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Consumer Durables

SECTOR | 02 Jun 2025, 04:20PM

We intend to more than double our business in India: L'Oreal CEO

Business Standard

Cosmetics major L'Oreal on Monday said it plans to more than double its business in India over the next couple of years besides expanding its factories. L'Oreal CEO Nicolas Hieronimus also said India is a key strategic market for them and it is one of the world's fastest-growing beauty markets. "India is a very strategic market for L'Oreal. We intend to more than double our business in the next couple of years , expand our factories which are today manufacturing 95 per cent of what we sell in India and also exporting to rest of the region. "So it is a country of opportunities and one of the fastest beauty markets in the world and is a big priority for L'Oreal," he told reporters here. He met Commerce and Industry Minister Piyush Goyal, who is here on an official visit to hold meetings with French leadership and firms to boost trade and investment between the two countries. "We are exporting hair and skin products, particularly to the Gulf region, it is a beginning of a big...

Consumer Durables

SECTOR | 02 Jun 2025, 01:10PM

udaan raises $114 million from M&G Investments, Lightspeed

Business Line

The company plans to use funds to expand its presence across categories and customers, particularly targeting the Fast-Moving Consumer Goods (FMCG) sector and the Hotel, Restaurant, and Catering (HoReCa) segment

Consumer Durables

SECTOR | 02 Jun 2025, 10:12AM

Sudip Bandyopadhyay flags valuation risks in defence stocks after Mazagon Dock miss

Economic Times

The Q4 earnings season concluded with positive results. Many companies exceeded market expectations. Cement, FMCG, construction, and engineering sectors performed well. Defence companies like Mazagon Dock disappointed due to valuation concerns. Suzlon, a wind energy company, showed strong performance. UltraTech Cement's results were better than expected. Bharat Electronics is expected to have a re-rating soon.

Consumer Durables

SECTOR | 31 May 2025

Here's Why Tamil Nadu The Goldilocks Zone For FMCG Launches: Godrej Consumer Products MD

NDTV Profit

Highlighting this trend in a recent LinkedIn post, Sudhir Sitapati jotted down several factors that contribute to Tamil Nadu's rising appeal for the FMCG segment.

Consumer Durables

SECTOR | 28 May 2025

ITC shares fall 4% as BAT launches 11,600 crore block deal

Business Line

ITC shares traded at 421.20, down 1.14 per cent at 10.30 am, as British American Tobacco announced plans to sell a 2.3 per cent stake in the FMCG giant

ITC's top investor BAT considering further stake sale in Indian FMCG major

Business Standard | 27 May 2025

Consumer Durables

SECTOR | 28 May 2025

ETMarkets Smart Talk: India's structural growth story backed by the 3Dsdemocracy, demand, and demography

Economic Times

Amidst global volatility, Amit Jain of Ashika Global Family Office Services remains bullish on Indian equities, citing democracy, demand, and demography as key strengths. He advises investors to stay focused on governance and quality stocks, particularly in banking, FMCG, and select PSUs.

Consumer Durables

SECTOR | 27 May 2025

Emami, HUL, ITC: Is early monsoon good news for FMCG stocks? Analysts weigh

Business Standard

Early monsoon could be beneficial to agri-related and/or staple-focussed FMCG companies, while it may hurt those FMCG players that are more skewed towards summer portfolios.

Consumer Durables

SECTOR | 26 May 2025

India's long-term growth is underpinned by strong demographic and economic fundamentals: N. Chandrasekaran

Business Line

With the evolving FMCG landscape, brands must be present where the consumers are, says TCPL Chairman

Consumer Durables

SECTOR | 26 May 2025

Nestle SA makes first India investment, acquires minority stake in Drools

Business Standard

The global FMCG giant has acquired a minority stake in pet food brand Drools, which recently achieved unicorn status and will remain operationally independent

Consumer Durables

SECTOR | 23 May 2025

ITC's gains depend on margin recovery and revival in FMCG segment

Business Standard

ITC's Q4FY25 net profit rose 0.8 per cent on strong cigarette volumes but pressure in FMCG and paperboards hit margins, with rural demand holding the key

ITC Q4 Results Review: Motilal Oswal Maintains 'Buy' On Resilient Cigarette Business; FMCG Remains Muted

NDTV Profit | 23 May 2025 1 more