Though private labels comprise 10 to 12 per cent of the overall FMCG volumes, analysts said they were recording double-digit growth annually and could pose problems for the big players in the near future.
The company is in talks with young star Ranveer Singh to replace Salman
To launch in BIG Cinemas in India, abroad. Brother Mukesh Ambani might be the king of retail, but Anil Ambani's ADAG is getting ready to make its presence felt in branded food products
Some of the tickets are now selling for 1,050 dollars per person on the musician's official website.
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
With a new campaign for Gatorade and renewed thrust on sports drinks, PepsiCo looks to make the most of the growing passion for fitness in the country.
Nooyi said India is a large vibrant market and should focus on developing India-specific strategies to sustain it.
Christened Smart Choice, PepsiCo launched the first such cafe in Chennai recently to promote its key category -- the health segment - which was marketed under the name Snack Smart.
"On demonetisation, across the board for pretty much all of industry, and CPG (Consumer Packaged Goods) in particular because it hit the individual retailer significantly, demonetisation had a significant impact on our India business in Q4," Nooyi said during an earnings call for Pepsi's fourth quarter that ended on December 2016.
Liquor-baron Vijay Mallya today virtually asked the Gujarat government to lift prohibition in force in the state.
Test marketing of bio beer was done some two years ago and there was tremendous response in several places, Dr B Srinivas Amarnath of Advaith Biotech Bangalore, who produced it after several years of research, said in Puducherry on Saturday launching the beverage in the burgeoning beer market of Puducherry.
However, the Appellate Body declined to make any recommendations to the WTO's dispute settlement body what India should do in the light of its ruling. The government has already removed the additional duty on wines and spirits last year. Similarly, it exempted various products from the extra duty, making the case redundant.
Adobe System's chief executive officer Shantanu Narayen and beverage major Pepsico's Indra Nooyi have been ranked at the 16th and 17th places, respectively in the list of 25 'top gun CEOs' for 2009 who kept their firms thriving amid the recessionary situation. The list is topped by business solutions provider Automatic Data Process's Gary C Butler and the magazine said he was 'extremely strong at strategic planning and overall execution.'
Sales of refrigerators were higher this year versus last year.
The services sector had slipped into contraction in July as confusion caused by the GST rollout triggered a dip in new business orders.
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.
Not a Starbucks in sight! Forbes Traveler takes the high road to the coffee-growing climes from Jamaica to Sumatra.
Germans started adjusting to a new world on Thursday, brushing off any notion that a shock humiliation in the soccer World Cup
Retailers, especially food and grocery chains, are clearly unhappy, saying the ban is impractical
Priced at Rs 75 for a 250ml can, Burn is one of the most successful energy drink from the company's global portfolio.
Focusing on India as a rapidly growing market, US soft drinks giant Pepsico would pump in an estimated Rs 700 crore to set up four new food and beverages projects by 2012.
Arjun Rampal recently shot for an ad with Nicole Kidman when she came down to India last month. The two are endorsing Schwepps, a beverage company.
Being a victim of recurring political unrest over three decades, low productivity and escalating production cost, the Darjeeling tea industry has not been in good financial health over a long time.
For months, Hong Kong's streets have seethed with discontent. Scenes show protesters, sometimes numbering in the hundreds of thousands, many wearing surgical masks and carrying umbrellas that have come to signify resistance. The images are astonishing, and the issues that set the protests in motion are complex. Amid these 11 weeks of protests, here's how daily life unfolds.
Based in Chicago, he will report to PepsiCo Americas Foods CEO John Compton.
After beverages and chips, the US major is now betting big on the biscuits market in India.
As the tides of investments change over time, venture capital funds are shifting their focus to businesses related to consumer demand such as education, media and entertainment, food & beverages and alternative energy.
Prominent luxury hotel groups like JW Mariott, Royal Orchid, Taj and Intercontinental are using the Indian Premier League (IPL) cricket tournament to offer promotional food and beverage (F&B) packages to lure more customers in a sluggish economy.
Having faced sourcing issues for potato in 2008, food and beverage major PepsiCo is planning to ensure supply by introducing farming equipment and technology and new potato seed varieties to decrease chances of crop loss. It also aims to increase the acreage under contract farming by entering new states across the country.
All of these companies are present in India.
Stating that the differential pricing above Rs 12 was "unfair trade practice," Justice J D Kapoor, Delhi State Consumer Disputes Redressal Commission, said: "The process of converting ordinary water into mineral water is the same (for all bottlers) and the quality or purity is also the same. It is immaterial whether mineral water is obtained directly from springs or any other source." Yet, packaged water firms continue to price their 1 litre bottles above this amount.
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