Nepalese billionaire owner of Wai Wai noodles plans pre-IPO funding for India unit in 2025, ET Retail
The conglomerate is planning to expand operations in central and eastern Europe and is scouting for food and beverage firms to acquire in the region, he said. It is also looking to invest more in its businesses in Sri Lanka.
iD Fresh Food to invest Rs 100 crore to double its manufacturing capacity, enter spices category, ET Retail
For the spices category, the brand plans to invest 60 per cent of its sales in the first year towards marketing and distribution.
Two Brothers Organic Farms appoints Arijit Gorai as its chief growth officer, ET Retail
Two Brothers Organic Farms: In his new role, Gorai will be responsible for expanding the D2C brand’s presence across multiple channels and improving its customer experience, including new produc
FMCG sector to get a boost from recovery in rural demand, global factors: Centrum, ET Retail
FMCG Sector: As per the report, the sector is expected to witness a boost, especially from a recovery in rural demand. The report mentioned that there has been a downward trend in rural inflation, alo
We expect improved FMCG demand in coming quarters: Pawan Agrawal, Marico, ET Retail
Marico reported a nearly 9% rise in net profit and a 7% increase in revenue for Q1 FY25. The company is focusing on diversification and premiumisation, expecting growth in rural and urban markets as t
D2C FMCG startup Mitra raises Rs 11 crore in pre-Series A round, ET Retail
Mitra, a direct-to-consumer FMCG startup, has secured Rs 11 crore in pre-Series A funding led by Bestvantage Investments. The funds will support its expansion plans, including new manufacturing units
Adani Wilmar: Adani, Wilmar to start stake sale in joint venture next month, ET Retail
Adani Enterprises Ltd. and Wilmar International Ltd. plan to sell a 13% stake in their joint venture Adani Wilmar Ltd. to comply with Indian securities laws. The sale, valued at $735 million, aims to
Reliance Retail to transfer most of its FMCG brands to RCPL to scale up the business, ET Retail
Reliance Retail is set to transfer its FMCG brands, including Campa and various private labels, to Reliance Consumer Products Ltd (RCPL) for rapid business expansion. RCPL plans exclusive bottling pla
Patanjali Foods Share Price: Patanjali Foods tumbles 4% after over 1 crore shares change hands via block deal, ET Retail
Patanjali Foods Share Price: Shares of Patanjali Foods fell by 4% on the BSE today, hitting a day’s low of Rs 1,855.10. The drop followed a block deal involving 1.2 crore shares, or 3.3% of the
Consumer staples suppliers see stable prices this festive season, ET Retail
Consumer Staples: Dealers and distributors are not stocking these commodities, which they generally do during the festive season, as the supply side is strong and they are lifting stock according to the requirement.
Mitra: D2C FMCG startup raises Rs 11 crore in pre-Series A round, ET Retail
Mitra, a direct-to-consumer FMCG startup, has secured Rs 11 crore in pre-Series A funding led by Bestvantage Investments. The funds will support its expansion plans, including new manufacturing units
Expect India to be among Amway's top three global markets in five years: Country MD Rajneesh Chopra, ET Retail
Amway aims to make India one of its top three global markets within five years, investing USD 4 million in four new R&D centers. The company plans to expand its customer base from 2 million to 5 milli
Snack Brands: Snacking while binge-watching? OTTs, brands smell opportunity, ET Retail
Snack brands are partnering with streaming platforms like Netflix, Amazon Prime Video, and Disney Hotstar to offer co-branded packs tailored for binge-watching. Brands such as 4700BC, KitKat, Cornitos
No restrictions on Godfrey Philips AGM as Delhi HC denies Ruchir Modi's plea to block grandmother Bina Modi from voting, ET Retail
The Delhi High Court on Thursday rejected the Ruchir Modi’s plea seeking to restrain his grandmother Bina Modi from voting at the 87th AGM of Godfrey Philips scheduled for September 6 at 2.30 pm.
