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PepsiCo India reports Rs.884-crore profit after tax in 2024 after shifting to calendar year

New Delhi, May 28 -- Food and beverage major PepsiCo India reported revenue of Rs.8,877 crore and profit after tax of Rs.883.4 crore for the 12 months to 31 December 2024. These numbers are not compar... Read More


No rush to expand: CaratLane to open 40 stores this year, down from 50 last year

New Delhi, May 27 -- New Delhi: Titan Company Ltd-backed diamond retailer CaratLane will open 40 stores this fiscal year, less than the 50 outlets launched in the previous fiscal year. "We would not ... Read More


Aditya Birla Group has chalked out an aggressive five-year plan for fashion, lifestyle units

New Delhi, May 26 -- Aditya Birla Fashion and Retail Ltd (ABFRL) plans to aggressively expand to triple its business and double the scale of its newly formed lifestyle brands subsidiary over the next ... Read More


Nestle SA picks up minority stake in Indian pet food company Drools

New Delhi, May 26 -- Swiss food giant Nestle SA, the parent company of Nestle India, has made a minority investment in the Indian pet food company Drools Pet Food Private Limited. The financial detail... Read More


Diageo India expects price drop for some spirits after free trade pact with UK

New Delhi, May 23 -- Diageo India, a subsidiary of British liquor giant Diageo Plc, anticipates that the recently-announced India-UK free trade agreement (FTA) will help lower prices for imported spir... Read More


ITC expects consumption uptick on rains, rate cuts

New Delhi, May 22 -- ITC Ltd on Thursday predicted India's consumption engines to keep firing as inflation cools, interest rates fall, and rain clouds gather, following a similar prognosis by industry... Read More


FMCG's digital makeover: The rise of quick-commerce exclusives

New Delhi, May 22 -- New Delhi: Your favourite packaged goods might soon look different depending on whether you are buying from a kirana store or online. Some differences, indeed, have already begun ... Read More


Shopping online? Your favourite brands may be saving their best for you

New Delhi, May 22 -- Your favourite packaged goods might soon look different depending on whether you are buying from a kirana store or online. Some differences, indeed, have already begun to appear. ... Read More


Myntra steps out of India to sell clothes in Singapore


New Delhi, May 19 -- Flipkart-owned Myntra announced on Monday its entry into international shipping, starting with Singapore, to cater to the substantial Indian diaspora overseas. The initiat... Read More


FMCG firms have been hunting for deals. Their appetite is only growing bigger

New Delhi, May 17 -- India's cash-richmakers of staples to shampoos will press ahead with big-ticket acquisitions as they chase high-growth, premium targets to cushion themselves from an overall slowd... Read More