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ITC Q4 profit down 1.3% on subdued demand

Mumbai, May 23 -- ITC Ltd on Thursday reported a 1.3% drop in its standalone net profit to Rs.5,020.20 crore in the three months ended March amid weak demand during the quarter. Net profit for the ma... Read More


Starbucks India revenue up 12% in FY24, loss widens to Rs.81 crore

Mumbai, May 23 -- Tata Starbucks Private Limited,the joint venture of Tata Consumer Products Limited (TCPL) and American coffee chain Starbucks, saw its losses widen to Rs.81 crore and revenue from op... Read More


Jubilant FoodWorks sets target to open over 5,500 Domino's Pizza stores globally in medium term

Mumbai, May 22 -- Jubilant FoodWorks Ltd (JFL) which operates master franchise rights from Domino's Pizza in India and select global markets on Wednesday said it could potentially open over 5,500 Domi... Read More


Tata Consumer to target food services industry

Mumbai, May 22 -- Tata Consumer Products Ltd (TCPL) which sells tea, coffee, water, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, is set to enter the food services market by offering... Read More


Trent speeds up Zudio expansion, adds over 200 stores last fiscal

Mumbai, May 21 -- Trent Ltd's value apparel format Zudio opened a record 203 new stores during fiscal 2024, while entering 46 new cities during the year taking the total number of stores to 545, the r... Read More


Rural demand is finally taking off. FMCG firms capitalize with strategic moves

NEW DELHI, May 17 -- For the first time in 15 months, rural demand outpaced urban markets in the March-ended quarter, marking a significant shift in India's consumption landscape. According to market... Read More


Reliance Retail partners with UK's ASOS to bring online fashion retailer to India

Mumbai, May 16 -- Reliance Retail said it has partnered with Britain's ASOS to build the online fashion retailer's online and offline presence in India as it eyes a bigger share of the market. ASOS c... Read More


Varun Beverages ramps up domestic capacity in Q1

MUMBAI, May 14 -- Varun Beverages Ltd (VBL), a major PepsiCo franchisee outside the United States, ramped up its domestic capacity in the first quarter of the current calendar year, with a capital exp... Read More


Our aspiration is to get into double-digit revenue growth: Marico

Mumbai, May 13 -- Parachute oil maker Marico reported a 3% rise in the March quarter volumes in its India business, while revenue from operations increased 2% year-on-year. Mint spoke to Saugata Gupta... Read More


Limit stocking of branded spices, says FMCG distributors' association

Mumbai, May 11 -- An industry body of consumer products distributors in India has issued an advisory to distributors of spices to exercise caution and limit the stocking of branded spices following re... Read More