fmcg

New Delhi: Debt-laden Future Group's FMCG arm Future Consumer on Saturday said it has defaulted in payment of Rs 449.04 crore due to bank loans as well as bond holders of the company due June end.The total default till June 30, 2024 includes an amount of Rs 284.81 crore on loan and revolving...

Kolkata: The fast-moving consumer goods (FMCG) sector is expected to see revenue growth of 7-9 per cent this financial year, according to a report released by Crisil Ratings on Saturday.The expected revenue growth in this financial year (2024-25) will be supported by higher volume growth due...

According to Venture Intelligence data, this is the highest figure in the domestic FMCG sector in the last four years.In January this year, Tata Consumer Products announced the acquisition of 100 per cent stake in Organic India, a FabIndia-owned business that sells teas, infusions, herbal...

“Looking ahead, the FMCG sector in India is poised for continued growth, with a projected 7 to 9 per cent expansion in 2024,” a report by ICICI Lombard General Insurance said.The FMCG industry now has a growing economic reach, valued at over Rs 9.1 trillion, and has a significant role in...

At 9:42 am, Sensex was up 49 points or 0.06 per cent at 78,103 and Nifty was at 23,709, down 11 points or 0.05 per cent.Nifty Midcap 100 index fell 75 points or 0.13 per cent to 55,294 and Nifty Smallcap 100 index rose 41 points or 0.23 per cent to 18,284.UltraTech Cement, ICICI Bank, L&T...

Kolkata, FMCG major Britannia Industries Ltd said all permanent employees of its factory in Taratala, Kolkata have accepted the Voluntary Retirement Scheme (VRS) offered to them.A company official said that acceptance of VRS by all the permanent employees of the plant will not have any...

Are leading the banking stock market. The Nifty Bank is up 153 points or 0.30 percent on 51,558.Midcap and Smallcap Stock outperform compared to Largecap. The Nifty Midcap 100 index is 334 points or 0.61 percent, at 55,286 and the Nifty Smallcap 100 index is 97 points or 0.54 percent, 18,257...

New Delhi, Tata Consumer Products Ltd is aiming to become a full-fledged FMCG company with plans to enter new categories and has more than doubled its capex to Rs 785 crore for FY20, mainly from on a new plant in Vietnam, said company chairman N Chandrasekaran. on Thursday.Responding to...

New Delhi, Leading FMCG maker Hindustan Unilever Limited (HUL) on Thursday announced the appointment of Arun Neelakantan as Executive Director, Customer Development.According to a company statement, Neelakantan (43) will replace Kedar Lele, who is looking for an external opportunity.These...

Mumbai: White collar hiring in key sectors such as oil and gas, banking and FMCG has started to see a steady improvement, a report said on Wednesday.According to the report, hiring activity increased by 6 per cent in May compared to April, driven by sectors such as Healthcare and Travel &...

New Delhi, Domestic FMCG major Emami Ltd on Wednesday reported 3.62 per cent rise in its profit after tax (PAT) to Rs 146.75 crore for the fourth quarter ended March 31, 2024.According to company regulatory filings, the company's PAT stood at Rs 141.6 crore in the same quarter last fiscal...

New Delhi: Honasa Consumer, owner of FMCG brands Mamaearth and The Derma Company, on Monday said it has acquired cosmetic formulation maker Cosmogenesis Labs for an undisclosed amount.The acquisition will help the company, which was founded in November last year, take a significant leap in...

New Delhi: Honasa Consumer Ltd, owner of FMCG brands like Mamaearth and TH Derma Co, on Thursday reported a consolidated profit after tax of Rs 30.47 crore for the fourth quarter ending March 2024.According to Honasa Consumer's regulatory filing, it had posted a loss after tax of Rs 161.75...

New Delhi: The combined market capitalization of BSE-listed companies reached the historic USD 5 trillion mark for the first time at the close of trading on Wednesday amid an optimistic trend in equities.The 30-share Sensex closed at 74,221.06, up 267.75 points or 0.36 per cent. During the day...

Mumbai: Benchmark Sensex surged 267 points on Wednesday amid buying in bluechips Reliance Industries and Infosys amid mixed cues from global markets, while Nifty closed with gains for the fifth consecutive day.The 30-share BSE Sensex closed 267.75 points or 0.36 per cent higher at 74,221.06...

A good monsoon always boosts the stock market, as it revives demand for consumer goods, vehicles and farm equipment.So far in May, the Nifty FMCG index has gained more than 1.5 per cent and is outperforming the benchmark Nifty 50 by about two per cent. This reflects the market sentiment for...

New Delhi: Major FMCG manufacturers expect volume-led growth in FY2025 with a revival in consumption driven by a normal monsoon and projections of a good Rabi crop in a low-inflation environment.Companies like Britannia, Marico, Dabur, GCPL and HUL in their latest mark quarterly earnings also...

PN Mumbai (Maharashtra) [India], May 9: In the ever-evolving landscape of consumer goods, the contract manufacturing industry stands as a cornerstone, facilitating seamless production of a myriad of products across diverse sectors. From cosmetics, beauty, personal care to food and beverages...

Mumbai (Maharashtra) [India], May 9: In the ever-evolving landscape of consumer goods, the contract manufacturing industry stands as a cornerstone, facilitating seamless production of a myriad of products across diverse sectors. From cosmetics, beauty, personal care to food and beverages...

New Delhi, Shares of FMCG major Marico Ltd climbed nearly 10 per cent on Tuesday after the company reported a 4.9 per cent rise in consolidated net profit for the fourth quarter ending March 2024.The stock closed at Rs 583.35 with a gain of 9.85 per cent on BSE. During the day it increased by...