In a chat, Saugata Gupta, MD & CEO of Marico says the company had one or two quarters where sales performance was relatively muted due to external circumstances…READ MORE
KEEP READINGIn August, Nandan Nilekani-backed B2B ecommerce startup ShopX was approached by Marico to stock and distribute the consumer goods giant’s new range of deodorants at local stores in small towns and cities…READ MORE
KEEP READINGMarico started selling Saffola soups last week, entering a Rs 450 crore segment that is dominated by Hindustan Unilever and Nestle…READ MORE
KEEP READINGIndian consumers are spending on packaged food and personal care products but holding back on apparel and fashion in the run-up to Diwali. Companies across sectors are pinning their hopes on a robust festive season, following three muted quarters in the wake of last November’s demonetisation and the July 1 rollout of the goods and services tax (GST)…READ MORE
KEEP READINGAmazon is banking on multiple levers to expand its reach. Hence, retail as well as FMCG players will see much more action in the coming days as the offline-online partnership gathers momentum…READ MORE
KEEP READINGMarico CEO and MD Saugata Gupta says he is clear he is not looking to build a mass foods business driven by volume growth…READ MORE
KEEP READINGWith operations in Bangladesh witnessing growth once again, FMCG major Marico Ltd will look to accelerate the diversification of its non-coconut oil-based offerings there. Incidentally, Bangladesh accounts for 44 per cent of the company’s international business. In FY17, the turnover from the international business stood at Rs 1,356 crore…READ MORE
KEEP READINGMarico chairman Harsh Mariwala says the impact of the Patanjali brand on his company’s market share has been ‘low’…READ MORE
KEEP READINGHarsh Mariwala, CMD, Marico, in an interview to ET Now said that with reduction in number of exemptions, the government can increase tax collection…READ MORE
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