'The DNA of Tata Consumer Products is all food and beverage.'
The Bombay High Court on Wednesday rejected an application seeking pre-arrest bail filed by Samville D'Souza, whose name had cropped up in connection with allegations of pay-off in the case of drug seizure in which Aryan Khan, actor Shah Rukh Khan's son, was arrested.
"In the wee hours of October 3, I came to know that the celebrity who was caught on the ship was Aryan Khan. That time Aryan told Gosavi that he wanted to talk to his manager Pooja Dadlani. Gosavi conveyed Aryan's message. That time Gosavi told me that Aryan Khan was clean and no drugs were found in his possession. He said we can help him (Aryan Khan)," D'Souza claimed.
Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as "baseless". Tata in a 50:50 joint venture with US-based Starbucks Corporation operates a cafe chain in India under the brand name of Starbucks, which is the leading cafe chain in India.
'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'
Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the pace of urban consumption. Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike. HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption, which according to industry experts forms 65-68 per cent of FMCG total sales.
The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss.
Film folk took to social media to share adorable pictures and messages for her daddies on #HappyFathersDay.
Anees Bazmee, who is basking in the success of Bhool Bhulaiyaa 3, celebrates 45 years in the film industry.
'We are seeing signs of improvement in rural overall in terms of demand, but I would still keep my fingers crossed.'
The Tata group firm has enhanced its product portfolio through "targeted acquisitions" as it aspires to be a formidable player in the FMCG category, said Chandrasekaran, who is also the chairman of Tata Sons. Besides, it has stepped up the pace of innovation across markets in line with consumer trends such as health and wellness and convenience, he said in his message to shareholders in the latest annual report of TCPL.
'Will make sure that we create value. We will again look for organic and inorganic opportunities.'
Shardul Thakur's hat-trick and unbeaten half-centuries from skipper Ajinkya Rahane and Siddhesh Lad helped Mumbai build a 127-run lead against Meghalaya/
Leading FMCG companies in the country are expecting their sales growth numbers in high double digit in the April-June quarter, a period when the broader market was severely impacted by the second wave of the COVID-19 pandemic. FMCG companies such as Godrej Consumer Products Ltd (GCPL) and Marico, in their quarterly updates to bourses, informed about double-digit sales growth. While Tata Consumer Products Ltd (TCPL) MD and CEO Sunil D'Souza in an interview had told PTI, the Tata Group FMCG firm expects higher growth in the Q1/FY'22 over Q4/FY'21.
Arpita Khan and Aayush Sharma invited their friends from the industry over for their annual Eid party.
Addressing a press conference in Mumbai, Bharatiya also alleged that Deshmukh had met a drug peddler and Underworld don Dawood Ibrahim's aide Chinku Pathan at the Sahyadri state guest house in Mumbai when a strict lockdown was in force.
Sohail Khan hosted his 49th birthday party at his home, and invited his family and friends over. Pictures from the party.
Maharashtra minister Nawab Malik on Sunday alleged that Narcotic Control Bureau's Mumbai zonal director Sameer Wankhede was part of a plot to 'kidnap' Aryan Khan, the son of Bollywood superstar Shah Rukh Khan.
With a revival in demand and consumption, FMCG companies are looking forward to 2022 with positivity and hopes of sustaining a healthy growth trend across both rural and urban markets while gearing up to cater to the ever-increasing digitally active consumers and tackle the challenge of higher commodity prices. Health and wellness and convenience are going to remain key trends and FMCG companies are strengthening their core brands, driving premiumisation across their portfolios with targeted innovations as consumers are gravitating towards trusted brands looking for quality, purity and hygiene, in continuation of the trend that started since the pandemic last year. FMCG makers are accelerating digitalisation and are investing in building capability in e-commerce and Direct-to-Consumer channels, identifying it as a key vector of their growth as the threat of a possible third wave is still not away.
Director Milap Zaveri, who celebrated his 40th birthday on November 14, held a special screening of his film Marjaavaan.
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
It was a double celebration for Aayush Sharma, as his birthday coincided with the trailer launch of his next film, Antim: The Final Truth.
The midfielder will lead India at the Azlan Shah tournament in Ipoh, Malaysia, from May 5 to 15.
Producer Krishan Kumar and his wife Tanya threw a grand Diwali bash, and invited all their friends over.
Mumbai-born real estate developer Sunil Puri, like the other Obama delegates from Illinois, Ann Lata Kalayil and Selma D'Souza, has also known Barack Obama long before his run for the United States Senate in 2004 'through mutual friends who are also state legislators'.
Salman Khan brought in his 54th birthday with a grand party with his family and friends. He cut a cake with his Dabangg 3 team by his side.
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The Adelaide Oval was 'under virtual siege' as Indian fans took complete control of the city, outnumbering their Pakistani counterparts in Sunday's marquee clash between the arch-rivals in the ICC World Cup.
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