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Consumer Goods

Retail tomato prices drop 22% after October surge as supply strengthens

Retail tomato prices drop 22% after October surge as supply strengthens

Mon, Nov 18, 2024

Retail tomato prices declined 22.4 per cent month-on-month on improved supplies across the country, the Consumer Affairs Ministry said on Sunday. The all-India average retail price of tomatoes stood at Rs 52.35 per kg on November 14, down from Rs 67.50 per kg on October 14, according to an official statement.

New trend of sales of FMCG companies

New trend of sales of FMCG companies

Wed, Sep 25, 2024

Quick commerce gives power to FMCG, new trend of sales of FMCG companies, emphasis on online shopping for food and drinks, which FMCG companies benefit?, know complete details.

Silver Consumer Electricals Private Limited poised for exponential growth, valued at enterprise value of Rs 3,600 crore

Silver Consumer Electricals Private Limited poised for exponential growth, valued at enterprise value of Rs 3,600 crore

Thu, Jul 04, 2024

Silver Consumer Electricals Private Limited, a beacon of innovation and excellence in the consumer electricals industry, embarks on a new chapter of success and expansion. Under the dynamic leadership of Vinit Bediya, the Managing Director, Silver has achieved remarkable ten-fold growth in the last five years. Vinit has fostered an ownership-driven work culture anchored in strong values and corporate governance standards.

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Jubilant FoodWorks shares drop 7% as CEO steps down

Jubilant FoodWorks shares drop 7% as CEO steps down

Tue, Sep 20, 2016

Kaul will continue his role till March 2017.

Hardcastle to invest Rs 750 crore on McDonald's expansion

Hardcastle to invest Rs 750 crore on McDonald's expansion

Sun, Sep 18, 2016

Hardcastle Restaurants, the franchisee of McDonald's for West and South India operations, plans to invest Rs 750 crore in next 5-7 years to double the outlets of the fast food chain to 500 in the two regions.

Patanjali moves high court against ASCI; Dabur adds fume to the battle

Patanjali moves high court against ASCI; Dabur adds fume to the battle

Fri, Sep 16, 2016

Following the complaint from Dabur, ASCI directed Patanjali to either withdraw or modify its advertisement.

Mallya’s Goa villa, cars up for grabs at Rs 85 crore

Mallya’s Goa villa, cars up for grabs at Rs 85 crore

Tue, Sep 13, 2016

The 17 bank consortium led by State Bank of India will be auctioning embattled businessman, Vijay Mallya’s Goa villa at a reserve price of Rs 85.29 crore.

Coca-Cola sign in Australia sells for $75,000

Coca-Cola sign in Australia sells for $75,000

Tue, Sep 13, 2016

An Australian auction to sell off a massive iconic Coca-Cola signage in Sydney has come to an end with over $75,000 received from local and overseas bidders, authorities said on Tuesday.

Jubilant FoodWorks stock drops 1.5% as it turns vegetarian for nine-days

Jubilant FoodWorks stock drops 1.5% as it turns vegetarian for nine-days

Mon, Sep 12, 2016

Earlier too, Domino's had turned vegetarian during this festive period, but only at selected stores and not for delivery orders.

United Breweries Holdings Q4 net loss narrows to Rs 43 crore

United Breweries Holdings Q4 net loss narrows to Rs 43 crore

Thu, Sep 01, 2016

United Breweries (Holdings) Ltd today reported narrowing of its standalone net loss at Rs 43.14 crore for the fourth quarter ended March 31, 2016. The company had posted a net loss of Rs 373.73 crore during the same period of the previous fiscal.

‘Work In Progress': India to grow at 7.6% this year, RBI says

‘Work In Progress': India to grow at 7.6% this year, RBI says

Tue, Aug 30, 2016

RBI, in its annual report, said, "Expectations of a good monsoon (which has already started to show some positive signs) coupled with more money in the hands of government servants (as a result of the implementation of the 7th Pay Commission recommendations) should boost consumer demand."

