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India Business News: Sensex had lost more than 300 points in intra-day trade to hit the day low of 31,560.32 after the markets opened on a negative note on the back of wea ....
Most of the listed FMCG entities reported volume-based growth in home care, personal care, beauty and foods products business, except the ice cream and beverages portfolio which was impacted by unseasonal rains in April and early May during the quarter. ....
Several small players, which had earlier vacated some of the market segments during the peak of inflation, returned back and intensified the competition at the local level, forcing several big FMCG players to go for price corrections. ....
The staffing industry is enabling the transition of flexi-roles from informal to formal employment in India, according to the Indian Staffing Federation s (ISF) annual report. The report stated that while cautious growth in certain sectors could happen in H2 2022-23, staffing is expected to continue growing year-on-year as the FMCG, e-commerce, manufacturing, healthcare, retail, logistics, banking and energy sectors boost demand. ....
Traction for offline retail also increased on the back of higher rural demand, particularly for fast moving consumer goods (FMCG), the Redseer report noted. ....