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 slowdown
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 overhaul
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 crores
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 Zomato
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 Differences
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 Challenges
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
The last quarter of 2023 witnessed a notable slowdown in sales for India’s vast network of neighbourhood grocery stores, numbering around 12 million. This deceleration…
View More India’s Kirana Stores Hit by Slowdown as Quick-Commerce Platforms Gain Momentum
Jubilant Foodworks Ltd. announced that its renowned brand, Domino’s, has joined the Open Network for Digital Commerce (ONDC). This integration signifies a significant step forward…
View More Domino’s Partners with ONDC for Wider Consumer Reach
Bikaji Foods International has announced the appointment of Sunil Sethi as a non-executive independent director. This decision was made through a postal ballot by the…
View More Bikaji Foods International appoints Sunil Sethi as a non-executive independent director