Viveat Susan Pinto

In 1993, when Ramesh Chauhan, entrepreneur and promoter of the Bisleri brand of bottled water, sold his soft drinks business to Coca-Cola for $60

As rural areas show a revival in demand for fast-moving consumer goods (FMCG) products, the average FMCG basket size is growing, a new report by agencies Kantar and GroupM shows.

Mumbai-based Asian Paints finds itself in a hard place after delivering a weak set of numbers for the third straight quarter in a row. The September quarter (Q2FY25) was the weakest yet, marked by a 5.3% drop in consolidated revenue to Rs 8,003 crore and a 480 basis points decline in operating margin to 15.4%. Consolidated net profit fell 42% to Rs 695 crore.

85% of private equity deals fall through

Britannia had on Monday posted a Q2 net profit fall of 9.4% year-on-year to Rs 586.5 crore and a 5% rise in revenue to Rs 4,667.6 crore amid muted demand conditions.

The company added nine stores after its recent initial public offering in September, taking its store count to 48 outlets in Maharashtra.

Prices of edible oils such as palm, soya and sunflower have surged over 10-15% in the last one month after a recent import duty hike by the government.

Move to relinquish MD position at Zee aimed at placating shareholders ahead of AGM, say lawyers, proxy advisory firms

Birla Opus, the paints business of Aditya Birla Group's Grasim Industries, is ramping up its utilisation levels as it eyes $1 billion in revenue in the next three years.

Ratings agency Moody's on Thursday said that the indictment of Adani and other senior officials was "credit negative" for the group.