Zomato is expanding its e-commerce capabilities through Blinkit, aiming to widen its offerings in the burgeoning direct-to-consumer (D2C) sector. This initiative involves Zomato establishing its…
View More Zomato plans for Blinkit to deliver more via e-commerceCategory: Corporate
Britannia MD Varun Berry Anticipates Verdict on Sustainability of Regional Business Models
In a recent statement, Britannia’s Executive Vice-Chairman and Managing Director, Varun Berry, hinted at an imminent verdict regarding the sustainability of regional business models. He…
View More Britannia MD Varun Berry Anticipates Verdict on Sustainability of Regional Business ModelsOrion expands in India, increases mfg capacity, ventures into new product categories
Korean FMCG firm Orion is showing a strong commitment to the Indian market as it continues to strengthen its foothold by expanding manufacturing capabilities and…
View More Orion expands in India, increases mfg capacity, ventures into new product categoriesConsumer goods titans’ ramp up investments in India despite demand slowdown
Major consumer goods companies such as Nestle, Dabur, Coca-Cola, Mondelez, and Procter & Gamble are committing substantial investments in India despite prevailing demand challenges. This…
View More Consumer goods titans’ ramp up investments in India despite demand slowdownLicious layoffs 80 employees amid an operational overhaul
Licious has announced a reduction in its workforce, resulting in the departure of 80 employees, constituting 3% of its total workforce. This decision, the company…
View More Licious layoffs 80 employees amid an operational overhaulReliance Consumer Products (RCPL) acquires Ravalgaon’s iconic confectionery brands for Rs. 27 crores
Reliance Consumer Products (RCPL) has made a significant move in the confectionery market by acquiring the trademarks, recipes, and all intellectual property rights of renowned…
View More Reliance Consumer Products (RCPL) acquires Ravalgaon’s iconic confectionery brands for Rs. 27 croresTata Group Ventures into Online Food Delivery Sector to Compete with Swiggy and Zomato
Tata Group is reportedly gearing up to enter the fiercely competitive online food delivery market, aiming to challenge the dominance of giants like Swiggy and…
View More Tata Group Ventures into Online Food Delivery Sector to Compete with Swiggy and ZomatoCoca-Cola Poised to Outshine PepsiCo in Q4 Amidst Pricing Strategy Differences
Coca-Cola is poised to outperform PepsiCo in the fourth quarter, benefiting from a strategy of fewer price hikes which attracted more price-conscious consumers. The dominance…
View More Coca-Cola Poised to Outshine PepsiCo in Q4 Amidst Pricing Strategy DifferencesHindustan Unilever India Pins Growth Hopes on Premium Strategy Amidst Economic Challenges
Hindustan Unilever India (HUL) has reported a 0.1% growth in Q3FY2023, reaching INR154.6bn (US$1.86bn), but a -2% drop in profits after tax to INR34.6bn (US$416.4mn).…
View More Hindustan Unilever India Pins Growth Hopes on Premium Strategy Amidst Economic ChallengesNestle India’s quarterly profits fall short of analyst expectations
Nestle India announced a 4% increase in net profit, reaching ₹656 crore for the quarter ending in December. Despite this growth, the company failed to…
View More Nestle India’s quarterly profits fall short of analyst expectations