Exclusive

Publication

Byline

US tariffs threaten to slow Indian garment sector's growth, hit profitability

Mumbai, Aug. 26 -- Revenue growth of the domestic readymade garment (RMG) industry is projected to slow to 3-5% this fiscal year, after the US imposed a steep 50% duty on India's imports to the world'... Read More


Uniqlo aims to triple India revenue to Rs.3,000 crore, double stores in 3 years

New Delhi, Aug. 25 -- Japanese retailer Uniqlo, part of The Fast Retailing Group, is on track to more than double its store count and triple its revenues in the Indian market over the next three years... Read More


HUL names Niranjan Gupta CFO as Ritesh Tiwari moves to global role at Unilever

Mumbai, Aug. 21 -- Consumer goods major Hindustan Unilever Ltd (HUL) on Thursday announced the appointment of Niranjan Gupta as chief financial officer-designate and member of the HUL Management Commi... Read More


Indian consumers snap up new FMCG categories as companies expand reach

Mumbai, Aug. 21 -- Consumers across rural and urban India are increasingly experimenting with newer fast-moving consumer goods (FMCG) formats, ranging from fabric softeners and washing liquids to sauc... Read More


Online marketplaces influence 73% of purchases: Deloitte-Ficci report

Mumbai, Aug. 20 -- Consumers are increasingly relying on digital channels for their purchases, with online marketplaces being the most influential in shaping buying decisions, according to a report by... Read More


Simone Tata admitted to Mumbai's Breach Candy Hospital

Mumbai, Aug. 19 -- Simone Tata, the 95-year-old mother of Noel Tata and stepmother of the late Tata Group chairman Ratan Tata, has been admitted to Breach Candy Hospital in Mumbai following a severe i... Read More


GST relief to boost consumer spending, lift FMCG sector's growth

Mumbai, Aug. 17 -- Prime Minister Narendra Modi's Independence Day announcement of long-awaited Goods and Services Tax (GST) reforms has raised hopes of consumer goods becoming cheaper, giving relief ... Read More


FMCG giants focus on online advertising

mumbai, Aug. 15 -- Hindustan Unilever Ltd, Marico Ltd, Godrej Consumer Products Ltd, and other consumer goods companies are allocating 30-50% of their media budgets for online advertising, in a shift ... Read More


United Spirits hikes liquor prices 30-35% in Maharashtra after excise duty surge

NEW DELHI, Aug. 14 -- United Spirits Ltd (USL), the Indian arm of global liquor major Diageo Plc, has hiked liquor prices in Maharashtra by 30-35%, following the state government's decision to raise e... Read More


Rural sector, small towns boost FMCG Q1 sales by 14%, small packs rule

Mumbai, Aug. 14 -- India's fast-moving consumer goods (FMCG) industry reported a 13.9% year-on-year (y-o-y) sales growth in value terms and a 6% rise in volumes during the quarter ended June, powered ... Read More