive (India) Ltd has received a Rs 248.74 crore tax demand notice from the Income Tax Authority for transfer pricing-related issues. The company plans to challenge the order.

Marico Aims for 25% Revenue from Foods & Premium Care by FY27

July 28, 2024 13:53

FMCG major Marico expects foods and premium personal care segments to contribute 25% of domestic revenue by FY27, driven by growth in Saffola and Beardo brands.

BookMyCargo Enters B2C Logistics, Aims Rs 100 Cr Turnover

July 28, 2024 11:10

BookMyCargo, a logistics player, has entered the B2C segment targeting Rs 100 crore turnover by FY30. The company aims to tap the growing demand for same-day deliveries.

Rural FMCG Market to Grow 6.1% in FY25: Report

July 25, 2024 21:24

The rural FMCG market is expected to grow 6.1% in FY25, driven by rising demand and premiumization. Kantar Worldpanel reports on the rural market's growth and key trends.

Nestle India Shares Drop on Disappointing Q1 Earnings

July 25, 2024 17:45

Nestle India's shares fell 2.50% after its June quarter earnings missed market expectations, despite a 6.9% rise in net profit. The company faced a challenging environment with lower consumption...

Regional Print Media Revenue Growth 9% in FY25: Report

July 25, 2024 15:52

Regional print media is expected to see an 8-9% revenue growth in FY25, driven by higher ad revenues, according to a Crisil report. The decline in newsprint prices will further boost operating...

Nestle India Profit Up 7% in Q1 FY24: Revenue, Sales Rise

July 25, 2024 11:52

Nestle India reported a 6.9% increase in net profit for the June quarter, driven by a rise in revenue and domestic sales. Learn more about the company's financial performance.

Budget Fails to Address Key Issues: Supriya Sule

July 24, 2024 18:40

Supriya Sule criticizes the Indian Budget for failing to address agrarian distress and other crucial issues, raising concerns about the economy's future.

HUL Shares Drop 3% After Q1 Earnings

July 24, 2024 10:57

Hindustan Unilever's shares fell over 3% after reporting a modest 2.2% rise in net profit for Q1 FY25, impacted by price reductions. Revenue saw a marginal increase, while volume growth stood at 4%.

Sensex, Nifty Fall on Budget Day Hike in Securities Tax

July 24, 2024 10:09

Indian stock market benchmarks Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall after the government proposed to hike securities transaction tax on futures...

Budget to Boost Rural Consumption & FMCG Growth

July 23, 2024 19:45

India's Union Budget focuses on rural development and agricultural schemes, boosting consumer purchasing power and driving FMCG growth. Experts anticipate increased spending and economic expansion.

Budget to Boost Rural Consumption: FMCG Industry Outlook

July 23, 2024 19:43

Union Budget 2023 focuses on agricultural schemes and rural development, leading FMCG industry leaders to expect a rise in rural consumption and overall economic growth.

FMCG Stocks Surge: ITC Up 5% on Budget

July 23, 2024 17:54

FMCG stocks rallied on Tuesday, led by ITC's 5% surge, following the budget's focus on agriculture, rural development, and employment.

Sensex, Nifty Dip on STT, LTCG Hike: FMCG, Consumer Durables Cap Losses

July 23, 2024 17:15

Indian stock markets edged down on Tuesday as the government proposed hikes in securities transaction tax and long-term capital gains tax. FMCG and consumer durables capped losses.

Sensex, Nifty Down on Budget Day: STT Hike Impacts

July 23, 2024 16:17

Indian stock markets closed lower on Tuesday as the Budget proposed a hike in securities transaction tax on futures and options, impacting sentiment.

HUL Q1 Profit Rises 2.2% to Rs 2,612 Cr - Business News

July 23, 2024 16:11

Hindustan Unilever Ltd (HUL) reported a 2.2% rise in consolidated net profit for the June quarter FY25, reaching Rs 2,612 crore. Revenue from product sales also saw a marginal increase.

Sensex Drops on Muted Earnings, Budget Caution

July 22, 2024 16:47

Indian stock markets closed lower on Monday due to muted earnings and caution ahead of the Union Budget. Reliance Industries and Kotak Bank led the decline.

GCPL Invests Rs 1,000 Cr on Advertising in FY24

July 21, 2024 15:23

Godrej Consumer Products Ltd (GCPL) increased advertising spending by 47% to Rs 1,011 crore in FY24, focusing on brand building and SKU rationalization. The company also reduced its workforce and...

Govt to Boost Chemical Industry Growth: Intervention Planned

July 20, 2024 17:11

India's chemicals & petrochemicals industry is set for growth with government interventions. Union Minister Nadda highlights the need for reducing imports, R&D, and skill development. India Chem...

