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2 mins read

Govt exempts wholesalers, big retailers from stock limit on edible oil, oilseeds

The removal of wholesalers and big chain retailers from the stock limit order would allow the…

ANI   


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No festival cheer ahead for Fortune Oil’s rural sales, says Adani Wilmar CEO

“Demand in the first quarter has not grown. It has actually shrunk because of the very high pric…

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3 mins read

Cooking oil prices drop - soaps, noodles and detergents might follow suit

One of India’s top FMCG companies, Adani Wilmar reduced the prices of one of the priciest of grocer…

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5 mins read

Adani Wilmar’s Angshu Mallick on edible oil prices, rural consumption patterns and outlook for Q2FY23

FMCG major Adani Wilmar announced its quarterly results recently. Its earnings reflect how rural co…

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2 mins read

Amidst slowdown, noodle and biscuit sales see an uptick in rural areas

Even as FMCG sales growth has been moderating on a sequential basis, sales of noodles and biscuits …

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3 mins read

Avenue Supermarts: Many roadblocks to clear on its growth runway

The third quarter earnings of Avenue Supermarts, which runs DMart lacked the festive boost, as its …

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3 mins read

Adani Wilmar revenue rockets fuelled by boiling edible oil prices

Adani Wilmar has capitalised on the prices of edible oils being on a boil due to the ongoing Russia…

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2 mins read

Mother Dairy edible oil production, sales drop 35-40 pc post lockdown

Last week, leading edible oil firm Adani Wilmar, which sells cooking oil under Fortune brand, deput…

PTI   


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Parachute oil maker Marico’s net profit rises 20% in Q4 to ₹302 crore

Parachute and Saffola oil maker Marico on Friday reported a 20% year-on-year net profit growth at ₹…

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5 mins read

Not just fuel, rising rupee will make electronics, pearls and cooking oil costlier too

India is a net importer. Since most international trade takes place in USD – which is getting st…

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3 mins read

Oats and honey are some of the health foods that Indians are buying less of

However, cooking oil, which became the most expensive household essential, is the category where…

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2 mins read

Centre should create buffer stock of mustard: Oil industry association

"The procurement for the proposed creation of buffer stock should be made at market price at the…

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3 mins read

Marico is paying the price for rising inflation because its buyers aren’t able to

Shareholders of the ₹6,450 crore ($865 million) consumer products maker ⁠— popular for its Parac…

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8 mins read

Here’s why the maker of Sundrop Oil and Act II popcorn is undeterred by high inflation and changing consumer sentiment in the FMCG category

On general inflation and consumer sentiment, we stand to benefit purely by virtue of our value off…

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5 mins read

Argan oil can cost as much as $300 per liter. Why is it so expensive?

Argan oil can cost as much as $300 per liter, making it the world's most expensive edible oil. Made…

Andy Ash   


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2 mins read

SEA suggests measures to ensure adequate cooking oil supply in country

"Currently, all marketing yards ( mandies ) are closed leading to shortage of raw material. We sugg…

PTI   


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Marico seeks a facelift – poaches a brand expert from HUL

The company has appointed Koshy George as its Chief Marketing Officer, bringing him on board from H…

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3 mins read

A startup that makes cannabis oil for vaping wants to be America's first $1 billion 'marijuana unicorn'

Sales of recreational marijuana began in California on January 1, and the state market is expected …

Melia Robinson   


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3 mins read

Classic marijuana sales are tumbling as a new way of getting high takes over

The rise of vaporizers comes at a time when the legal weed industry is attracting top talent from S…

Melia Robinson