Marico shares jump 3% as biz operations resume in Bangladesh
Marico, which generates 44% of its international revenue from Bangladesh, says the medium-term prospects of business in the neighbouring country remain intact.
consumer goods
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'China Plus One' narrative sinks as Chinese share of global exports rises
China's share in the global exports market has increased by 1.7% in the last five years
Anil Gupta of Havells richest among consumer cos
Anil Rai Gupta of Havells India leads the consumer goods category.
Bajaj Consumer Care shares jump 10% on robust Q4, dividend declaration
The FMCG arm of Bajaj Group has declared a final dividend of 500% aggregating to ₹5 per share, on equity shares of the face value of ₹1 each for FY23.
Godrej Consumer in talks to acquire Raymond's consumer care biz; stock down 3%
Earlier this month, Godrej Consumer announced an investment of ₹100 crore in Early Spring, a new early-stage fund being set up by Spring Marketing Capital.
The Consumption Dilemma
While Budget 2023 promises more disposable income, private consumption is unlikely to increase in a hurry.
Covid-19: FMCG cos battle ready, but logistics a concern
Vivek Gambhir, MD and CEO of Godrej Consumer Products, says despite a short-term spike in demand, the sector isn’t immune to a broader slowdown.
Covid-19: FMCG sees volume gains, but future uncertain
With consumers resorting to panic buying, FMCG companies will likely see an uptick in volume in March, but retail shelves have started emptying out in many areas.
Future Consumer inks MoU with Choithrams
FCL will leverage the Dubai-based retail major’s reach to export and distribute their core brands across categories.
FMCG growth to slow down to 11-12% in the election year: Nielsen
The industry registered a healthy 13.8% growth in 2018.