Indian Chemical Industry: Govt Intervention && Growth Boost

July 20, 2024 17:10

India's chemical industry faces challenges, but the government promises intervention and policy changes to boost growth. India Chem 2024, a key event, will discuss the future of the sector.

Reliance Retail Profit Rises 4.6% to Rs 2,549 Cr in Q1

July 19, 2024 20:37

Reliance Retail's net profit increased by 4.63% to Rs 2,549 crore in the June quarter, driven by strong growth in revenue and expansion of its store network.

Patanjali Foods Net Profit Surges 3-Fold to Rs 262.9cr

July 19, 2024 19:46

Patanjali Foods Ltd reports a significant jump in net profit for Q1 FY24, reaching Rs 262.90 crore, despite a decline in total income. The company's edible oils segment saw sales of Rs 5,330.33 crore.

Union Budget 2024: Focus on Rural Economy, Agri-Infra

July 19, 2024 18:28

Industry expects the upcoming Union Budget to prioritize rural economy, agri-infrastructure development, and healthcare accessibility, with proposals for tax breaks, incentives, and infrastructure...

Sensex Hits 81,000, Nifty at Record 24,800: IT Shares Lead

July 18, 2024 17:02

The Indian stock market continued its record-breaking run, with Sensex crossing 81,000 and Nifty reaching 24,800. IT shares, led by TCS and Infosys, drove the gains.

Sensex Hits 81,000, Nifty at 24,800: IT, FMCG Lead Gains

July 18, 2024 16:04

Indian stock markets surge for the fourth straight day, with Sensex breaking 81,000 and Nifty scaling 24,800, driven by gains in IT, oil & gas and FMCG sectors. Strong IT earnings and softening US...

Sensex, Nifty Hit Record Highs for 3rd Day | Market News

July 16, 2024 17:01

Indian stock markets closed at new highs on Tuesday, driven by gains in FMCG, telecom, and select IT shares. The Sensex closed at 80,716.55 and Nifty at 24,613.

Sensex, Nifty Hit Record Highs for 3rd Day - India Stock Market

July 16, 2024 16:03

Indian benchmark stock indices Sensex and Nifty closed at record highs for the third consecutive day, driven by buying in FMCG, telecom, and select IT shares.

Dabur Expects Consumption Uptick in FY25 | Power Brands to Drive Growth

July 14, 2024 15:14

Dabur India anticipates a rise in consumption in FY25, driven by its strong brands and expansion into rural markets. The FMCG giant is optimistic about growth, despite recent consumption slowdown.

SIAM Seeks EV Support, Scrapping Incentives in Budget

July 12, 2024 16:17

SIAM urges government to offer incentives for electric vehicles (EVs) and vehicle scrapping in the upcoming Budget, aiming for a growth-oriented fiscal plan. The industry body also expects...

Adani Wilmar Acquires 67% Stake in Omkar Chemicals

July 12, 2024 14:43

Adani Wilmar to acquire 67% stake in Omkar Chemicals Industries at an enterprise value of Rs 56 crore. The acquisition will allow Adani Wilmar to expand its presence in the speciality chemicals...

Dabur Expands Network, Adds 2 Lakh Outlets in FY24

July 11, 2024 22:10

Dabur India has added 2 lakh outlets to its sales network in FY24, making it the highest addition by any FMCG company in the country. The company's network now reaches 7.9 million retail outlets...

Godrej Consumer Sees Double-Digit Growth in India

July 9, 2024 22:23

Godrej Consumer Products Ltd. (GCPL) expects double-digit volume growth in the domestic market during the June quarter, driven by strong performance in both Home Care and Personal Care.

BSE Market Cap Hits Record High of Rs 451.27 Lakh Cr

July 9, 2024 17:28

The market capitalisation of BSE-listed firms reached a new lifetime high of Rs 451.27 lakh crore on Tuesday, driven by strong performance of index heavyweights and positive global factors....

Sensex, Nifty Hit All-Time Highs: Auto, FMCG Drive Gains

July 9, 2024 17:10

India's benchmark indices Sensex and Nifty surged to new closing highs, driven by gains in auto and FMCG sectors and positive FII inflows. Maruti Suzuki, Mahindra & Mahindra, Titan, Sun Pharma,...

Sensex, Nifty Hit All-Time Highs: Maruti Leads Gains

July 9, 2024 15:52

Indian stock markets surged, with Sensex and Nifty reaching new record closing highs driven by auto and FMCG sectors. Maruti Suzuki led the rally, while FIIs bought equities.

Nestle India Shareholders Approve Royalty Rate

July 8, 2024 22:19

Nestle India shareholders have approved to continue paying royalty to its parent firm at the current rate of 4.5% of net sales. The company had previously proposed an increase in royalty but it was...

