Company to focus on manufacturing & distribution.
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.
This is an effect of general slackening in economic growth; however, this is not true of digital media, where business is booming.
Importers protest as food safety regulator demands adherence to recent law on labelling, blocks entry at ports for packs with stickers.
Chocolate majors, home and surface cleaning companies, beauty brands say that business has been brisk this festive season.
In 2011, RB and TTK had dragged each other to court over TTK-LIG, the joint venture set up for manufacturing condoms.
In the last few years, zero per cent financing has become quite attractive as consumers aspire to buy the latest products, especially in categories such as mobile phones and television sets.
Using apps allows AdNear to optimise the number of ad impressions but the push towards stricter privacy norms could pose a challenge.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
In his petition to the Company Law Board filed on September 9, Bakshi said McDonald's began 'arm-twisting' him to sell his entire shareholding in Connaught Plaza Restaurants, the equal joint venture between him and McDonald's since 2008, at an 'undervalued' price of $5 million, later raised to $7 million.
FSSAI will put the draft guidelines in front of a seven-member expert committee.
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High retail inflation is exerting pressure on households to cut expenses wherever possible.
Women have been and continue to be an integral part of Tata Global Beverages' business, across the world, says Cyrus Mistry.
Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.
The four major Hindi general entertainment channels -- STAR Plus, Sony, Colors and ZEE -- have all launched music and dance reality shows in the 9-pm slot on weekends.
Despite slowdown, smaller firms attract growth capital.
Britannia, which last week announced a management rejig putting COO Varun Berry in charge of Indian operations, has always believed in quickly identifying new trends in the food and beverage segment.
Prime property rates in South Mumbai at Rs 60,000 a sq ft remain high despite a slowing realty market.
Impending launch of Oral-B toothpaste in India, recent spate of product launches in other developing markets indicate shift in strategy.
Unlike their struggles elsewhere, Japanese majors Sony and Panasonic show no sign of fatigue in India, as consumers continue to lap up their products here.
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