Mumbai (Maharashtra) [India], September 23: Funds advised by Convergent Finance LLP (‘Convergent’) have participated in Hindustan Foods Limited’s (‘HFL’) preferential allotment with an investment of INR 1,600 million (USD 19 million). The investment, after the preferential allotment is appro
Reliance Consumer Products, the fast-moving consumer goods arm and a fully-owned subsidiary of Reliance Retail Ventures, on Friday announced the expansion of its beverage portfolio with the launch of a cricket-themed drink, Campa Cricket.
New Delhi [India], August 24: Despite continuous supply chain challenges, the international trade sector for Fast-Moving Consumer Goods (FMCG) is seeing extraordinary growth. Despite these hurdles, industry specialists like Yash Patel, one of the youngest FMCG International Trading specialis
New Delhi [India], July 26: Jumppers, a booming electric vehicle-based last-mile delivery start-up, recently secured Undisclosed funding from Lipi Data Systems Ltd. and Velocity Cap Investment LLC Fund, a Dubai-based Investment Firm. The funding will boost the aim of the company in boosting
Revenue of the fast-moving consumer goods (FMCG) sector is expected to grow 7-9 per cent this fiscal 2023-24, a tad slower than the 8-9 registered in the past two fiscals, according to Crisil Ratings.
Patanjali Foods has posted a 12.49 per cent rise in its profit after tax to Rs 263.71 crore for the quarter ended March 31, 2023, against Rs 234.43 crore in the year-ago period.
Reliance Consumer Products (RCPL), fast-moving consumer goods arm of Reliance Retail Ventures (RRVL), has completed the acquisition of 51 per cent controlling stake in Lotus Chocolate Company for an aggregate consideration of Rs 74 crore
The food products scrutinised included various range of products like health supplements, organic products, fast-moving consumer goods (FMCG) products, staples, etc, and the claims identified include various health claims, product claims etc, according to a statement from FSSAI.
The fast-moving consumer goods firm has posted a jump of 42 per cent in its standalone revenue to Rs 8,514 crore against Rs 5,995 crore in the year-ago period.
The fast-moving consumer goods (FMCG) company also said its revenue grew 6 per cent during the reviewed quarter. The quarterly revenue growth stood at 8.5 per cent on a constant currency basis.
Mumbai (Maharashtra) [India], August 29 (ANI): Reliance Retail will launch an FMCG (Fast Moving Consumer Goods) business this year, announced the company's Director Isha Ambani.