Mumbai, Dec.29 - The Board of Directors of Tata Coffee Limited has announced that Sanjiv Sarin will be appointed as CEO designate of Tata Coffee Limited with effect from January 8, 2015.
Sarin will assume charge as CEO and MD of Tata Coffee Limited upon the retirement of Mr. Hameed Huq, the current CEO and MD , a compnay press release said. (ANI)
New Delhi: FMCG firm Dabur Wednesday roped in Bollywood actor Anil Kapoor as brand ambassador for its new health supplement product 'Ratnaprash'.
"The company today announced the signing of Bollywood Actor Anil Kapoor as the new brand ambassador for its latest offering Dabur Ratnaprash," Dabur said in a statement.
Commenting in the new product, Dabur India Ltd Category Head-Health Supplements Ajay Parihar said: "This marks a first for Dabur and for the healthcare industry in India. Consumers have always sworn by the health benefits of Dabur Chyawanprash and we are now offering the same immunity and health benefits of Dabur Chyawanprash while enriching it with precious ingredients."
New Delhi: They are called 'Fast Moving Consumer Goods' companies, but it has turned out to be a year of slow business for the FMCG sector, even as movements were quite visible in 2014 among those at the helm of affairs.
For the direct-selling segment of the FMCG space, it was almost a stand-still as head of market leader Amway India got arrested, resulting in louder demands for putting in place a clear-cut regulatory framework for this business to weed out illegal multi-level marketing schemes from genuine operators.
The year also saw change of guard taking place at various major FMCG companies, including HUL, Marico and Britannia.
London, Dec 10 : McDonald's has revealed what really goes into their deep fried snack Chicken McNuggets.
After battling with hoards of rumours like "pink slime" being used to make popular snacks like the McNuggets and the Big Mac, the hamburger giant has now released behind-the-scenes video, which details step by step how they make the meals, the Mirror reported.
In the new campaign, McDonalds says itself: "We've heard just about every rumour out there - so have you."
Washington, Dec 03 : Coca-Cola has recently stated that they will not use the latest milk ads with nude women, which was criticized as " sexist" by the consumers, for their National campaign.
The company published on their website that these ads were part of a test launch that ended in June, E! Online reported.
It was mentioned that in June, they concluded two test markets in Denver and Minneapolis, which allowed fairlife to learn what was working and what they needed to improve for the upcoming national launch.
It further continued that the "pin-ups" advertising might have been eye-catching, but they are taking a totally new approach with all new packaging and advertising.
New Delhi: PepsiCo India's revenue grew in double digits for nine months ended September 6, 2014 making the country amongst the fastest growing emerging markets for the global beverages and snack giant.
"Our developing and emerging markets business has proven to be resilient with high single-digit organic revenue growth year-to-date, including double-digit growth in Egypt and India," PepsiCo Inc Chairman and CEO Indra Nooyi said in an earnings call.
"Even though the political environments are relatively stable, GDP and consumer spending growth remains mixed. Despite these challenges, our businesses performed well in the third quarter and year-to-date," she added.
Kolkata: FMCG company Britannia Industries Limited is planning a capital expenditure between Rs 150 crore and Rs 200 crore over the next two years, its chairman Nusli Wadia said.
"We are going to finalise our plans for a capital expenditure of Rs 150 crore to Rs 200 crore over the next two years," Wadia told shareholders at the company's AGM Tuesday.
Wadia said the capital expenditure would be made on two counts - upgradation and innovation and for creating new capacities.
He also said that the company was willing to have a good market share in the SAARC countries.
New Delhi: FMCG major Godrej Consumer Products Ltd (GCPL) on Monday reported 8 percent increase in its consolidated net profit for the first quarter ended June 30, 2014 at Rs 143.45 crore. The company had posted a consolidated net profit of Rs 132.71 crore in the corresponding quarter of previous fiscal.
Consolidated net sales during the period under review stood at Rs 1,886.26 crore as against Rs 1,722.30 crore in the year-ago period.
The board has declared an 100 percent interim dividend of Re 1 on share of face value Re 1, the company said in a statement.
Anand ( Gujarat), June 19- India's Amul has won the World Dairy Innovation Award-2014 for the best marketing campaign for its "Eat Milk with Every Meal" campaign.
The finalists and winners in the World Dairy Innovation Awards 2014 were announced on June 17 at the 8th Global Dairy Congress in Istanbul, Turkey.
K. M Jhala, Chief General Manager of Amul, received the award.
The entry of the launch of Amul Kool in PET bottle was chosen as a finalist for the best innovation in brand extension.
New Delhi, May 23 : British retailer Marks & Spencer has collaborated with India's wine producer Sula Vineyards for a new offering, Jewel of Nasik.
Jewel of Nasik has three variants - Sauvignon Blanc, Zinfandel Rose and Tempranillo Shiraz - available in 250 stores across Britain.
