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Jan 13, 2025 | 
rediff.com | Sharleen D'Souza |Amritha Pillay
Fast-moving consumer goods (FMCG) companies are expected to witness pressure on volumes in the October-December quarter. However, price hikes will help push up revenues, said brokerages. The volumes may be impacted as persistent weak urban demand may play out in the performance of consumer companies in the third quarter (Q3) of 2024-25 (FY25).
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Dec 5, 2024 | 
rediff.com | Sharleen D'Souza
Fast-moving consumer goods (FMCG) distributors’ association has written to the finance ministry, highlighting concern over fund utilisation and fund accumulation by quick commerce companies and deep discounting of goods on their platforms.
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Nov 11, 2024 | 
rediff.com | Sharleen D'Souza
After trying to make a dent in the cola market with Campa by offering higher trade margins to the supply chain, Reliance Consumer Products is betting on the same strategy to capture the chips, namkeen, and biscuits market in the country’s booming snacks sector. The Mukesh Ambani-led company is offering super stockists around 6.5 per cent, nearly double the typical trade margin of around 3-5 per cent (including performance-based incentives), from other brands in these categories.
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Nov 11, 2024 | 
rediff.com | Sharleen D'Souza |Aryaman Gupta
The Food Safety and Standards Authority of India (FSSAI) has sought a meeting with quick-commerce (qcom) platforms like Blinkit, Swiggy Instamart and Zepto on Tuesday to discuss issues regarding violations of food safety standards, according to sources familiar with the matter. IMAGE: Kaivalya Vohra, co-founder and Aadit Palicha, CEO, Zepto.
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Nov 1, 2024 | 
rediff.com | Sharleen D'Souza
'Only 20 per cent of families in India buy cheese twice a year.'Kindly note the image has been published only for representational purposes.. Two years after announcing its joint venture, Britannia Industries and Bel Group last week inaugurated their first cheese factory in Ranjangaon, Maharashtra, with an investment of Rs 220 crore.
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Oct 28, 2024 | 
rediff.com | Sharleen D'Souza
With crude palm oil prices on the rise, companies have started to jack up rates of soaps and edible oils in order to pass on the hike to consumers. A migrant worker pushes a cart as he collects bunches of palm oil fresh fruit during harvest at a plantation. Crude palm oil, one of the main ingredients in the manufacture of some consumer goods, saw a price rise of 45.2 per cent in the last three months.
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Oct 23, 2024 | 
rediff.com | Sharleen D'Souza
While there was a 6 to 7 per cent increase in volume compared to last year in the first few days of the month which coincided with festivals, a large part of the demand is yet to hit the market. IMAGE: People throng a market in Ahmedabad, October 21, 2024, to shop ahead of the Diwali festival. With just a week to go for Diwali, the countdown has begun for the biggest shopping season in the country. But the mood is still not quite upbeat.
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Oct 12, 2024 | 
rediff.com | Sharleen D'Souza
'All competitors are sourcing within the country, so we'll be at the same level of competition.'Carrefour is planning to expand in India through a cluster format and also considering entry into quick commerce.
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Oct 10, 2024 | 
rediff.com | Sharleen D'Souza
Will it be Noel Tata, Ratan Tata's half brother? IMAGE: Noel Tata addresses the Tata Steel Founder's Day celebration in Jamshedpur to commemorate Jamshetji Tata's birth anniversary. With his son Neville by his side, Noel Tata, 67, was the face of the Tata family at Ratan Tata's funeral on Thursday. As India's top leaders and business tycoons paid homage to the titan, Noel, known for establishing the retail giant Trent, maintained a calm and composed demeanour.
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Sep 7, 2024 | 
rediff.com | Ishita Ayan Dutt |Sharleen D'Souza
West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver. IMAGE: People perform a street play during a protest condemning the rape and murder of a trainee medic at a government-run hospital in Kolkata, August 28, 2024. It's a scene unfamiliar to New Market. The flow of customers at this giant shopping arcade from the colonial era has dwindled to a trickle. Shop owners are idling, and cars breeze along nearby Lindsay Street, otherwise a torment for commuters.
