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 Why Is eBay Opening An Online Wine Shop?  Wine aficionados have a new, expanded digital resource to shop for their favorite vintage. Govt mulls tougher norms for alcoholic beverages  Alcoholic beverages like beer and whisky may face tough quality norms soon. Aviva takes an extra 23 percent stake in India JV partner Dabur Invest  Aviva bought additional 23% stake for Rs 940 cr Q A: Accenture points to digital commerce for consumer packaged goods companies  Digital commerce will be a key factor in deciding who takes a bigger slice of a booming consumer packaged goods market in Asia-Pacific, says Accenture. Parle Agro appoints Priyanka Chopra as brand ambassador for Appy Fizz  Appy Fizz, which had created the fizzy fruit beverage category in the country, is also its market leader and has been growing at double digit. Partial prohibiton triggers wine consumption in Kerala  Wine-drinking has caught up in Kerala over the past two years, especially after the state government imposed partial prohibiton. Sesa Hair Oil fails to find buyers at asking price  Gujarat-based Ban Labs, which sells the Sesa hair care brand, is looking for around Rs1,200 crore J J loses second talcum powder case, ripples may be felt in India  Firm says it will appeal the verdictBaby care major Johnson & Johnson (J&J) was ordered by a US jury on Monday to pay $55 million (Rs 363 crore) to a woman who said that using the company's talcum powder for feminine hygiene caused her to develop MTR Foods to invest Rs200 crore to increase capacity  The investments are part of a larger goal to clock Rs2,000 crore turnover by 2020 from around Rs700 crore now Parag Milk IPO opens tomorrow, brokerages say price band steep  Analysts believe the issue may offer only limited listing gains given its premium valuation, but they expect it yield decent returns over the medium to long term. Instant coffee maker CCL Products to invest $40 million on a green-field plant  BS ReporterHyderabad, 3 May: Hyderabad-based CCL Products (India) Limited, one of the largest instant coffee product makers present in the export markets, is planning to set up a green-field freeze dried instant coffee manufacturing plant at an Godrej Consumer Q4 net up 17% at Rs 310 crore  The company had reported a net profit of Rs 265.57 crore in the corresponding period of the previous financial year, 2014-15. Baba brand or quality? Patanjali's USP under the scanner in big FMCG churn  The BSE FMCG index has slumped 9% so far this year even as consumption demand has revived and monsoon is expected to drive up rural wages to support demand. Cheaper Chinese machines help small ice cream makers improve product range  Small, medium ice cream makers, for the first time, are able to offer a wide variety of products in attractive shapes, colours and flavours, thanks to Chinese machinery. Bottled water not safe, study finds bacteria, chemicals  The next time you pick up a bottle of water from a roadside shop to beat the punishing summer heat, better be safe than sorry, say authorities. India Cash cow? Analysts bullish on Parag Milk Foods IPO  Most analysts are bullish on Parag Milk Foods IPO, open from May 4-6 and recommend subscribing the issue. With a price band of Rs 220-227 per share, the IPO aims to raise Rs 760 crore. The Maharashtra-based dairy company owns brands like Go, Gowardhan, Pride of Cows and Topp UP. .. Maize up on uptick in demand, rice basmati slide New Delhi, May 4 () Maize prices firmed up by Rs 30 per quintal in an otherwise steady wholesale grains market today due to increased demand from consuming industries. However, rice basmati Pusa-1121 variety eased on subdued demand. How next-gen from families of traditional tea businesses are trying to give cuppa a hipper twist  Kolkata got its first specialty tea boutique way back in 1987 when Dolly Roy, India Brands face higher costs for celebrity endorsements  A celebrity endorsement legislation can lead to new clauses in endorsement contracts, a new insurance scheme, and costlier brand ambassadors Colgate plans to launch newer products in the 'natural' space,taking note from Baba Ramdev's Patanjali Ayurved  Aggressive growth of Baba Ramdevs Patanjali Ayurved in the oral care segment has made market leader Colgate-Palmolive take note for the first time. Patanjali's growth to continue: Baba Ramdev Chennai: The latest entrant to the FMCG sector, Patanjali group of products has seen 1100 per cent growth, within four years of its inception. According to a press release, Patanjali clocked Rs 446 crore in 2011-12, Rs 850 crore in 2012-13, Rs 1200 crore in 2013-14, 2006 crore in 2014-15 and topped it with 150 per cent growth by crossing the turnover of Rs 5000 crore in 2015-16. Rural slowdown hurts Horlicks' sales in India  Low sales of Horlicks in India partially offset GlaxoSmithKline Healthcares good growth in most regions across the world in the quarter ended March. Low sales of Horlicks in India partially offset GSK Healthcare's growth Low sales of Horlicks in India partially offset GlaxoSmithKline Healthcares good growth in most regions across the world in the quarter ended March. Making celebs accountable for brands they endorse is unfair, say industry experts  "No celebrity has the means to verify what the brand is saying, and they don't run testing labs," said Anirban Das, managing director of talent management agency Kwan. Amul eyes Rs 50,000-crore turnover by 2020  Sodhi also informed that Amul is planning to substantially raise its milk processing capacity from the current level of 281 lakh litres per day.
Fair prospects ahead for men's grooming in India  NEW DELHI -- For Amit Sexena, a leisurely hair cut at his local air-conditioned salon is a bimonthly ritual which he follows up with a head massage an Steady economic growth fails to revive job market: Report  Care Ratings said the economic growth performance has been impressive but the employment curve has not kept pace with the same. GSK Consumer Healthcare appoints Anurita Chopra to head oral health division  Anurita Chopra will succeed Charubala Sheshadri, who moves on to Nyon, Switzerland, as global marketing director for respiratory health 8 Indian food and beverage startups making teatime snacking guilt-free  While most namkeens make for tea time snacking, these 8 food and beverage startups ensure that you have healthier options. Sri City an emerging hub for FMCG firms  A combination of good location, modern facilities and subsidies has made the industrial park in Andhra Pradesh a magnet for these companies GHCL plans to enhance FMCG presence under i-Flo brand  Indian consumers have by and large become health conscious, and are increasingly buying products that would have a favourable impact on their health, GHCL's VP & Head of Consumer Products Division Gopakumar Menon told the paper. Tata Starbucks adopts five day work culture  Tata Starbucks has adopted a five day work schedule that would benefit the company's 1,200 employees in India and it will be effective May 15. Taking note from Ramdev's Patanjali Ayurved, Colgate plans to launch newer products in 'natural' space Aggressive growth of Baba Ramdevs Patanjali Ayurved in the oral care segment has made market leader Colgate-Palmolive take note for the first time. Free Trade Agreement With NZ: Problems With Agri Products, Says President Onboard President's Special Aircraft: Ramdev's Patanjali Ayurveda to set up cosmetics manufacturing unit in Pithampur Giving tough competition to the premium beauty products segment, Baba Ramdev's Patanjali Ayurveda is planning to start a manufacturing unit of beauty products here. Official sources said the Ayurveda giant has asked for around 40 acres of land at Pithampur. Acharya Balkrishna: The man who owns 94% of Patanjali Ayurved  Acharya Balkrishna, the man behind Patanjali, is unlike any traditional CEO. At 43, he may have many contemporaries, but his style differs vastly. Wheat, rice basmati fall on reduced offtake  Wheat and rice basmati prices eased by up to Rs 100 at the wholesale grains market today due to reduced offtake against adequate stocks position on increased supplies from producing regions.
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