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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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Nestle says Maggi sales in India on the rise

Nestle says Maggi sales in India on the rise

Thu, Aug 18, 2016

Nestle, while announcing its global results on August 18, said that the Indian market is gaining momentum a year after the Maggi noodle withdrawal from the market.

CBI registers fresh case against Mallya on SBI's complaint

CBI registers fresh case against Mallya on SBI's complaint

Sat, Aug 13, 2016

The Central Bureau of Investigation (CBI) on Saturday registered a fresh case against liquor baron Vijay Mallya under Section 420 of the Indian Penal Code (IPC) in connection with State Bank of India loan default case.

Independence Day e-commerce sales: Are you really getting 'attractive offers'?

Independence Day e-commerce sales: Are you really getting 'attractive offers'?

Sat, Aug 13, 2016

Most major e-commerce websites are in the middle of their Independence Day sales with huge discounts, some even going up to 80% off, or more on several products.

Tata CLiQ’s ‘Dependence sale’ offers multiple discounts till this Independence Day

Tata CLiQ’s ‘Dependence sale’ offers multiple discounts till this Independence Day

Fri, Aug 12, 2016

Tata group’s multi-brand phygital (physical + digital) ecommerce platform, Tata CLiQ launched its first ever Dependence Sale. This sale is in keeping with the 70th year of independence of India.

Macy shares up 16% as investors embrace plan to shut 100 stores

Macy shares up 16% as investors embrace plan to shut 100 stores

Thu, Aug 11, 2016

Shares of Macy's surged on Thursday as investors embraced a plan to close 100 stores in the US and boost investment in e-commerce. In late-morning trade, Macy`s was up 16.1 percent at $39.48.

GST Bill: How will it impact realty, consumer goods, auto, pharma

GST Bill: How will it impact realty, consumer goods, auto, pharma

Thu, Aug 04, 2016

Sachin Menon, Partner and Head, Indirect tax at KPMG India said, " With the passage of the bill in Rajya Sabha, the action will now shift to the corporate world. Due to the uncertainty on the fate of GST, many of the companies remain unprepared for the implementation of GST. "

Couches to jet: Mallya assets to go under hammer for Rs 700 crore

Couches to jet: Mallya assets to go under hammer for Rs 700 crore

Sun, Jul 31, 2016

As the lenders and tax authorities cool their heels for Vijay Mallya to return to India, they will put under hammer next month assets worth over Rs 700 crore of the embattled businessman's long-defunct Kingfisher Airlines.

ITC Q1 net profit up 10% to Rs 2,385 crore

ITC Q1 net profit up 10% to Rs 2,385 crore

Thu, Jul 21, 2016

India's fast moving consumer goods company ITC on Thursday posted over 10% rise in standalone net profit for the first quarter (Q1) ended on June 30, 2016.

Reliance Jio records 44% rise in 4G data usage

Reliance Jio records 44% rise in 4G data usage

Sat, Jul 16, 2016

Reliance Jio Infocomm Ltd (Reliance Jio) has an average monthly consumption per user is in excess of 26 GB and is increasing rapidly, according to a Reliance Industries Ltd (RIL)'s Q1 FY17 financial report.

Two day Amazon sale offers up to 80% discounts on purchase

Two day Amazon sale offers up to 80% discounts on purchase

Thu, Jul 07, 2016

One of India’s largest e-commerce websites – Amazon, announced a two day sale which commenced on July 7. Discounts up to 80% are attainable during this 48 hour sale.

Can Forever 21 make Aditya Birla India’s biggest fashion player?

Can Forever 21 make Aditya Birla India’s biggest fashion player?

Wed, Jul 06, 2016

Aditya Birla Fashion and Retail Ltd (ABFRL) is buying fashion chain Forever 21 from Diana Retail Pvt Ltd for $26 million. The company said that the acquisition would help the Group in becoming the largest integrated branded fashion player in the country. Can it?

Now book flights, hotels, and order food via Snapdeal

Now book flights, hotels, and order food via Snapdeal

Mon, Jul 04, 2016

One of India’s leading e-commerce website—Snapdeal—is diversifying. The company, on Monday, said that customers can now book flights, hotels and order food through its website or mobile application.

Myntra's EORS adds products worth Rs 700 crore to wish list on day 1

Myntra's EORS adds products worth Rs 700 crore to wish list on day 1

Sun, Jul 03, 2016

In the run up to the opening of the sale at 12 am on Saturday, around Rs. 700 crore worth of products were added to the EORS wish list (A special feature offered for EORS-4).

2000 fashion brands, 80% discount in just two day End of Reason sale: Myntra

2000 fashion brands, 80% discount in just two day End of Reason sale: Myntra

Wed, Jun 29, 2016

Breaking away from its traditional ‘End of Season’ sale, which lasts nearly 6-7 days, Myntra will now host their ‘End of Reason Sale’ (EORS) for a period of just two days on July 2nd and 3rd.

H&M to open new outlets at Mumbai, Pune and Chennai

H&M to open new outlets at Mumbai, Pune and Chennai

Wed, Jun 22, 2016

Swedish fashion retailer Hennes and Mauritz (H&M) has announced that it will be coming to a few more stores in India. Its clothing line will be available at Express Avenue Mall in Chennai, Inorbit mall in Mumbai and Westland mall in Pune.

$500 million cost-cutting plan may cause Mcdonald's to outsource jobs to India

$500 million cost-cutting plan may cause Mcdonald's to outsource jobs to India

Sat, Jun 18, 2016

Fast food giant McDonald's may be planning to outsource jobs to India as part of a $ 500 million cost reduction plan it announced last November, a media report said.

United Breweries down over 2% on Mallya exit talks

United Breweries down over 2% on Mallya exit talks

Thu, Jun 16, 2016

Shares of United Breweries Ltd fell by over 2 % today amid intense speculation that its Chairman Vijay Mallya may have to step down soon and sell his shares due to tightening of noose by markets regulator Sebi.

GSPC's Rs 19,500-crore loan to turn bad if ONGC doesn't buy stake

GSPC's Rs 19,500-crore loan to turn bad if ONGC doesn't buy stake

Sun, May 29, 2016

State-owned ONGC is mulling buying majority stake in GSPC's Krishna Godavari basin gas block which will help prevent the Gujarat government firm's Rs 19,500 crore loan from turning into an NPA.

Govt backtracks on BT Cotton royalty fee; did Monsanto's 'quit India' threat work?

Govt backtracks on BT Cotton royalty fee; did Monsanto's 'quit India' threat work?

Tue, May 24, 2016

The Prime Minister Modi-led government has withdrawn the May 18 notification that capped the royalty fee for new genetically modified (GM) seed technology to 10% for the first five years.

Mercury is touching near 50 in some parts but these guys aren't complaining

Mercury is touching near 50 in some parts but these guys aren't complaining

Tue, May 17, 2016

The heat is on! And no one eagerly awaits the summer more that the air-conditioning companies.

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