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Consumer Durables

SECTOR | 07 Sep 2024

Indian-Origin Cosmetics Mogul Mike Jatania Revives The Body Shop's UK Stores

NDTV Profit

A consortium led by Jatania-founded growth capital firm Aura had bought all the Body Shop International's assets.

Consumer Durables

SECTOR | 06 Sep 2024

Bernstein's Jignanshu Gor Bets On Retail And Restaurant Stocks Over FMCG

NDTV Profit

While FMCG players grew their distribution over the last decade, retail and restaurant stocks' growth story is still not over, said Gor.

What is Bernstein's Play On FMCG In India? | NDTV Profit

NDTV Profit | 05 Sep 2024 1 more

Consumer Durables

SECTOR | 04 Sep 2024

India remains fastest growing paper market in world with 8.2% rise: Report

Business Standard

India remains the fastest-growing paper market in the world with domestic consumption of packaging paper and paperboard growing at 8.2 per cent in 2023-24, a report said on Wednesday. According to the report by Indian Paper Manufacturers Association (IPMA) for 2023-24, packaging paper & paperboard market is growing at an annual rate of 8.2 per cent in the country. The domestic packaging paper & paperboard market stands at about 15 million tonnes which is nearly 65 per cent of the total paper, paperboard and newsprint market of 23 million tonnes in the country, the report said. Demand for better quality packaging of FMCG products, textiles, pharmaceuticals, among others, as well as, booming e-commerce and rising healthcare spends are among the factors that are driving the growth of packaging paper & paperboard market in India, it said. The ban on single-use plastic, with paper offering a sustainable environment-friendly option, has also emerged as a key demand driver for...

Consumer Durables

SECTOR | 03 Sep 2024

Festive season may not light up portfolios, but here's where you can invest

Business Standard

With festive season approaching, sectors like automobiles, FMCG, and electronics usually see a sales boost

Consumer Durables

SECTOR | 02 Sep 2024

Adani Wilmar eyes FMCG expansion, sets aside $1 billion for 3 acquisitions

Business Standard

Adani Wilmar is planning to purchase at least three brands specialising in spices, ready-to-cook foods, and packaged edibles

Consumer Durables

SECTOR | 02 Sep 2024

ITC share price gains 2%, hits new high on hopes of bullish growth outlook

Business Standard

ITC share price: Analysts anticipates a promising outlook for H2FY25E, with accelerated pricing growth and gradual recovery in rural FMCG, bolstering the Company's performance

Consumer Durables

SECTOR | 01 Sep 2024

Tata Consumer Products completes merger of three subsidiaries in India

Business Standard

FMCG maker Tata Consumer Products Ltd (TCPL) has merged its three wholly-owned subsidiaries after getting approval from NCLT and other regulatory clearances. TCPL has merged its wholly-owned subsidiaries Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages Ltd, and Tata SmartFoodz Ltd with the company, according to a statement from Tata Group FMCG arm. "We wish to inform you that the conditions outlined under Clause 17 of the Scheme, including the filing of certified copies of the order with the Registrar of Companies, of the respective companies, in Form INC-28, have been duly completed. Accordingly, in terms of the Scheme, the effective date of the scheme (of merger) is September 1, 2024," the company said in a regulatory filing. This is in line with the company's focus on simplifying and streamlining the business. This consolidation of legal entity structure will unlock efficiencies and synergies, it added. "There is no change in the operating structure for these business units a

Consumer Durables

SECTOR | 01 Sep 2024

Axis Securities' Preeyam Tolia Decodes Factors That Will Drive Growth For Top FMCG Players

NDTV Profit

He said that premiumisation, new product launches, and geographical expansion will propel growth for Nestle India, Varun Beverages and Jyothy Labs.

FMCG manufacturers hoping for demand revival in H2FY25 on monsoon revival

Business Today | 31 Aug 2024

Consumer Durables

SECTOR | 29 Aug 2024

BT Exclusive: GRM Overseas' introduces 10X Ventures to support growth of new-age FMCG brands in India

Business Today

Atul Garg, Managing Director of GRM Overseas, in a candid conversation, says a fund of Rs 136 crore has been raised through preferential shares. The acquisition will be financed using a combination of this raised capital and GRM's share swaps.

Consumer Durables

SECTOR | 27 Aug 2024

Steady volume recovery and rural growth drive margin expansion

Consumer Durables

KRChoksey

In Q1FY25, our coverage universe reported a healthy revenue growth of 7.1% YoY, surpassing our estimates by 0.1%. This reflects an uptick in demand and consumption trends.