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As Indians lean towards quick gourmet, Domino's, Wendy's, Burger King, McDonald's rejig menus

New Delhi, Nov. 20 -- For long, western fast-food chains in India have bet on low prices and localized fare to grow in scale and scope. They are increasingly now turning to premium bases and ingredie... Read More


After Ambani's and Birla's, Goenka's enter the Indian luxury apparel market

New Delhi, Nov. 19 -- RPSG Ventures Ltd, part of the RP-Sanjiv Goenka Group, on Wednesday approved the acquisition of a 40% stake in FSP Design Pvt. Ltd, the company behind the luxury fashion label Fa... Read More


GST cuts to boost urban demand, especially for packaged food: Marico CEO

New Delhi, Nov. 18 -- Homegrown fast-moving consumer goods (FMCG) major Marico Ltd expects India's urban demand, especially in categories such as packaged foods, to perk up in the coming quarters aide... Read More


FMCG volume growth moderates amid GST transition in September quarter, value up 12.9%: NielsenIQ

New Delhi, Nov. 17 -- India's fast-moving consumer goods (FMCG) sector reported a 5.4% rise in September-quarter volumes, which moderated sequentially on account of the transition to new goods and ser... Read More


Jubilant FoodWorks's profit nearly triples in the September quarter

New Delhi, Nov. 13 -- Jubilant FoodWorks Ltd, which operates Domino's and other quick-service restaurant (QSR) chains in India and overseas, reported a nearly threefold year-on-year rise in profit in ... Read More


An upended market is ending the era of long-serving consumer, retail CEOs in India

New Delhi, Nov. 13 -- India's consumer businesses, once known for stable management and long CEO tenures, are witnessing top-level churn across sectors such as retail and fast-moving consumer goods (F... Read More


Belgium's Lotus Bakeries sets sights on India's middle-class cookie jar

New Delhi, Nov. 13 -- Belgium's Lotus Bakeries, the maker of Biscoff biscuits, is banking on Mondelez's powerful distribution network to reach more middle-income consumers and capture a larger share o... Read More


Britannia CEO Varun Berry quits abruptly, Hargave to take over on 15 Dec

New Delhi, Nov. 10 -- Britannia Industries Ltd on Monday announced a sudden departure of Varun Berry as executive vice-chairman, managing director and chief executive officer (CEO), bringing an end to... Read More


Mint Explainer | How India's FMCG companies navigated sales after structural GST changes

New Delhi, Nov. 10 -- India's fast-moving consumer goods sector navigated a challenging second quarter as the implementation of new goods and services tax rates on 22 September disrupted trade channel... Read More


HUL Q2 preview: Eyes on flat sales growth, muted earnings, a new CEO's plans ahead

New Delhi, Oct. 22 -- Packaged consumer goods company Hindustan Unilever Ltd (HUL) is expected to report flat to 1% year-on-year growth in its September quarter volume sales and revenues on account of... Read More