Geopolitical tensions in West Asia may increase crude oil prices. This could negatively impact demand for packaged foods, beverages, detergents and paints. Companies fear rising input costs will hurt consumers. Earlier, firms anticipated demand recovery due to interest rate cuts and a good monsoon. Disruptions may affect packaging costs. Dabur and Bisleri are closely monitoring the situation.
Tata Starbucks denies having a brand ambassador in India. This follows social media buzz linking Dolly Chaiwala to the brand. The company states a meme caused the confusion. Tata Starbucks confirms it did not collaborate with Sunil Patel, known as Dolly Chaiwala. He gained fame for his tea-making style and appearance on Bigg Boss.
Delhi faces significant revenue loss. Residents prefer buying liquor in Gurgaon, Faridabad, and Noida. They seek lower prices and wider choices. Current excise rules expire on June 30, 2025. The government plans a new excise policy. It aims for transparency and accountability. The goal is to improve the buying experience. This could boost revenue and reduce cross-border shopping.
Basmati rice prices, recently elevated due to increased exports, are anticipated to decrease as exports to Iran are expected to decline amidst geopolitical tensions. While Iran's conflict with Israel impacts demand, outstanding payments and freight concerns add to the uncertainty. The market's future hinges on global events and potential shifts in trade dynamics.
ITC has finalized its all-cash acquisition of Sresta Natural Bioproducts, the owner of '24 Mantra Organic brand', for Rs 472.50 crore. The deal, completed on June 13, 2025, includes an upfront payment and a deferred consideration. This acquisition will strengthen ITC's position in the rapidly expanding organic food sector, both domestically and internationally.
The commodities, sourced from Afghanistan and Iran, have already seen a 15-100% surge in prices as imports through Pakistan have been completely blocked in the aftermath of the April 22 Pahalgam terrorist attack, they said.
The Maharashtra government's excise duty hike on IMFL whisky, increasing MRP by about 85%, is raising concerns among industry players like CIABC. They foresee a significant drop in sales, downtrading, and a shift towards illicit liquor due to price disparities with neighboring states.
Procter & Gamble anticipates a delayed recovery in urban consumption. Government interventions are expected to take time to impact consumer demand. Rural demand shows healthy recovery due to good monsoon. P&G holds a leading market share in feminine hygiene and cough & cold segments. The company sees growth opportunities through consumption and innovation.
Pernod Ricard India is betting big on artificial intelligence (AI) to fuel growth and enhance premiumization strategies, according to its chief transformation officer Simon de Beauregard. The company is leveraging AI for personalized marketing, improved supply chain management, and precise demand forecasting in India's diverse market.
India's palm oil imports saw a significant surge in May, reaching a six-month peak. This increase was due to lower inventories and price advantages over other oils. Refiners increased their purchases of palm oil. Soyoil imports also rose to a high since January. Total vegetable oil imports reached their highest level since December. Reduced domestic stocks prompted the import increase.
Rapido's entry into Bengaluru's food delivery market, challenging Zomato and Swiggy with flat fees, faces skepticism from brokerages. Analysts cite operational complexities, capital intensity, and customer experience as significant hurdles. While Rapido leverages its rider base, concerns remain about delivery experience and the incumbents' established logistics and partnerships, limiting potential disruption.
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