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FMCG NEWS BULLETIN

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FMCG NEWS BULLETIN

Your weekly FMCG Dose

March 30 – April 4, 2021


v    HEADLINES:

·         Pepsi Goes Low On Sugar, High On Fizz For Summer Makeover.

·         Shakti Network Powers HUL’s Rural Growth.

·         Rising Prices Hit Household Budgets.

·         Increase In Contact-Free Shopping.

·         Jehangir Wadia Quits As Bombay Dyeing MD. 

·         Tatas To Divest Stake In Us-Based Empirical Group, Southern Tea After Two Decades.

·         IFC Picks Up 4.55% For Over 100 Crore In Dodla Dairy. 

·        Reliance Extends Long-Stop Date By 6 Months As Deal Faces Delays Due To Legal Battle With Amazon.

·         Club Factory May Invoke Force Majeure To Avoid Paying Dues.

·         NCLT approves Amalgamation Of Sunrise Foods With ITC.

·         NCLT approves Revival Plan For Mumbai Based Consumer Firm Amar Remedies.

·         Nomura Rates Tata Consumer A Buy.

·        Big Bazaar To Hold Discount Event With RIL Help.

·         Retailers To Put Rental Ball In Malls’ Court.

·         DMART Buys Land From Mondelez.

·         Trade Bodies Have Written To Chief Minister Of Maharashtra, Uddhav Thackeray Against Lockdown.

·         EY Entrepreneur Of The Year 2020 – Mr. Harish C. Mariwala, Marico.

·         EY Entrepreneur of the Year for Consumer Products & Retail – Mr. Darshan Patel, Vini Cosmetics.

·         EY Entrepreneur of the Year for Entrepreneurial CEO – Mr. Suresh Narayan, Nestle India.

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