Dabur, a major player in fast-moving consumer goods, encountered challenges in the third quarter of the current financial year, with projections indicating potential impacts due to a weaker winter, as per insights from Emkay, a brokerage firm. Despite these challenges, expectations point to approximately 7 per cent growth in consolidated revenue and a 9 per […]
Competition from regional players, a rise in online food ordering, and stubborn inflation have pinched the pizza category. Pizza chains are now firing all cylinders to have the biggest slice of the market with them Remember the 2000s and early 2010s when celebrating small victories or simply getting together with friends or families for most […]
Bajaj in December 2023, witnessed a surge in domestic sales by 28.49 per cent, reaching 1,90,919 units, while exports experienced a 2.22 per cent increase, totaling 1,35,887 units compared to December 2022. During this period, the company sold 2,83,001 units of 2-wheelers, marking a 14.55 per cent YoY increase, and 43,805 units of commercial vehicles, […]
Unilever Plc, the FMCG major, has aggressively streamlined its product portfolio, emphasising approximately 30 “power brands” in its pursuit of growth under new CEO Hein Schumacher, who assumed the role in July. These power brands, including Dove, Lux, Pond’s, Surf, Sunsilk, Lifebuoy, Horlicks, Vaseline, Knorr, Rexona, Closeup and Pepsodent, signify the company’s targeted focus, as […]
Asian Granito’s stock surged nearly 9 per cent on 26 December, fueled by the launch of its sanitaryware manufacturing arm, AGL Sanitaryware. This marks the company’s big push into the bathroom market, leveraging its existing expertise in tiles. At 1.39 pm, shares of the company were trading nearly 6 per cent higher at Rs 75.85 […]
Wipro Consumer Care and Lighting has completed the acquisition of personal care brands Jo, Doy, and Bacter Shield from VVF (India), marking its 15th acquisition to date and the third in the past twelve months. This move reflects the company’s plan to expand its presence in the personal wash segment, as its already existing portfolio […]
As the year ends, industry analysts and retailers predict a lower shipment for Apple devices like Macs, iPads, AirPods and smartwatches in India even after the tech giant’s iPhone demand continues to surge, according to a media report on Thursday. The report underlined that Mac shipments will likely fall between 15 per cent and 18 […]
Indian telecom operator Bharti Airtel on Tuesday reported a drop in second-quarter profit, hurt by a one-time exceptional loss. Consolidated net profit fell to Rs 1,341 crore for the quarter ended on 30 September, from Rs 2,145 crore a year ago. The results included an exceptional cost of Rs 1,570 crore. Airtel and rival Reliance […]
Chinese electronics companies OnePlus and Realme have announced their decision to halt the production and sale of televisions in India, according to a report by a leading media house published on Monday. Citing undisclosed sources, the report states that both OnePlus and Realme will continue to operate in the smartphone market within the country. This […]
Assisted by positive macro indicators, FMCG consumption is exhibiting year-on-year improvement, although the recovery has been gradual, according to Dabur India in its quarter updates. Factors such as a mild summer and a slightly deficient monsoon have impacted this quarter. The delayed festive season this year has postponed offtake related to festivals, which will carry […]
