price inflation
Brands Companies News

Amazon Fights Back Against FTC Antitrust Lawsuit, Says No Consumer Harm Shows

The ecommerce giant, Amazon, has asked a federal court to dismiss a US government antitrust lawsuit that accuses the company of using illegal strategies to boost profits at its platform, including an algorithm that allegedly pushed up prices by more than USD 1 billion. In September, the US Federal Trade Commission (FTC) filed a lawsuit, […]

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Brands Companies Finance FMCG News

Nestle India Q2FY24 Net Profit Jumps 36% To Rs 908 Cr

Nestle India on Thursday reported a 36 per cent increase in consolidated net profit to Rs 908 crore for the September quarter of the financial year 2024 (FY24) as compared to Rs 668.3 crore a year ago. The total revenue of the company stood at Rs 5,036 crore, climbing 9.6 per cent from Rs 4,591 […]

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