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4 mins read

New troubles pile on FMCG majors as they await consumption uptick

For most of the ongoing financial year, i.e. FY24, fast moving consumer goods players have been wai…

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2 mins read

FMCG majors all set for a comeback against locals this year

For FMCG majors, the year of 2023 has been a mixed bag. While easing commodity prices reduced stres…

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5 mins read

India Inc’s wage bill growth halves in Q3, close to decadal lows

The age of sharp salary hikes seems to be over. India’s top 500 listed private companies’ wage grow…

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2 mins read

India Inc marks slowest quarterly revenue growth in January-March 2024: Crisil

Corporates in India have likely logged a 4-6 per cent revenue growth in the January-March quarter, …

ANI   


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Slowdown in FMCG market bottomed out, rural markets show signs of improvement: HUL

FMCG major Hindustan Unilever on Thursday missed market expectations with a 10% rise in net profit …

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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

Price cuts might not bring in volume growth for FMCG majors in Q2 say analysts

It might be a slow second quarter for FMCG companies with hazy volume recovery and tapering raw mat…

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6 mins read

Nifty50 set to clock 10% increase in profit in Q3; banks likely to outperform

Yet another earnings season has begun, as always, with IT services companies reporting a mixed set …

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3 mins read

Rural recovery underway says Morgan Stanley

Rural economy is all set for a rebound as per readings from four key indicators – employment, credi…

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2 mins read

Industrial, warehousing space demand falls 12% in September quarter in 5 cities: Colliers

During the January-September period, the demand fell 4 per cent to 17.2 million square feet fro…

PTI   


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2 mins read

smallcase launches its maiden campaign to reach out to first-time investors; encourages them to invest in ideas and growing sectors

smallcase is reaching out to millions of new investors who have recently opened Demat accounts

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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

White-collar hiring sees 8.6% decline in September says Naukri report

White-collar hiring witnessed an 8.6 per cent annual decline in September, following a negative tre…

PTI   


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2 mins read

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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4 mins read

HUL Q3 net profit rises 12% YoY to ₹2,505 crore – rural slowdown ‘bottoming out’, says company

India’s largest FMCG player Hindustan Unilever on Thursday met analyst expectations with a 12% year…

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2 mins read

ITC's FMCG biz records 21% rise in annual consumer spend in FY23

Diversified conglomerate ITC's FMCG business has recorded a 21 % rise in annual consumer spend to n…

PTI   


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5 mins read

ITC’s marketcap is back to ₹4 lakh crore after a 5-year gap

Shares of Kolkata-based FMCG-to-cigarette conglomerate have surged 47% in 2022 led by strong financ…

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4 mins read

India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand

The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…

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2 mins read

Explained: Will thematic funds continue to be attractive in 2024?

Between October 2022 and October 2023, the assets under management (AUM) of sectoral/thematic funds…

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5 mins read

Union Budget 2022-2023: Here’s how FMCG brands reacted to the budget

How will Union Budget’s boost to rural farming and infrastructure propel growth for FMCG companies