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An upended market is ending the era of long-serving consumer, retail CEOs in India

New Delhi, Nov. 13 -- India's consumer businesses, once known for stable management and long CEO tenures, are witnessing top-level churn across sectors such as retail and fast-moving consumer goods (F... Read More


Britannia CEO Varun Berry quits abruptly, Hargave to take over on 15 Dec

New Delhi, Nov. 10 -- Britannia Industries Ltd on Monday announced a sudden departure of Varun Berry as executive vice-chairman, managing director and chief executive officer (CEO), bringing an end to... Read More


Mint Explainer | How India's FMCG companies navigated sales after structural GST changes

New Delhi, Nov. 10 -- India's fast-moving consumer goods sector navigated a challenging second quarter as the implementation of new goods and services tax rates on 22 September disrupted trade channel... Read More


HUL Q2 preview: Eyes on flat sales growth, muted earnings, a new CEO's plans ahead

New Delhi, Oct. 22 -- Packaged consumer goods company Hindustan Unilever Ltd (HUL) is expected to report flat to 1% year-on-year growth in its September quarter volume sales and revenues on account of... Read More


Premiumization, beauty sales aid Shoppers Stop's turnaround

New Delhi, Oct. 21 -- Premiumization, exclusive brand tie-ups, and an enhanced in-store experience helped Shoppers Stop Ltd increase footfalls in the three months ended 30 September after several weak... Read More


Gold glitters, but lighter: Record prices fail to dim Dhanteras glow

New Delhi, Oct. 19 -- New Delhi: Indians turned up in droves at jewellery stores Saturday to buy gold and silver, keeping the Dhanteras tradition alive undeterred by the record high prices of these pr... Read More


Reliance Retail Q2 consolidated profit up 22% at Rs.3,457 crore

New Delhi, Oct. 17 -- Reliance Retail Ventures Ltd, Reliance Industries Ltd's retail arm, on Friday reported a consolidated profit of Rs.3,457 crore for the September quarter, up 22% from a year ago. ... Read More


Nestle India sees profit dip but strong sales growth amid GST adjustments

New Delhi, Oct. 16 -- Nestle India reported a 23.6% year-on-year drop in standalone profit to Rs.753.2 crore in the September quarter as one-time exceptional costs and higher raw material expenses wei... Read More


Urban India's spending appetite is back, but cautious

New Delhi, Oct. 15 -- A calmer inflation outlook and recent tax relief have given India's urban consumers room to breathe, and to spend. Deloitte's latest consumer survey shows a rebound in discretion... Read More


Two Brothers rides India's organic food wave with Rs.110 crore funding

New Delhi, Oct. 14 -- Organic foods products company Two Brothers Organic Farms, based in Pune, has raised Rs.110 crore in a Series B funding round led by 360 ONE Asset, Rainmatter Investments, Narota... Read More