Itc: DTC and staples snapped up, FMCG cos are gunning for snacks now, ET Retail
The Indian FMCG sector is witnessing a surge in mergers and acquisitions, with Britannia reportedly in talks to acquire Kishlay Foods. This trend follows previous acquisitions of DTC startups, spice m
4700BC to invest Rs 25 crore to expand the manufacturing capacity, ET Retail
"Currently, we are registering single-digit EBITDA loss and plan to turn profitable by FY 27 onwards. We are eyeing to clock Rs 300 crore revenue by this year," Chirag Gupta, founder and CEO of 4700BC said.
Reliance FMCG: Reliance plans Rs 3.9k-cr infusion into FMCG unit to step up play, ET Retail
Reliance FMCG: Reliance is set to inject up to ₹3,900 crore into its FMCG division, Reliance Consumer Products Ltd (RCPL), through a combination of equity and debt. This significant capital infusion a
Britannia in talks to buy northeast’s Kishlay Foods, Retail News, ET Retail
Britannia Industries is in talks to acquire a controlling stake in Kishlay Foods, a Guwahati-based snack manufacturer, valued at `600-700 crore. This acquisition would help Britannia expand its market
Dabur, Jubilant owners bid for stake in Coca-Cola's India bottling arm HCCB, ET Retail
Parent Coca-Cola Co will decide if the deal will involve one or two co-investors, or if negotiations lead to creation of an investor consortium. A decision is likely by the end of this fiscal year. ET
Emami acquires full ownership of The Man Company for Rs 177.63 cr, ET Retail
Emami already owns a 50.40 per cent stake in The Man Company. After acquiring the balance 49.60 per cent stake, Helios, the parent company of The Man Company, will become a wholly owned subsidiary of Emami.
Cashew Prices: Nuts make sweets a costly affair this festival season, ET Retail
Cashew Prices: Cashew and almond prices have surged significantly over the past four months, with cashews rising up to 80% and almonds over 15%. Reduced imports and increased local consumption are key
Wellbe Foods Expansion: D2C startup WellBe Foods aims to reach 25,000 stores across South India by FY25, ET Retail
Wellbe Foods Expansion: Gaurav Manchanda, founder and managing director of WellBe Foods said, "Our goal is not only to reinforce our presence in Hyderabad but also to set a new benchmark for gene
Bangladesh operations stabilised, people rejoin factory: Emami CFO, ET Retail
Homegrown FMCG major Emami has said its operations in Bangladesh have stabilised as people have rejoined the factory and production has resumed. Replying to queries at the AGM, Emami CFO Naresh Bhansa
Motilal Oswal PE buys 25% stake in Lal Sweets, Retail News, ET Retail
Lal Sweets follows an omni-channel strategy, retailing its products across 4,000 modern trade outlets, 7,000 general trade outlets, quick-commerce platforms, e-commerce platforms, and its own website,
Bikaji Foods: Bikaji says 'not for sale' amid investor interest in Indian snacks market, ET Retail
Bikaji Foods: "Bikaji is not for sale. Whatever price someone offers, there are certain things that are not for sale," Chief Operating Officer Manoj Verma said earlier this month, without di
Emami Ltd: FMCG maker Emami's net profit grows 36% in Q1 despite challenges in Bangladesh, ET Retail
Emami Ltd chief executive NH Bhansali shared that the company faced challenges in Bangladesh due to geopolitical tensions but remains optimistic for future stability. Founder R.S. Goenka noted growth
Patanjali misleading ads case: SC pulls up IMA president over publication of apology, calls it 'not legible', ET Retail
The Supreme Court on Tuesday criticized Indian Medical Association President R V Asokan over the publication of an apology in newspapers, focusing on misleading advertisements.
Hindustan Unilever Share Price: HUL slapped with Rs 962 crore tax notice over TDS dispute in Rs 3,045 crore GlaxoSmithKline deal, ET Retail
Hindustan Unilever Share Price: Hindustan Unilever has received a tax demand of Rs 962.75 crore from the Income Tax Department over non-deduction of TDS for acquiring intellectual property rights from
ITC shifts gears with new food range for those over 45, Retail News, ET Retail
ITC Foods is turning its attention to consumers aged 45 and above, a group frequently overlooked for younger demographics. Known for brands like Aashirvaad atta and Sunfeast biscuits, ITC is launching
Govt has to cut GST and improve farming processes to increase demand for coffee: Praveen Jaipuriar, CEO, Continental Coffee, ET Retail
The government must identify areas such as availability, product costs and purchase barriers that directly impact coffee consumers if it wants to boost the beverage’s demand in India, says Prave
Itc: Top FMCG brands bet big on functional food market, Retail News, ET Retail
Major food companies including ITC, Adani Wilmar, Tata Consumer, BigBasket, and Emami Agrotech are now prioritising functional foods tailored for health-conscious consumers. These products, ranging fr
Bikaji Foods acquires 55% stake in Ariba Foods for Rs 60.5 cr, ET Retail
“This strategic move not only strengthens our capacity for export growth but also supports our entry into the QSR segment. By integrating Ariba’s state-of-the-art production capabilities,