FMCG

Parle has made an impressive entry in the Indian luxury chocolate segment with the launch of Friberg. Friberg is a super-premium chocolate brand imported from Belgium and Switzerland. Parle has also launched unique Belgian wafer thins which are a first of its kind for the Indian Market. The wafer thin format is made of rice

This Festive season companies have come up with high level of offers and promotions as compared to previous years. Consumer Goods industry is focussing on volume as growth is tapering off. Godrej believes heavy promotions and innovation has helped them achieve volume growth which will not affect their margin. Over and above large retailers like

The Kolkata-based Emami group, which has a business interest in fast-moving consumer goods, retail, and pharmacy, is now looking at the start-up space to make investments. Promoted by entrepreneurs R S Agarwal and R S Goenka, the group has already received applications from domestic and foreign start-ups, seeking funds to launch or expand operations. The new venture

NJoy, one of the biggest e-cigarette manufacturers in US files for bankruptcy due to declining sales of e-cigarettes. The reason behind the decline was e-cigarettes are not as good as real cigarettes at giving a hit of nicotine and there is an unwavering message from country’s public authority that vaping is dangerous. Smoking kills more