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As automation spreads, India's FMCG companies rethink the size of their workforce
Hindustan Unilever and Dabur reduced permanent staff while others increased headcount. Median employee remuneration saw increases ranging from six to twelve percent. Hindustan Unilever's permanent workforce declined by over seven hundred employees. Dabur India's permanent workforce also saw a significant reduction in numbers. Nestle India, Marico, and Tata Consumer Products expanded their employee base.
FSSAI issues 9 notices to Swiggy Instamart following customer complaints on contaminated food, milk
FSSAI has issued nine notices to Swiggy Instamart due to multiple consumer complaints. Allegations include supplying expired, spoiled, and contaminated food products to customers. Specific products like eggs and protein powder were found unfit for consumption. The regulator also noted issues with FSSAI license numbers and grievance redressal. Swiggy Instamart must submit a detailed report or face legal action.
India's growth riding on copper, govt should help boost capacity, industry body says
India's infrastructure boom fuels copper demand growth significantly higher than GDP. Copper demand is projected to rise nine to ten percent annually. This surge is driven by infrastructure, clean energy, and consumer electronics needs. India has become a net importer of copper after a smelter closure. New capacities are emerging, but a deficit is still expected.
Nifty trades above 24,000 level; European mrkt advance
All the sectoral indices in the NSE were traded in green with realty, media and consumer durables shares led the rally.
Godrej Consumer shares climb 2% as ICICI Securities upgrades the stock to a buy, raises target price
ICICI Securities upgraded Godrej Consumer Products to 'buy', raising the target price to ₹1,300. With expectations for double-digit growth and a recovery in key markets, investor interest surges.
Crompton Greaves Consumer bags Rs 65-cr order from MSEDCL for solar water pumping systems
Crompton Greaves Consumer Electricals said that it has received an order worth Rs 64.99 crore from Maharashtra State Electricity Distribution Company (MSEDCL) for the supply and installation of solar photovoltaic water pumping systems.
Crompton Greaves Consumer bags additional MSEDCL solar water pumping order worth ₹65 crore
Shares of Crompton Greaves Consumer Electricals Ltd ended at ₹259.25, down by ₹9.20, or 3.43%, on the BSE.
Protein & clean labels priorities in snacking; quick commerce fuelling healthy snacking: Farmley report
Indian consumers now prioritize protein content and natural sweeteners in their snack selections. Quick commerce and ingredient transparency are reshaping how brands are discovered and trusted. Parents are willing to pay more for healthier snack options for their children. Women are seeking snacks tailored for period nutrition, creating new wellness opportunities. Packaging convenience and sustainability are increasingly influencing consumer purchase decisions.
Godrej Consumer Products expects high-teens revenue growth in Q1 FY27
Godrej Consumer Products said it expects to deliver high-teens revenue growth in the June quarter (Q1 FY27), ahead of its full-year guidance of double-digit revenue growth, backed by strong high-single-digit underlying volume growth (UVG).
Godrej Consumer Q1 Update: Revenue expected to grow in high-teens; margins below guidance range
Shares of Godrej Consumer Products Limited ended at ₹1,074.00, down by ₹3.30, or 0.31%, on the BSE.
Dabur, Godrej say demand holds firm despite cost pressures
Indian consumer goods giants Dabur and Godrej Consumer Products reported resilient demand in early fiscal 2027, defying geopolitical worries and rising costs. Despite input price pressures, both companies anticipate strong revenue and profit growth, with Godrej expecting high-teens revenue expansion. International markets are also showing promise, particularly in the Middle East, though El Niño's impact on rural demand remains a concern.
Godrej Consumer expects high-teens Q1 revenue growth on strong volumes; margins seen lower
Godrej Consumer Products projects a high-teens revenue growth for Q1 FY27, supported by robust volume increases across all categories.