INDIA MILK PRODUCTION
Mars sees India business more than doubling after Kellanova buy
Mars expects its India business to more than double following its $36-billion acquisition of Kellanova, with the company banking on rising incomes, premiumisation, expanding distribution and the growth of online and quick-commerce channels. CFO Claus Aagaard said India is already clocking double-digit growth and will be a significant growth driver for Mars over the next decade. The Kellanova portfolio will strengthen Mars' presence in salty snacks and cereals while widening its reach across stores and channels.
First decade since Independence with over 4 pc agri growth, says PM Modi
Prime Minister Narendra Modi stated that Indian agriculture grew more than 4 percent per year in the past decade. He emphasized that many small farmers have improved their economic situation significantly during this time. The government invested heavily in supporting farmers, especially in fertilizer subsidies, to reduce their input costs. Modi urged farmers to adopt natural farming practices and diversify their crops to enhance income sources.
Milk & money: What’s making India’s daily dose of doodh more expensive?
Amul and Mother Dairy have recently raised milk prices by Rs 2-4 per litre to address higher production costs. Karnataka's Nandini also increased prices in early November to enhance farmer earnings. Rising expenditures for fodder, cattle feed, and operational costs have pressured dairy companies. Although India remains the largest milk producer, growth rates have slowed, affecting supply dynamics.
Amul milk, Cigarettes, Surf Excel: From dairy to detergent, check what has become costlier and how much more you will pay after price hikes
Milk, ghee, butter, curd, detergents, soap and cigarettes have become costlier following a series of price revisions in the last two months. Amul, Mother Dairy and Nandini have raised dairy prices, while HUL has revised rates of Surf Excel, Rin and Wheel products. ITC has increased Gold Flake Premium prices, and commercial LPG rates have risen for two consecutive months. Here is a product-wise breakdown of the old and new prices, the amount of each increase and when the revisions took effect.
India should offer world new development model rooted in tradition: RSS chief Mohan Bhagwat
Mohan Bhagwat called attention to India's heritage of traditional wisdom as a potential blueprint for global progress. He underlined the necessity of achieving equilibrium among human lifestyles, animal health, and environmental integrity. Concurrently, Maharashtra Chief Minister Devendra Fadnavis confronted the agricultural issues arising from climate change, and Union Minister Nitin Gadkari announced the establishment of agriculture and veterinary institutions as vital steps for enhancing local development.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
The FPIs that were selling in the Indian market all these months mostly owned large-cap stocks. And as they sold them, it was that segment which bore the brunt of the selling. The same logic will operate in reverse as they start buying, focusing once again on the safer and more liquid large-cap stocks.
Why a 9% personal inflation rate could change your retirement corpus calculations
Equity can fall 30-40% in a bad year, so money needed in the next few years must never sit there. A conservative investor may hold less. Few can afford to hold none: avoiding equity swaps the risk of a temporary fall for the certainty of losing purchasing power.
Vedant Poly Fabs shares to list on SME platform today; check GMP ahead of debut
Shares of Vedant Poly Fabs will list on the NSE SME platform today, November 9. The Rs 56.68 crore IPO saw 1.90 times overall subscription. Grey market premium indicates a marginal listing gain around Rs 95 per share against the issue price of Rs 94.
FSSAI seizes food products worth Rs 81.8 crore, suspends over 1,100 licences in nationwide drive
FSSAI seized 3,279.57 metric tonnes of food products worth an estimated Rs 81.80 crore and suspended 1,133 licences during a nationwide inspection drive covering 56,431 establishments between September 1 and November 5. The regulator also cancelled 52 licences, sealed 314 establishments and initiated 410 prosecutions over food safety violations.