Tata Consumer Products Accelerates Core Business Growth

July 8, 2024 14:34

Tata Consumer Products (TCPL) focuses on accelerating growth of core businesses like tea, coffee, and salt, while expanding into new categories and markets.

FMCG Revenue Growth & Margin Improvement in Q1 FY24

July 7, 2024 11:20

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

Future Consumer Defaults on Rs 449 Crore Payments

July 6, 2024 19:06

Future Consumer, FMCG arm of debt-ridden Future Group, has defaulted on payments of Rs 449.04 crore to banks and bondholders until June-end. The company is working on asset monetization and debt...

FMCG Sector Revenue Growth Forecast: 7-9% in 2024-25 | CRISIL Ratings

July 6, 2024 13:06

CRISIL Ratings forecasts 7-9% revenue growth for the FMCG sector in FY24-25, driven by rural revival and steady urban demand. Read more about the expected growth across product segments.

Adani Wilmar Reports 13% Volume Growth in June Quarter

July 5, 2024 19:30

Adani Wilmar, edible oil major, reports 13% volume growth in June quarter driven by market-specific strategies and strong performance across segments.

Dabur Sees Improved Demand, Rural Growth in Q1 FY25

July 5, 2024 19:21

Dabur reports improved demand and rural growth in Q1 FY25, driven by strong performance in FMCG and healthcare segments. The company expects continued growth in the coming months.

India Must Lead AI Revolution: G20 Sherpa Amitabh Kant

July 4, 2024 19:19

India's G20 Sherpa Amitabh Kant calls for India to lead the AI revolution, emphasizing AI's potential to transform industries and propel India to the global stage. He highlights the importance of...

FMCG Sector Growth: 7-9% Revenue Rise in FY25 | Crisil

July 4, 2024 19:04

Crisil forecasts FMCG sector revenue to grow 7-9% in FY25, driven by rural market recovery and premiumization. F&B, personal care, and home care segments expected to see strong growth.

BSE Market Cap Hits Record High: Sensex Breaches 80,000

July 3, 2024 17:38

The market capitalisation of BSE-listed firms reached an all-time high of Rs 445.43 lakh crore, driven by a strong rally in equities, with the Sensex crossing the historic 80,000 mark.

Sensex Hits 80,000, Nifty at Record High

July 3, 2024 17:16

The BSE Sensex breached the 80,000 mark for the first time on Wednesday, driven by gains in banking and FMCG shares. Nifty also reached a new all-time high.

Sensex Hits Record 80,000, Nifty at All-Time High

July 3, 2024 15:59

The BSE Sensex breached the historic 80,000 mark intraday for the first time, while Nifty surged to a new record high driven by gains in banking and FMCG shares.

Bihar: Growth Engine of East, Attracting Investment - Nitish Mishra

July 2, 2024 13:48

Bihar aims to become the growth engine of the East, with new policies to attract capital and investments in various sectors. The state is hosting roadshows and promoting its 2024 investment summit.

Zipaworld Expands Warehouse Near Delhi Airport

July 1, 2024 21:02

Zipaworld opens a new warehouse facility near Delhi airport, expanding its logistics capabilities and offering increased storage capacity, faster shipment processing, and reduced costs.

Patanjali Foods Buys Home & Personal Care Biz for Rs 1,100 Cr

July 1, 2024 17:48

Patanjali Foods to acquire Patanjali Ayurved's home and personal care business for Rs 1,100 crore, expanding its FMCG portfolio and consolidating the 'Patanjali' brand.

ITC FMCG Spending Rises 12% to Rs 32,500 Crore in FY24

June 28, 2024 20:06

ITC's FMCG business sees 12% growth in consumer spending, reaching Rs 32,500 crore in FY24, driven by strong brands and expanded reach.

Hindustan Foods Stake Sold for Rs 638 Crore

June 26, 2024 21:55

Five entities sold an 11% stake in Hindustan Foods for Rs 638 crore through open market transactions. Jwalamukhi Investment Holdings, Infinity Consumer Holdings, WestBridge AIF I, Sixth Sense...

FMCG Growth Tempered: Value-Seeking Customers Drive Shift - Report

June 25, 2024 20:17

Deloitte's 'Future of Retail' report highlights a shift in consumer spending with value-seeking customers driving growth in certain FMCG sectors. Discover key insights and strategies for retailers.

FMCG Sector Forecast: 7-9% Growth in 2024 | Report

June 25, 2024 16:15

India's FMCG sector is projected to grow 7-9% in 2024, driven by government initiatives and digital transformation, according to a report. The sector faces challenges, but its resilience and...

MapmyIndia Founders Launch ClarityX: Data Analytics & Consulting Firm

June 24, 2024 16:28

MapmyIndia founders launch ClarityX, an AI-driven data analytics and consulting firm, offering tailored insights to enterprises across industries. Learn more about ClarityX and its services.

