FMCG News

Reliance Expands FMCG Empire with Strategic Acquisition of Sil Jam Brand

Reliance Consumer Products has acquired the Sil brand, a move that strengthens its position in the FMCG sector and intensifies competition with industry giants. This acquisition is...

Hindustan Unilever Reports Slight Revenue Growth Despite Urban Demand Weakness

Hindustan Unilever Limited (HUL) reports a 1.4% revenue growth in the December quarter amidst weak urban demand and high food inflation, with net profits jumping by 19% due to gain...

Adani Group Expands Stake Sale in Wilmar Joint Venture to 20% Amid Investor Demand

The Adani Group has increased its offer for sale in Adani Wilmar to 20% due to strong institutional investor demand, aiming to raise funds for infrastructure projects. Wilmar's sta...

Surge in Trucking Business Ahead of Maha Kumbh Mela: A Golden Opportunity for Transporters

Transporters are witnessing a significant surge in business, with up to 40% increase in trucking activity due to the Maha Kumbh Mela. Truck rentals have soared, especially on the D...

Adani Group Strategically Exits Adani Wilmar, Aiming to Raise Over $2 Billion for Core Growth

The Adani Group announces its complete exit from the FMCG joint venture Adani Wilmar, selling its stake to raise over $2 billion. This strategic move aims to fuel the growth of its...