RETAIL/FMCG Nestle Expands Munch Capacity With ₹225-Cr Investment At Sanand Plant

Nestle India has expanded its manufacturing footprint with the addition of a new Munch production line at its Sanand factory in Gujarat, scaling up capacities in line with rising consumer demand. The expansion entails an investment of  close to ₹225 crore and is expected to add 8,300 tonnes per annum of production capacity. The move […]

CW Bureau · Mar 19, 2026

RETAIL/FMCG Magic Moments Vodka Crosses 8-Mn Cases In Sales, Retains Top Spot

Radico Khaitan Ltd flagship brand Magic Moments Vodka has crossed eight million cases in sales this year, reinforcing its position as India’s largest vodka brand and among the fastest-growing globally. The brand recorded a sharp rise from 7.1 million cases last year, reflecting strong consumer demand and a growing presence across markets. Radico Khaitan had […]

CW Bureau · Mar 19, 2026

RETAIL/FMCG RBI Clears Bain Capital’s Joint Control In Manappuram Subsidiaries

Manappuram Finance Ltd on Thursday said its subsidiaries, Asirvad Micro Finance Ltd (AMFL) and Manappuram Home Finance Ltd (MHFL),  have received approvals from the Reserve Bank of India for an indirect change in control and management by affiliates of Bain Capital. The regulatory clearances mark a key milestone in the proposed strategic investment, which is […]

CW Bureau · Mar 19, 2026

RETAIL/FMCG Apis India’s MISK Launches Seedless Masala Dates In Bold Indian Flavours

Apis India Ltd’s MISK has introduced seedless, sliced Masala Dates as a “superfood-on-the-go,” expanding its presence in the value-added snacking segment. The ready-to-eat dates, available in Achari, Imli (tamarind) and Chilli-Lime variants, are positioned as an alternative to conventional sugary and fried snacks, the company said in a release. The product, which is described as […]

CW Bureau · Mar 19, 2026

RETAIL/FMCG Ethos On Track To Cross 100 Boutiques In FY26, Eyes Tier-II Cities

Having added two new boutiques in quick succession, Ethos Ltd appears well on track to cross the 100-store milestone this fiscal, underscoring both the momentum in India’s luxury consumption story and the company’s aggressive retail expansion strategy. With the opening of its 90th and 91st outlets in New Delhi and Kanpur, Ethos has expanded its […]

CW Bureau · Mar 17, 2026

RETAIL/FMCG LT Foods Launches Limited-Edition Daawat Brand Saffron Basmati Rice

LT Foods Ltd, a leading global FMCG player in the consumer food segment, has unveiled a limited-edition offering ‘Daawat Saffron Basmati’ rice under its flagship brand Daawat, targeted at consumers seeking a premium and differentiated culinary experience. A First-of-Its-Kind Premium Innovation The newly launched product is positioned as a first-of-its-kind innovation in the basmati rice […]

CW Bureau · Mar 17, 2026

RETAIL/FMCG Bajaj Electricals To Acquire Morphy Richards Brand Rights For ₹141.40 Cr

Bajaj Electricals Ltd has signed a definitive agreement to acquire the intellectual property and brand rights of Morphy Richards in India and select South Asian markets from Glen Electric Ltd for a total consideration of ₹141.40 crore, subject to statutory and regulatory approvals. The acquisition marks a significant milestone in Bajaj Electricals’ long-standing association with […]

CW Bureau · Mar 16, 2026

RETAIL/FMCG Britannia Shareholders Confirms Rakshit Hargave As CEO & MD

Shareholders of Britannia Industries Ltd have formally approved the appointment of Rakshit Hargave as Chief Executive Officer and Managing Director for a five-year term beginning December 15, 2025. The company said around 80% of shareholders supported the resolution through a postal ballot conducted via remote e-voting on March 15. Britannia’s board had earlier approved Hargave’s […]

CW Bureau · Mar 16, 2026

RETAIL/FMCG ‘Pahadi Local’ Deal Boosts Reliance Retail’s Beauty & Wellness Segment

The acquisition of Himalayan beauty brand Pahadi Local by Reliance Retail Ltd, a subsidiary of Reliance Retail Ventures Ltd., signals a strategic push to strengthen its presence in India’s fast-growing beauty and wellness segment. The deal fits into Reliance Retail’s broader strategy of building and scaling differentiated Indian brands that can be distributed through its […]

CW Bureau · Mar 15, 2026

RETAIL/FMCG Patanjali Foods To Acquire Land, Assets From Its Arm For ₹674 Cr

Patanjali Foods Ltd has entered into agreements with promoter group firm Patanjali Ayurved Ltd (PAL) to acquire leasehold rights over a land parcel and biscuit manufacturing assets in Uttar Pradesh for a total consideration of ₹674 crore. The land forms part of a larger parcel allotted to PAL by the Yamuna Expressway Industrial Development Authority. […]

CW Bureau · Mar 15, 2026

RETAIL/FMCG Shriram General Ties Up With Namdev Finvest To Expand Insurance Reach

Shriram General Insurance Co. Ltd. has entered into a strategic partnership with Namdev Finvest Pvt. Ltd., marking the start of a collaboration aimed at strengthening insurance access and improving customer service delivery. Under the partnership, Shriram General Insurance will offer its range of general insurance products through Namdev Finvest’s established customer network and service infrastructure. […]

CW Bureau · Mar 14, 2026

RETAIL/FMCG Fino Payments Bank Deposits Hit Record ₹2,900 Cr In Two Weeks

Fino Payments Bank has reported its highest-ever total deposit balance of ₹2,900 crore over the past two weeks, even as the payments bank has recently faced scrutiny and negative headlines. In a regulatory filing, the bank said deposit balances rose nearly 9% in the last two weeks to reach the all-time high as of March […]

CW Bureau · Mar 14, 2026