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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


For Indian FMCG giants, Nepal's political crisis is more safety risk than revenue shock

Mumbai, Sept. 10 -- The political unrest in Nepal is prompting Indian consumer goods companies with significant exposure to the country to reassess their operations and prioritize employee safety. In... Read More


Benetton India CEO steps down; marketing head, commercial director also leave

Mumbai, Sept. 9 -- Fashion retailer United Colors of Benetton is seeing top-level exits in India with the CEO, commercial director and marketing head having left or on their way out of the company, ac... Read More


FMCG companies ride quick commerce for brisk sales

Mumbai, Sept. 9 -- Quick commerce contributed nearly a third to online FMCG sales in India, which rose 56% to Rs.9,800 crore in the year ended 31 May, according to Worldpanel by Numerator (formerly Ka... Read More


FMCG companies ride quick commerce for brisk sales

Mumbai, Sept. 9 -- Quick commerce contributed nearly a third to online FMCG sales in India, which rose 56% to Rs.9,800 crore in the year ended 31 May, according to Worldpanel by Numerator (formerly Ka... Read More


FMCG distributors push companies for clear guidelines to smooth GST transition

Mumbai, Sept. 8 -- Distributors of fast-moving consumer goods have written to large FMCG companies, asking them to issue clear written guidelines and establish compensation mechanisms (such as credit ... Read More


Quick commerce fuels one-third of India's Rs.9,800 crore online FMCG sales

Mumbai, Sept. 8 -- Quick commerce contributed nearly a third to online FMCG sales in India, which rose 56% to Rs.9,800 crore in the year ended 31 May, according to Worldpanel by Numerator (formerly Ka... Read More


Consumer goods firms rush to meet GST deadline amid tax rate shake-up

Mumbai, Sept. 7 -- Consumer goods companies are racing against a two-week deadline to transition to the new dual-slab Goods and Services Tax (GST) regime, aiming to minimize disruption and financial l... Read More


FMCG, appliance cos to pass on GST cuts

mumbai, Sept. 5 -- Price cuts, promotions and packs with a little extra in them-that's broadly how FMCG and appliance companies plan to pass on the benefit of GST rate cuts announced Wednesday evening... Read More