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Govt eases compliance for packaged goods firms ahead of GST rate changes

Mumbai, Sept. 18 -- The ministry of consumer affairs has moved to ease compliance requirements for packaged goods companies ahead of the roll-out of the recent goods and services tax (GST) rate revisi... Read More


Fashion retailers sew GST-tinted offers this festive season

New Delhi, Sept. 17 -- Apart from the usual festive fervour at this time of the year, there is another reason that could make buyers' shopping cart heftier, or so the fashion retailers are hoping for.... Read More


Unilever's Magnum looks to scoop out a Diwali 'ice cream moment'

New Delhi, Sept. 17 -- Mumbai: The Magnum Ice Cream Co. (TMICC), set to list as a standalone company after its demerger from Unilever Plc, is sharpening its focus on India by trying to turn festivals ... Read More


Aditya Birla Fashion to convert Style Up stores to OWND! in fight to chase GenZ

Mumbai, Sept. 16 -- Aditya Birla Fashion and Retail Ltd (ABFRL) is rebranding its value fashion format Style Up to appeal to younger, fashion-savvy Gen Z shoppers as competition intensifies in the app... Read More


Ikea plans to expand its presence in India

New Delhi, Sept. 15 -- Swedish home furnishings retailer Ikea is accelerating its expansion in India, as it looks to add 3-4 small city stores over the next 10 months, in a change of focus from large-... Read More


FMCG majors roll out trade notices ahead of GST rate cut on household essentials

Mumbai, Sept. 14 -- India's top consumer goods makers, including Hindustan Unilever Ltd, P&G and L'Oreal, have sent out communication to general trade partners regarding the lowering of goods and serv... Read More


Ikea India to open 3-4 small city stores, shifting focus from large outlets

Mumbai, Sept. 14 -- Swedish home furnishings retailer Ikea is accelerating its expansion in India, as it looks to add 3-4 small city stores over the next 10 months, in a change of focus from large-for... Read More


India must invest in agri-tech and soil health to build climate-resilient food systems, say experts

Mumbai, Sept. 12 -- India's food security and climate resilience will continue to pose challenges unless government policies, farm economics, and technology adoption are reworked and aligned with reso... Read More


RCPL signs MoU with Maharashtra govt to invest Rs.1,513 crore in food and beverage facility

Mumbai, Sept. 11 -- Reliance Consumer Products Ltd (RCPL), the packaged consumer goods arm of Reliance Industries Ltd, on Thursday signed a memorandum of understanding with the Maharashtra government ... Read More


Raymond open to acquisitions, bets on real estate for next growth phase

Mumbai, Sept. 10 -- Diversified conglomerate Raymond Group-with interests in textiles and apparel, real estate, engineering, aerospace and defence-will continue to evaluate acquisition opportunities a... Read More