Godrej Consumer Products (GCPL) announced on Thursday that it signed a deal to acquire the FMCG division of Raymond Consumer Care (RCCL). Through a slump sale, the RCCL FMCG business as well as the trademarks of Park Avenue (for the FMCG category), KS, KamaSutra, and Premium are being sold to GCPL. In a stock exchange […]
Shree Radhe Dairy, located in Surat, Gujarat has achieved a turnover of Rs 100 crores for the fiscal year ended 31st March 2023 and is expected to touch the Rs 1000 crores mark by 2026. This impressive achievement is the result of dedication and years of hard work. The Company is focused on providing chemical […]
Nestle India, the FMCG major reported a 25 per cent year-on-year (YoY) rise in profit to Rs 737 crore YoY for the first quarter ended on 31 March 2023 compared to Rs 590.7 crore previous year in the same quarter, according to its regulatory filing. Nestle, which follows a January to December financial year, reported […]
Tata Consumer Products reported a 21 per cent year-on-year (YoY) rise in its consolidated net profit at Rs. 289.6 crore for the fourth quarter of the financial year (Q4FY23) ended on 31 March 2023, compared to Rs 239 crore in in the same quarter of the previous year, according to the company’s regulatory filing. Consolidated […]
Reliance Retail reported a 12.9 per cent year-on-year (YoY) rise in its consolidated net profit in Q4FY23 at Rs 2,415 crore, compared to Rs 2,139 crore in the same quarter last year. The company’s revenue from operation grew by 21.1 per cent YoY at Rs 61,559 crore in the quarter gone by. Its Earnings Before […]
Expanding the brand’s portfolio further with B Natural Tender Coconut Water, with No Added Sugar & No Artificial Flavours to help consumers stay hydrated this summer In an endeavour to provide nature’s best refreshment in a bottle, B Natural Juices & Beverages, one of the most loved and reputed brands of ITC Ltd. has introduced […]
Reliance Industries Limited (RIL) is reportedly bringing on board RS Sodhi, former Managing Director of the Gujarat Cooperative Milk Marketing Federation (GCMMF), to help grow its grocery business. The move aims to expand Reliance Retail Ventures Limited’s (RRVL) presence in India’s grocery space, with a particular focus on fruits and vegetables. Sodhi will also oversee […]
Pharmaceutical major Johnson & Johnson has proposed contributing USD 8.9 billion as a settlement to resolve lawsuits claiming that its talcum powder products caused cancer. Johnson & Johnson said its subsidiary LTL Management LLC (LTL) has re-filed for bankruptcy protection to obtain approval of a reorganization plan that it said will “equitably and efficiently resolve […]
Rage Coffee, a Delhi-based caffeine innovation FMCG company, has announced its foray into the Ready-to-Drink cold coffee segment. The brand has introduced three new flavors, including mocha frappe, salted caramel, and hazelnut latte, which are available on its online store and partner platform. Commenting about the launch of the three new flavors, Mr. Bharat Sethi, […]
Tata Consumer Products is planning an expansion in its own product line making substantial investments in its mineral water brands. This was reported in the media on Thursday. Tata currently owns brands like Tata Copper+ and Himalayan. The development came following the company’s failed attempt to acquire the bottled water brand Bisleri. Sunil D’souza CEO […]
