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Reliance Retail brings in Carrefour veteran to sharpen grocery play

New Delhi, Nov. 20 -- Reliance Retail has hired former Carrefour executive Guillaume de Cologne to oversee its grocery business, in a sign he could potentially succeed Damodaran Mall, the current chie... Read More


After Ambani's and Birla's, Goenka's enter the Indian luxury apparel market

New Delhi, Nov. 19 -- RPSG Ventures Ltd, part of the RP-Sanjiv Goenka Group, on Wednesday approved the acquisition of a 40% stake in FSP Design Pvt. Ltd, the company behind the luxury fashion label Fa... Read More


GST cuts to boost urban demand, especially for packaged food: Marico CEO

New Delhi, Nov. 18 -- Homegrown fast-moving consumer goods (FMCG) major Marico Ltd expects India's urban demand, especially in categories such as packaged foods, to perk up in the coming quarters aide... Read More


FMCG volume growth moderates amid GST transition in September quarter, value up 12.9%: NielsenIQ

New Delhi, Nov. 17 -- India's fast-moving consumer goods (FMCG) sector reported a 5.4% rise in September-quarter volumes, which moderated sequentially on account of the transition to new goods and ser... Read More