Sweet trouble this Diwali: Rs 82 crore worth of food, 1,185 licences come under FSSAI scanner
FSSAI conducted a nationwide inspection drive from September 1 to November 5 to check food adulteration. During this period, more than 3,000 tonnes of non-compliant food products were seized across India. The regulator canceled 52 licenses and suspended over 1,000 licenses in response to violations. Additionally, 10,047 improvement notices were issued to food business operators across various establishments.
Healthier goes Kaju Katli as sweets too catch the trend
Healthier versions of traditional sweets, such as protein-rich laddoos and sugar-free gulab jamuns, are gaining popularity. Consumers now prefer sweets that combine health benefits with indulgence during celebrations. Major brands like Haldiram's and Amul are adapting to this trend by offering guilt-free options. Online sales of date-sweetened and sugar-free mithais have seen significant growth recently. This shift reflects a broader change in consumer preferences as festive seasons approach.
Jubilant FoodWorks' delivery growth lifts Domino's India; Popeyes emerges as second growth engine
Jubilant FoodWorks experienced significant growth in its delivery business, led by a strong performance from Domino's Pizza. Revenue from Domino's increased by 9.2% year-on-year, driven by a rise in orders and delivery growth. Meanwhile, Popeyes reported a remarkable 122% year-on-year revenue increase and achieved consistent growth above 40%. The company demonstrated effective cost management strategies and enhanced its operational efficiency across its restaurant network.
Britannia Industries plans further price hikes amid food inflation impacting margins and boosting rural demand
Britannia Industries is responding to persistent inflation by considering additional price hikes for its products. The company has already raised prices by 3.5% in the September quarter, but this only partially addresses rising costs. Increased competition from companies like Reliance Industries adds pressure on their pricing strategy and market share. Demand is improving, particularly in rural and semi-urban markets, which reflects changing consumption patterns.
Trusted names, new game: India's FMCG giants reload old guns for changing tastes
India's FMCG companies are expanding into new product categories by leveraging the trust associated with their established brands. Hindustan Unilever has launched Horlicks Protein Powder, targeting consumers seeking protein-rich products. Emami is introducing new products across baby care and specialized scalp care under its existing brands. Marico has entered the shampoo market with Parachute Advansed Protein Shampoo, capitalizing on its hair-care equity.
Diwali shopping gets costlier this year: From milk, ghee, butter to dry fruits, here's why festive buying is burning a hole in your pocket
Milk and ghee prices: Rising costs of key ingredients are affecting both consumers and manufacturers during this Diwali season. Dairy prices have seen significant increases, with major brands raising their rates amid high demand. Additionally, dry fruit prices have surged, reaching record highs over the past year. Corporate gifting has also become more expensive, forcing companies to reduce their gift quantities or opt for smaller packages.
No water to sow, no respite at the grocery store: India's prolonged food inflation worry
Indian farmers face challenges in sowing winter crops amid dwindling water supplies from a weak monsoon. Amarsingh Gushinge's village experiences a significant rainfall deficit, impacting crop planting decisions. Food inflation could worsen as key staples see rising prices, aggravating the economic strain on households. The Reserve Bank of India may respond with interest rate hikes to combat rising inflationary pressures.
Matcha moment: A Japanese tea brews up a $96 million flavour in India
Matcha tea market India: The country's matcha market is set to expand, with projected revenue growth from $45.7 million in 2025 to $96.4 million by 2033. Café chains like Tata Starbucks are already seeing increased sales from matcha products, catering to evolving consumer preferences. Instagram and social media have played a significant role in the rising popularity of matcha drinks and recipes.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The rally was broad-based and involved all segments. But too much should not be read into one day’s showing. The thing to watch remains the results of the US mid-term elections which will be known in India through Wednesday. It will decide which way the market will move in the coming days and weeks.
Indian households shifting spending towards non-food items, services as consumption patterns evolve: Report
Indian household consumption is likely to become increasingly diversified, with spending gradually moving beyond food essentials towards non-food products and services, as changing dietary preferences and household structures reshape consumption patterns, according to an SBI Research report.
Load More
