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
In a post-pandemic resurgence, the food services industry is experiencing a revival marked by a flurry of mergers and acquisitions (M&A), investments, and funding activities.…
View More Food services industry roars back to life with investments and M&As after pandemic pause
The Indian food service industry has undergone a transformative shift, evolving from local, family-run establishments to a global stage characterized by diverse business strategies. A…
View More Indian Food Service Industry embraces globalization, positioned to overtake unorganized sector by 2025–26: Wazir Advisors Report
To meet the escalating demand in south India, Dabur, the FMCG and Ayurvedic products giant, has planned to establish a new greenfield facility in the…
View More Dabur announces Rs. 135 crores investment for new manufacturing unit in south India
Grocery retail startup The Organic World (TOW) is making significant strides in response to the burgeoning vegan trend. In a recent press release, TOW announced…
View More Grocery retail startup The Organic World magnifies its vegan category
Recent data from Hindustan Unilever shows a notable divergence in consumer behaviour within India’s consumption sector. While premium brands are experiencing robust demand at the…
View More Shifting Consumer Habits in India: Premium Brands Thrive as Mass Market Faces Challenges