fmcg

FMCG major Nestle India has “strong commitments” for local manufacturing with plans to invest ₹4,200 crore by 2025, including in its 10th plant in the country at Odisha, its Chairman and Managing Director Suresh Narayanan said on…

Local FMCG brands have mushroomed amid cooling inflation and are growing faster than national brandsin categories ranging from noodles to dishwash bars.Local dishwash brands Supremo 51 (Madhya Pradesh) and Reflect (Maharashtra) have seen…

Bloomberg | | Posted by Singh Rahul Sunilkumar Asia’s largest cigarette maker ITC Ltd. is set to reclaim its position as India’s most valuable fast-moving consumer goods stock after ousting Hindustan Unilever Ltd. from the spot.…

Last Updated: July 05, 2023, 13:45 ISTITC stock rising to a new highShares of ITC on Wednesday rose 3 per cent to hit a new 52-week high level; What investors should knowShares of ITC on Wednesday rose 3 per cent to hit a new 52-week high…

A recent report by B4Ukraine and the Kyiv School of Economics shed light on the financial activities of global corporations operating in Russia, exposing their significant revenues and minimal tax contributions. The report suggests that…

Global companies operating in Russia generated an impressive $213.9 billion in revenue from their local business ventures. Among these substantial earnings, an estimated value of $14.1 billion translated into profit, demonstrating the…

Last Updated: June 21, 2023, 16:53 IST‘Independence’ offers a wide range of products, including edible oils, grains, pulses, packaged foods and other items for daily needs. (News18)Post its highly successful initial launch in Gujarat,…

Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Photograph: Amit Dave/Reuters Why are companies finding it difficult to sustain the…

The FMCG sector is generally considered to be a safe haven during difficult times as people never stop buying soap and toothpaste. However, weak rural and semi-urban demand has been a factor since the lockdowns of 2020-21 while rising…

BENGALURU: Indian shares advanced for the third consecutive session on Wednesday, aided by a rise in metal stocks on expectations of demand revival in top consumer China, while gains were capped ahead of a rate decision by the US Federal…