Britannia Taratala Factory Workers Accept VRS

June 24, 2024 12:40

All permanent workers at Britannia's Taratala factory in Kolkata have accepted the voluntary retirement scheme (VRS), with no material impact on the company's operations.

FPIs Pump Rs 12,170 Cr in Indian Equities in June

June 23, 2024 10:55

Foreign investors poured Rs 12,170 crore into Indian equities in June, driven by policy reform expectations and economic growth, marking a strong comeback after election results.

India Needs Human Capital for Growth: HUL Chairman

June 21, 2024 20:09

HUL Chairman Nitin Paranjpe emphasizes building human capital to realize India's economic potential. He highlights the need for job creation and skill development to leverage the country's young...

Sensex Falls 269 Points, Halts Record Rally - Market News

June 21, 2024 15:59

Indian equity benchmarks Sensex and Nifty closed lower, snapping a six-day rally, as investors pared exposure to oil & gas, capital goods and FMCG stocks. Read more.

GRM Overseas Raises Rs 136.5 Cr Through Share Warrants

June 21, 2024 15:33

GRM Overseas, a leading Indian basmati rice exporter, will raise Rs 136.5 crore through the issue of share warrants to 33 promoters and non-promoter investors. The funds will be used for expanding...

Indian Household Soft Drink Consumption Surges to 50% - Report

June 21, 2024 11:38

A new report reveals Indian households are increasingly consuming bottled soft drinks, exceeding 50% penetration in FY24. The trend is expected to rise further with intensifying summer.

Rural FMCG Sales Outpace Urban in Q2 2024: Kantar

June 21, 2024 11:17

Rural India continues to drive FMCG growth, outperforming urban areas in Q2 2024, according to a Kantar report. The rural market is expected to maintain its growth momentum due to government...

Coca-Cola Introduces Recycled PET Bottles in India

June 19, 2024 22:13

Coca-Cola India launches recycled PET bottles in its affordable segment, reducing carbon footprint by 66%. PepsiCo India also launches RevolutioNari initiative to empower women.

Job Seekers in India Prioritize Flexibility, Salary: Report

June 19, 2024 16:55

A new report reveals that Indian workers prioritize salary and flexibility in their job searches. Employers must offer competitive salaries, flexibility, and address DE&I to attract top talent.

Palm oil body urges HUL to reconsider plans to cut palm oil content in soaps

June 18, 2024 16:14

The Asian Palm Oil Alliance (APOA) has urged Hindustan Unilever (HUL) to reconsider plans to reduce palm oil content in its soaps, warning of negative impacts on palm oil farmers.

eBikeGo plans to expand e-two-wheeler fleet to 1 lakh units by FY26

June 18, 2024 12:13

eBikeGo, an electric vehicle rental operator, aims to increase its fleet of e-two-wheelers to 1 lakh by FY26, targeting last-mile delivery and e-commerce growth. The company has already established...

Indian Inc Faces Revenue Uncertainty in Q1: Icra

June 17, 2024 20:08

Icra forecasts revenue uncertainties for Indian companies in Q1FY25 due to slow government spending and monsoon onset. Read more about the impact on corporate earnings.

Consumer Market Frauds Remain High: KPMG Survey

June 13, 2024 17:27

KPMG survey finds consumer market frauds persist despite regulations, with procurement, sales & e-commerce identified as high-risk areas. 79% of respondents see no reduction in fraud.

TCPL Aims for Full-Fledged FMCG, Doubles Capex to Rs 785 Cr

June 13, 2024 16:13

Tata Consumer Products (TCPL) plans to become a full-fledged FMCG company, entering new categories and doubling capex to Rs 785 crore in FY25, driven by a new plant in Vietnam. Chairman N...

India's Consumer Market: Long-Term Opportunity - N Chandrasekaran

June 13, 2024 12:00

Tata Consumer Products Chairman N Chandrasekaran highlights India's consumer market as a long-term structural opportunity driven by population growth, rising middle class, and increasing disposable...

Whirlpool & HUL Partner for Surf Excel Marketing

June 12, 2024 22:25

Whirlpool of India and HUL announce a new marketing alliance for Surf Excel, combining innovative technologies for superior fabric care and enhanced customer experience.

Nestle India Rejects Royalty Hike, Stays at 4.5%

June 12, 2024 19:27

Nestle India has rejected a proposal to increase royalty payments to its parent company, keeping the rate at 4.5% of net sales. The decision came after shareholders voted against the hike.

HUL Appoints Arun Neelakantan as Executive Director, Customer Development

June 6, 2024 19:56

Hindustan Unilever Limited (HUL) appoints Arun Neelakantan as Executive Director, Customer Development, effective July 1, 2024. Neelakantan, currently Chief Digital Officer, brings extensive...

