Dubai Court orders attachment of Honasa's UAE assets in ongoing litigation with RSM, ET Retail
FMCG firm Honasa Consumer Ltd on Friday said a court in Dubai has ordered to attach its assets in the UAE but refused to cancel the trading license of Honasa Consumer General Trading LLC in the ongoin
Adani Wilmar sees 10 pc total volume growth in Q2; Food & FMCG segment grows 31 pc, ET Retail
Adani Wilmar reported a 10% total volume growth in Q2, with its Food and FMCG segment surging 31%. The company aims to expand its rural reach to 50,000 towns by FY25. Revenue from alternative channels
Qcomm a hit, FMCG firms dress up to ace screen test, Retail News, ET Retail
Consumer goods companies are revamping packaging for daily essentials and groceries to attract consumers on quick commerce platforms. Firms like Parle, Godrej, and Weikfield Foods are focusing on visu
Swiss chocolate brand Läderach launches store at Jio World Plaza, ET Retail
Swiss luxury chocolate brand, Läderach, has opened its second store in India, first in Mumbai, in partnership with Dharampal Satyapal Group. Located at Jio World Plaza, this store provides handcr
Zydus Wellness forays into adult nutrition, launches VieMax, Retail News, ET Retail
Zydus Wellness has launched VieMax, a new product in Complan’s range aimed at adult nutrition. Available in vanilla and chocolate, VieMax focuses on solving protein deficiency, gut wellness, mus
Jul-Sep consolidated revenue growth in high single-digits: Marico, ET Retail
Marico Ltd experienced high single-digit consolidated revenue growth in the July-September quarter. While its domestic business saw positive trends, overseas markets faced currency headwinds. Parachut
PepsiCo to buy tortilla-chip maker Siete Foods for $1.2 billion, ET Retail
PepsiCo to buy tortilla-chip maker Siete Foods for USD 1.2 billion. The Texas-based company, founded in 2014 by Veronica Garza, is owned and run by seven members of the Garza family. Consumers have tu
Price hikes loom for biscuits, snacks, and soaps as customs duty on edible oils rises by 20%, ET Retail
Prices of biscuits, snacks, detergents, and soaps could rise by 6-7% next quarter. This follows a government increase in customs duty on edible oils. Companies expect higher costs for palm oil and oth
Spice maker McCormick lifts annual forecast as demand recovers, ET Retail
Hot sauce maker McCormick raised its annual earnings forecast on Tuesday after posting better-than-expected third-quarter results, banking on consumers choosing to make meals at home to curb discretionary spending amid sticky inflation.
ClayCo Cosmetics raises USD 2 mn from Unilever Ventures, Retail News, ET Retail
Skincare startup ClayCo Cosmetics secures USD 2 million from Unilever Ventures in its first external investment. The funding will expand the product portfolio with a Moroccan-inspired body care range,
Tax non-alcoholic beverages based on sugar content: Indian Beverage Association, ET Retail
CSD Tax: Indian Beverage Association Secretary General J P Meena said when the GST regime was introduced, non-alcoholic beverages were classified as "demerit goods or sin products" and clubb