"We are thrilled to be the first Indian wine to feature in the selection of the world renowned retailer Marks and Spencer," Rajeev Samant, founder and CEO, Sula Vineyards, said in a statement.
Emma Dawson, Marks & Spencer's wine buyer, is also excited about offering customers the brand's first Indian wines.
New Delhi, April 21 : The world's largest snacks compamy Mondelez International Monday said it has changed the name of its Indian subsidiary Cadbury India Limited to Mondelez India Foods Limited.
The change in name of Cadbury is in line with the gradual changeover of the name of all subsidiaries of Mondelez International globally.
"With the change in name of the company to Mondelez India Foods Limited, we conclude the process of transition that began over two years ago," said Manu Anand, managing director of Mondelez India.
According to the latest figures released, the sales of carbonated soft drinks have fallen by three percent in 2013 to its lowest level since 1995.
Beverage Digest, an industry tracker, said that the sale fell 1.2 percent in 2012 and 1 percent in 2011 and fell at 3 per cent, which is faster rate than the previous two years. The data also showed that carbonated soft drink consumption fell to 675 eight-ounce servings per person in the U. S., compared to 701 such servings in 2012, which is lowest since 1986.
Washington, March 23 - Starbucks will be serving alcohol to its customers soon as a part of their "evenings menu".
The company has recently announced that they have been testing their new menu, which consists of flatbreads and chicken skewers and a small variety of beer s and wines, in 20,000 plus locations, E! Online reported.
Chief Operating Officer Troy Alstead said that they have tested it "long enough in enough markets" and there has been a meaningful increase in sales during that time of the day.
FMCG giant Hindustan Unilever Limited (HUL) has announced the elevation of its Chief Financial Officer (CFO) Sridhar Ramamurthy to the post of Senior Vice-President (Finance) for global markets at its parent firm Unilever.
Mr. Ramamurthy will join London-based Unilever as senior vice-president (finance) for global markets on July 1, 2014.
The company said in a filing to the Bombay Stock Exchange (BSE), "He will be part of the global markets executive of Unilever and based in London."
Thorntons chocolates have recorded strong demand for its products in supermarkets as well as in high street stores in the country allowing the company to increase its profitability.
Increased sales in supermarkets and other high-street retailers helped the company record profits during the first half of the year. Thorntons has said that sales in stores including Debenhams and WH Smith were higher than its own stores for the first time during the period in the six months till January.
New Delhi, Feb 18 : Coca-Cola said Tuesday its sales volume increased by one percent in the October-December 2013 period, led by 8 percent jump in India and 5 percent growth in China.
"Our Pacific Group's volume grew 4 percent in the quarter, representing a sequential improvement versus the third quarter year-to-date results. Growth was broad based with 8 percent growth in India, 5 percent growth in China and 3 percent growth in Japan," Coca-Cola said in a statement here.
For the year 2013, the company's volume increased by 2 percent.
World's largest sandwich chain,, Subway has said that it is planning to hire new staff members for its 1,300 new shops in the UK and Ireland.
The increase will take the total number of its stores in the UK and Ireland to 3,000 in the next six years. The company already employs 8,600 people and will significantly boost its work force in the country to meet the increasing demand for its offerings. The company has recorded higher demand especially after the launch of healthier sandwiches and drinks, including a new low-fat flatbread range.
Fast food giant, McDonald's is aiming to sell 10 million pounds of Mighty Wings that are in cold storage as there are no takers in the market.
The chain prepared to release the wings as a limited-time offer this summer and had ordered 50 million pounds that were to be distributed to stores throughout the country. The limited release has concluded and the store is left with 20 percent of their original order in storage and many are describing it as one of the biggest disasters for the company.
Hyderabad, Dec 21 : Soft drink major PepsiCo's largest beverage plant in India is coming up in Andhra Pradesh at a cost of Rs. 1,230 crore, its single largest investment in India.
At a ceremony held here Saturday, Chief Minister N. Kiran Kumar Reddy laid the foundation stone for the facility being built at Sri City, the special economic zone in Chittoor district.
The plant is being set up on 80 acres of land. It will be completed in three phases by 2017 and will generate direct and indirect employment for 8,000 people.
It will produce a range of beverages, including fruit juice based drinks, carbonated soft drinks and sports drinks.
Bangalore, Dec 9 : Indian IT bellwether Infosys Monday launched a new product platform that helps global brands in the FMCG (fast-moving consumer goods) segment drive profitable growth in the emerging markets.
"As one of our latest offering in the products, platforms and solutions space, the retail platform has been designed to help global brands accelerate profitable growth in the emerging markets," Infosys chief executive N. R. Narayana Murthy said at the product preview.
- Toshiba, United Technologies ink agreement for global growth in HVAC solutions
- Google offers artificial personal assistant for users ready to give up personal info
- Apple launches iPhone 6, iPhone 6 Plus in India
- Google profits plunges 5 percent YOY, in Q3
- HCL Technologies Q1 Net up 32.3% at Rs 1,873 crore