Stock markets extend rally to 2nd day on easing political worries; Sensex jumps 693 pts

June 6, 2024 16:53

Mumbai, Jun 6 (PTI) Stock markets rallied for the second straight day on Thursday with the benchmark Sensex jumping nearly 693 points on easing political worries as the ruling NDA set in motion its...

PV Sindhu Invests in Greenday's 'Better Nutrition'

June 3, 2024 10:53

PV Sindhu becomes brand ambassador for Greenday's 'Better Nutrition', aiming to combat micronutrient deficiencies in India through biofortified foods.

Emami Q4 Profit Rises 3.6% to Rs 146.75 Cr, Revenue Up 6.6% - Business News

May 29, 2024 16:56

Emami Ltd reported a 3.62% increase in PAT to Rs 146.75 crore in Q4 FY24, driven by volume growth. Revenue rose 6.61% to Rs 891.24 crore. The company remains optimistic about future growth.

Sensex Drops 220 Points: Stock Market Falls for 3rd Day

May 28, 2024 17:11

Indian stock markets continued their downward trend for the third day, with the Sensex dropping 220 points amid profit-taking and uncertainty ahead of election results. Read more.

Stock Market Rally: Fundamentals, Long-Term Investment & Expert Views

May 28, 2024 16:45

Experts attribute the recent stock market rally to strong fundamentals and advise retail investors to focus on long-term investments in quality stocks. Learn about their insights on market trends...

Stock Market Decline: Sensex, Nifty Close Lower Ahead of Poll Results

May 28, 2024 16:00

Indian stock markets experienced a third consecutive day of decline due to profit-taking and uncertainty ahead of Lok Sabha poll results. Sensex closed 220.05 points lower, while Nifty dropped...

ITC Hotels Demerger: Minority Shareholders to Benefit - Proxy Firms

May 28, 2024 13:58

Proxy advisory firms recommend ITC shareholders approve the demerger of its hotel business, citing potential value unlocking and improved return ratios for minority shareholders.

Honasa Consumer Acquires CosmoGenesis: FMCG Brand Expands Research & Development

May 27, 2024 22:13

Honasa Consumer, owner of Mamaearth and The Derma Co, acquires cosmetic formulation maker CosmoGenesis Labs. The deal will boost research and innovation for the FMCG brand.

Sensex Hits 76,000 Peak, Nifty Records High Before Closing Lower

May 27, 2024 16:13

Sensex scaled the 76,000 level for the first time while Nifty hit a new lifetime peak before closing marginally down on Monday as investors booked profits.

Sensex, Nifty Close Lower After Record Highs

May 24, 2024 16:12

Indian stock market indices Sensex and Nifty ended slightly lower on Friday, despite hitting record intra-day highs, as investors booked profits in FMCG, IT and healthcare stocks. Read more.

Honasa Consumer Q4 Profit Rises to Rs 30.47 Cr, Sales Up 21.5% - PTI

May 23, 2024 17:53

Honasa Consumer, owner of Mamaearth and The Derma Co, reported a Q4 profit of Rs 30.47 crore, driven by a 21.5% increase in sales to Rs 471 crore. Read more.

BSE Market Cap Hits USD 5 Trillion Milestone

May 22, 2024 17:30

The combined market capitalization of BSE-listed companies reached USD 5 trillion for the first time, driven by strong equities and investor optimism. Read more about this milestone and market trends.

Sensex Rises 267 Points, Nifty Gains for 5th Day

May 22, 2024 17:24

Indian stock markets closed higher on Wednesday, with the Sensex gaining 267 points and Nifty rising for the fifth consecutive day. Reliance and Infosys led the gains.

Indian Markets Rise: Reliance, Infosys Lead Gains

May 22, 2024 15:58

Indian equity indices closed higher on Wednesday, driven by buying in Reliance Industries and Infosys. The Sensex gained 267.75 points, while the Nifty advanced 68.75 points.

DS Group Targets Rs 5,000 Crore Confectionery Sales

May 22, 2024 13:33

DS Group, known for brands like Pulse & Pass Pass, aims to achieve Rs 5,000 crore revenue from its confectionery business in 5 years, growing at a CAGR of 30%.

India's Economic Take-Off: RBI Bulletin Signals Positive Outlook

May 21, 2024 17:27

India's economy is on the cusp of a long-awaited take-off, fueled by rising aggregate demand and robust rural spending, according to the latest RBI Bulletin.

ICRA Forecasts India's GDP Growth at 6.7% in Q4, 7.8% in FY24

May 21, 2024 13:23

ICRA predicts India's GDP growth to moderate to 6.7% in Q4 FY2024 and 7.8% for FY24, citing factors like lower volume growth and subdued commodity prices. The report also highlights investment...