SC asks banks to respond to Mallya's plea against contempt notice

SC asks banks to respond to Mallya's plea against contempt notice

Mon, Aug 29, 2016

The Supreme Court on Monday asked the consortium of banks led by the State Bank of India to respond to beleaguered liquor baron Vijay Mallya`s plea seeking the recall of the notice of contempt for allegedly not making full disclosure of all the assets owned by him and his family as directed by th

Rules say we need Mallya to appear before Supreme Court: Attorney General

Rules say we need Mallya to appear before Supreme Court: Attorney General

Mon, Aug 29, 2016

The Supreme Court trial for hearing the banks’ plea against Vijay Mallya concluded with the attorney general, Mukul Rohtagi, appearing for the banks, saying that the businessman has breached court order by not appearing in front of it.

Apex court to hear banks’ plea against Vijay Mallya today

Apex court to hear banks’ plea against Vijay Mallya today

Mon, Aug 29, 2016

The Supreme Court will hear Kingfisher Airlines' 17-lender banks’ plea against Vijay Mallya on Monday, in the on-going proceedings of the beleaguered liquor baron.

Vijay Mallya case: Serious frauds office starts investigating top PSB bankers

Vijay Mallya case: Serious frauds office starts investigating top PSB bankers

Mon, Aug 29, 2016

The Serious Fraud Investigations Office (SFIO), the government agency that investigates white collar crimes, has widened its search to include bankers and former heads of public sector banks.

Tata Sons only Indian company to feature on ‘100 most valuable brands list’

Tata Sons only Indian company to feature on ‘100 most valuable brands list’

Sun, Aug 28, 2016

Tata Sons’ 36 brands were no match to world’s most valuable brand – Apple which has a handful of brands under its legacy. However, Tata Sons was the only Indian company to feature on Brand Finance’s 100 most valuable brands' list.

Monsanto lobbies with US lawmakers on Indian regulatory issues

Monsanto lobbies with US lawmakers on Indian regulatory issues

Sun, Aug 28, 2016

Facing roadblocks in India over sale of its genetically modified products, global seeds giant Monsanto is engaging in hectic lobbying with US lawmakers to seek their support for its interest in the fast-growing Indian market.

Welspun faces new probe from Bed Bath, shares pressured

Welspun faces new probe from Bed Bath, shares pressured

Thu, Aug 25, 2016

U.S. retailer Bed Bath & Beyond said it ordered an external audit of textiles from Welspun India, putting more pressure on the embattled Indian bedding and towel maker that has seen nearly half its market value wiped out this week.

Is Cyrus Mistry planning to sell Tata Global's China operations?

Is Cyrus Mistry planning to sell Tata Global's China operations?

Thu, Aug 25, 2016

TGBL (formerly known as Tata Tea) had entered into a JV with Zhejian Tea Import and Export to manufacture and market green tea and other value added products

Myntra clocks $1 billion run rate in annualized GMV

Myntra clocks $1 billion run rate in annualized GMV

Wed, Aug 24, 2016

Myntra, India's leading platform for fashion brands and pioneer in m-commerce play, has crossed $1 billion run rate in annualized GMV post discounts in July 2016. This is the first time ever that an Indian fashion brand has recorded $1 billion run rate in annualized average GMV.

Coca Cola suspends India plant operations over pollution issue

Coca Cola suspends India plant operations over pollution issue

Fri, Aug 19, 2016

Coca-Cola has temporarily halted operations at a bottling plant in northern India over alleged environmental violations, an ongoing controversy which has dogged its factories in the country.

Bank loan fraud: ED attaches Rs 10 crore assets of Tamil Nadu firm

Bank loan fraud: ED attaches Rs 10 crore assets of Tamil Nadu firm

Fri, Aug 19, 2016

Enforcement Directorate has attached assets worth over Rs 10 crore of a Tamil Nadu-based firm in connection with its money laundering probe in an alleged bank loan fraud estimated at Rs 50 crore.

Now, you can import consumer goods upto Rs 50,000 in duty free

Now, you can import consumer goods upto Rs 50,000 in duty free

Thu, Aug 18, 2016

The import of consumer goods has been increased upto Rs 50,000 in duty free from the earlier limit of Rs 2,000.

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