Sanjiv Puri Takes Charge as CII President 2024-25

May 19, 2024 12:10

Sanjiv Puri, ITC Chairman & Managing Director, has assumed the presidency of the Confederation of Indian Industry (CII) for 2024-25. Read more about his appointment and other CII leadership changes.

Nestle India Shareholders Reject Royalty Hike

May 18, 2024 19:37

Nestle India shareholders have rejected a proposal to increase royalty payments to its parent firm. The move follows a previous hike in 2013. Learn more about the decision and its implications.

Zee Entertainment Q4 Profit: Rs 13.35 cr, FY24 Up

May 17, 2024 17:51

Zee Entertainment Enterprises Ltd reported a consolidated net profit of Rs 13.35 crore in the March quarter, a turnaround from a loss in the same period last year. Domestic advertising and...

Retail Jobs Surge in Smaller Cities: Top Brands Expanding Footprint

May 15, 2024 18:19

Top brands are expanding into smaller cities, creating retail jobs and opportunities for local talent. Experts anticipate a significant increase in job creation in the coming years.

Sensex Drops: HDFC Bank, RIL Weigh on Market

May 15, 2024 17:24

Indian benchmark Sensex closed lower on Wednesday, snapping a three-day winning streak due to selling in HDFC Bank, Reliance Industries, and TCS shares. The broader Nifty also dipped.

Jyothy Labs Q4 Profit Up 31.9% to Rs 78 Cr

May 15, 2024 15:50

Jyothy Labs, known for brands like Ujala & Maxo, reports a strong Q4FY24 with 31.9% net profit growth to Rs 78.15 crore. Revenue also increased, driven by fabric care, dishwashing, and personal...

FMCG Volume Growth Expected in FY25: Britannia, Dabur, HUL & More

May 12, 2024 17:04

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.

India Hiring Up 9% in April: Production & Manufacturing Lead

May 9, 2024 18:33

Hiring in India increased by 9% in April, led by production, manufacturing, healthcare, and other sectors. Start-ups also contributed to job growth, with a 37% increase in their number.

Bajaj Consumer Care Q4 Net Profit Down 12% to Rs 35.58 cr

May 8, 2024 17:29

Bajaj Consumer Care Ltd reported a 12% decline in net profit to Rs 35.58 crore for the fourth quarter ended March 2024. The company's total revenue also dipped slightly year-on-year.

Sensex Slips on Banking, IT Selling: Weak Global Cues

May 8, 2024 17:21

Indian stock markets edged down on Wednesday, driven by selling in banking and IT shares amid weak global cues and continuous foreign fund outflows. Sensex closed at 73,466.39, while Nifty remained...

DG Innovate & EVage Motors: JV for Electric Motors in India

May 8, 2024 13:38

UK-based DG Innovate partners with EVage Motors to manufacture electric motors in India, targeting the Asian EV market. The JV will produce high-efficiency motors for both domestic and overseas...

AMPIN Energy Transition Secures $35 Million for Solar Projects

May 7, 2024 15:59

AMPIN Energy Transition secures USD 35 million funding from responsAbility to expand its solar projects in the commercial and industrial segment, aiming to increase operating capacity to 10 GWp by...

FMCG Industry Growth: Rural Surpasses Urban in Q1 2024 - NielsenIQ

May 7, 2024 14:01

India's FMCG sector witnessed 6.5% volume growth in Q1 2024, with rural consumption exceeding urban for the first time in five quarters, driven by strong performance in non-food categories,...

Marico Shares Surge 10% on Strong Q4 Earnings

May 7, 2024 11:04

Marico Ltd shares soared nearly 10% on Tuesday after the FMCG giant reported a 4.9% rise in consolidated net profit for the fourth quarter ended March 2024.

GCPL Posts Rs 1,893.21 Cr Loss in Q4 | Business News

May 6, 2024 21:01

Godrej Consumer Products Ltd (GCPL) reported a consolidated loss of Rs 1,893.21 crore in Q4 FY24 due to impairment of brand and goodwill, and loss on sale of business in Africa.

Sensex Flat, Nifty Slips on Profit-Taking: Market Update

May 6, 2024 17:20

Indian stock markets closed mixed on Monday, with the Sensex edging up slightly while the Nifty dipped due to profit-booking by investors amidst valuation concerns. Read more.

Marico Q4 Net Profit Rises 4.9% to Rs 320 Crore

May 6, 2024 17:08

Marico Ltd reported a 4.9% rise in consolidated net profit to Rs 320 crore in Q4 FY24, driven by strong international growth and improved domestic performance. The company expects continued growth...

Dabur Q4 Profit Up 16.5%, Revenue Crosses Rs 12,000 Cr

May 2, 2024 20:32

Dabur India reported a 16.55% rise in Q4 profit to Rs 341.22 crore, driven by cost optimization and increased premiumization. Revenue crossed Rs 12,000 crore in FY24.

Groww Launches India's First Nifty Non-Cyclical Consumer Index Fund

May 2, 2024 16:45

Groww Mutual Fund has launched India's first Nifty Non-Cyclical Consumer Index Fund, offering investors exposure to top stocks in FMCG, Textiles, etc. The fund aims to generate long-term capital...

Dabur Q4 Profit Up 16.5%, Revenue Rises 5% - Business News

May 2, 2024 15:43

Dabur India reported a 16.55% increase in its consolidated net profit to Rs 341.22 crore for the fourth quarter ended March 2024, driven by cost optimization and distribution network expansion.

Patanjali Foods Faces GST Dues Show Cause Notice - Rs 27.46 Crore

April 30, 2024 10:29

Patanjali Foods received a show cause notice from GST intelligence department for Rs 27.46 crore input tax credit recovery. The company will defend its case.

Patanjali Foods Faces GST Dues: Rs 27.46 Crore Input Tax Credit Under Scrutiny

April 29, 2024 23:06

Patanjali Foods has received a show cause notice from GST intelligence for potential recovery of Rs 27.46 crore in input tax credit. The company plans to defend its case.

Nestle India to Focus on Volume Growth, Targets 6 Million Touchpoints

April 29, 2024 20:24

Nestle India aims to boost volume growth, expand reach to 6 million touchpoints, and increase premium product sales to 20% in the long term.

Nestle India Aims for Volume Growth & Premium Products

April 29, 2024 18:02

Nestle India focuses on volume growth amidst inflation, aiming for premium products like Nespresso and health science to drive sales. The company is also expanding its reach across India, targeting...

Nestle Denies Racial Stereotype in Infant Food Formulation

April 29, 2024 15:27

Nestle India refutes allegations of racial stereotyping in its infant food formulation, asserting that its global approach ensures nutritional adequacy for all children.

Patanjali Foods to Buy Patanjali Ayurved's Non-Food Business

April 26, 2024 20:50

Patanjali Foods will evaluate a proposal to acquire the non-food business of Patanjali Ayurved, including dental care, home care, and personal care products. The move could significantly boost...

Patanjali Foods to Acquire Patanjali Ayurved's Non-Food Business

April 26, 2024 20:03

Patanjali Foods Ltd is evaluating a proposal to acquire the non-food business of Patanjali Ayurved, which could expand its product portfolio and boost revenue.

Nifty Forecast: 25,810 by 2024-end - Prabhudas Lilladher

April 25, 2024 18:56

Prabhudas Lilladher predicts Nifty to reach 25,810 by December 2024, driven by stable economic policies and normal monsoon. Learn more about their forecast.

Nestle India Shares Surge 2% After Q4 Earnings

April 25, 2024 17:17

Nestle India shares climbed over 2% on Thursday after the company reported a 27% rise in net profit for the March quarter, driven by strong growth across its product portfolio.

Sensex Gains 5th Day: Reclaims 74k, Nifty Above 22,550

April 25, 2024 17:06

Indian stock markets extended their rally for the fifth straight session on Thursday, with the Sensex reclaiming the 74,000 mark and Nifty closing above 22,550. Banking, financial and metal stocks...

Hindustan Unilever Shares Dip After Q4 Earnings

April 25, 2024 17:01

Hindustan Unilever shares closed lower on Thursday after the company reported a 1.53% fall in consolidated net profit for the March quarter. Find out more.

ITC Expands Overseas: New Hotels in Middle East & Sri Lanka

April 25, 2024 15:19

ITC Hotels, part of India's diversified ITC, plans to open more hotels overseas, targeting neighboring countries and the Middle East. Learn about their expansion plans and the new ITC Ratnadipa in...

Nestle India Q4 Profit Up 27% on Strong Sales

April 25, 2024 14:18

Nestle India reported a 27% rise in Q4 profit to Rs 934 crore, driven by robust sales growth across its product portfolio. Revenue also increased significantly.

Nestle India Q4 Profit Up 27% on Strong Sales

April 25, 2024 14:16

Nestle India's net profit surged 27% in Q4 FY24, driven by robust sales across its product portfolio, including Maggi and KitKat. The company also announced a joint venture with Dr Reddy's for...

Nestle India Q4 Profit Up 27% to Rs 934 Cr

April 25, 2024 13:15

Nestle India's net profit surged 27% to Rs 934 crore in Q4 FY24, driven by strong revenue growth. Learn more about the FMCG giant's performance.

FSSAI Collects Cerelac Samples: Sugar Concerns

April 25, 2024 12:35

FSSAI is collecting samples of Nestle's Cerelac baby cereals across India following concerns about high sugar content. The move comes after a global report alleged Nestle added more sugar in...

Hindustan Unilever Shares Dip After Earnings

April 25, 2024 11:35

Hindustan Unilever shares fell 2% after reporting a 1.53% decline in net profit for the fourth quarter. The company cited deflation and softening commodity prices as factors.

HUL Sees FMCG Demand Rise, No Price Hike in Short Term

April 24, 2024 21:45

HUL expects FMCG demand to improve gradually with no price increase in the near term. Rural demand is also recovering and expected to accelerate in the coming quarter. The company expects price...

HUL Q4 Profit Dips 1.53%, Net Sales Flat - PTI

April 24, 2024 19:10

Hindustan Unilever (HUL) reported a 1.53% decline in Q4 profit to Rs 2,561 crore, with net sales flat at Rs 15,013 crore. The dip was attributed to deflation and softening commodity prices.

HUL Q4 Profit Dips 1.53%, Net Sales Flat | Hindustan Unilever Results

April 24, 2024 18:15

Hindustan Unilever (HUL) reported a 1.53% decline in Q4 FY24 profit due to deflation, while net sales remained flat. The company's home care segment grew, but beauty and personal care declined.

HUL Q4 Profit Dips 1.53% to Rs 2,561 Cr - Business News

April 24, 2024 16:25

Hindustan Unilever reported a 1.53% decline in net profit to Rs 2,561 crore for the fourth quarter ended March 31, 2024. Total income stood at Rs 15,441 crore.

FPIs Pull Out Rs 5,200 Crore from India Amid Tax Treaty Changes

April 21, 2024 10:35

Foreign investors withdrew over Rs 5,200 crore from Indian equities in April, driven by concerns over changes in the tax treaty with Mauritius and rising US inflation.

Nestle India Shares Fall, Mcap Drops Rs 10,610 Cr - PTI

April 19, 2024 17:09

Nestle India shares declined over 1% on Friday, amid reports of higher sugar content in baby food products sold in developing countries. The company's market capitalisation eroded by Rs 10,610.55...

Nestle India Shares Decline: Sugar Content Concerns

April 19, 2024 11:19

Nestle India shares fell for the second day after reports revealed higher sugar content in baby products sold in less developed countries. The company has reduced added sugar in India but faces...

Sensex, Nifty Fall for 4th Day Amid Volatility, FII Outflow

April 18, 2024 18:44

Indian equity indices Sensex and Nifty closed lower for the fourth consecutive session on Thursday, driven by heavy volatility, selling in banking stocks, and foreign fund outflows. Read more.

Market Crash Wipes Out ₹9.30 Lakh Crore: Sensex Down 3.39%

April 18, 2024 18:02

Indian stock market witnesses a sharp correction, erasing ₹9.30 lakh crore from investors' wealth over four days due to fading rate cut hopes, foreign fund outflows and global tensions. Sensex...

Nestle India Shares Plunge 3% on Sugar Content Concerns

April 18, 2024 16:56

Nestle India shares fell over 3% after reports of higher sugar content in baby products sold in developing countries. The company says it has reduced sugar content by up to 30%.

Company Name
Price
Volume

GTL Infrastructure
2.61 (+ 4.82)
26946747

Vodafone Idea L
13.26 ( -2.00)
25181463

YES Bank Ltd.
23.92 (+ 4.09)
20141437

Rama Steel Tubes
15.38 (+ 9.31)
15973920

Rajnish Wellness
3.49 ( -2.24)
13312831

Bharat Biotech Partners with Alopexx for...

Bharat Biotech and Alopexx collaborate to develop and commercialize a broad-spectrum...

India Committed to Climate-Friendly Growth:...

NITI Aayog CEO highlights India's commitment to climate-friendly growth, but...

Ceat Launches New Truck & Bus Tyre Line in Chennai

Ceat commissions a new line at its Chennai plant to produce truck and bus radial tyres,...

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Western Carriers IPO: Price Band at Rs 163-172/share

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Honasa Consumer Q1 Profit Surges 63% to Rs 40.25 cr | Mamaearth, The Derma Co

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Stock Market Crash: Rs 22 Lakh Crore Wealth Eroded in 3 Days

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BSE Sensex Next 30 Index Launched by Asia Index

Marico Q1 Profit Up 8.7% to Rs 474 Cr: Volume Gains Drive Growth

Britannia Sees 4-5% Cost Inflation, May Hike Prices

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Emami's Growth: Acquired Brands &amp; Non-Seasonal Revenue

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ITC Q1 Profit Flat, Revenue Up 7.5% | Business News

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Adani Enterprises Q1 Profit Doubles on New Energy Growth

Dabur India Profit Rises 8% to Rs 494.35 cr in Q1 FY25

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Unicommerce Sees 16% Order Growth During Mid-Year Sales

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Rural FMCG Market to Grow 6.1% in FY25: Report

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Emami's Growth: Acquired Brands & Non-Seasonal Revenue