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Business News > Mint Authors > Soumya Gupta

Soumya Gupta

Mint Author

ARTICLES BY SOUMYA GUPTA

Shares of Future Consumer Limited, the FMCG arm of Kishore Biyani’s Future Group, closed at Rs61.15 per share on BSE, down 3.17%, while the benchmark BSE Sensex closed at 34,297.47 points, up 0.41%. File photo: Mint

Future Consumer raises Rs200 crore via NCDs from UK’s CDC Group

1 min read . 15 Feb 2018

Neville Noronha, managing director and chief executive officer of Avenue Supermarts. D-Mart is eyeing the states of Andhra Pradesh and Telangana for its next round of expansion. Photo: Abhijit Bhatlekar/Mint

Chasing growth, D-Mart rethinks store strategy

3 min read . 15 Feb 2018

Aditya Birla Fashion scales down Forever21, cuts costs

2 min read . 05 Feb 2018

Union Budget 2018 has relied on rural India to keep the consumption story going despite the fact that just 1% of India’s richest corner 73% of India’s wealth generation. Photo: HT

Budget 2018 looks to tap Bharat to spur consumption economy

3 min read . 02 Feb 2018

H&M also increased its number stores from 15 to a total of 27, led by rapid openings in tier II cities. Photo: AFP

H&M nearly doubles India sales, to launch online store

1 min read . 01 Feb 2018

Anti-profiteering actions by the government is acting as a pushback for genuine price hikes amid sustained raw material inflation, according to a 23 January note by brokerage Jefferies. Photo: Pradeep Gaur/Mint

Wary of GST anti-profiteering clause, FMCG firms put price hikes on hold

2 min read . 01 Feb 2018

Reliance Jio is also rolling out 4G data at aggressive prices, undercutting competition in a bid to attract a larger subscriber base. Photo: Aniruddha Chowdhury/Mint

Reliance Jio price wars have made telecom valuations untenable: analysts

3 min read . 30 Jan 2018

A file photo of Parle Agro joint managing director Nadia Chauhan. Parle Agro has been tailoring its distribution system to make Frooti available in south India where most of the ‘on the go’ consumption happens.

Parle Agro looks to expand in south India

2 min read . 27 Jan 2018

Total revenue from the organized retail sector, across categories, is expected to catapult to $166 billion by FY25 from $55 billion in FY16, Edelweiss Securities said in a report. Photo: Priyanka Parashar/Mint

Apparel retailers hopeful of recovery this year after tough 2017

3 min read . 26 Jan 2018

India’s largest FMCG firms, including those with high exposure to rural markets such as Hindustan Unilever (HUL), Dabur and Emami, are waiting for a boost in rural demand to help revive sluggish growth in volumes and earnings, according to analysts tracking their stocks. Photo: Indranil Bhoumik/Mint

Budget 2018: Will govt be able to work a miracle for hopeful consumer firms?

3 min read . 25 Jan 2018

(From left) Indrajit Gupta, co-founder and director of Founding Fuel; Kishore Biyani, chairman and CEO of Future Group; Suresh Narayanan, chairman and MD of Nestlé India; Sanjay Gupta, MD of Star India, and Rahul Narayan, founder and fleet commander of Team Indus, at SBAC2018.

Businesses have to embed themselves with start-ups

2 min read . 22 Jan 2018

Stocks of Asian Paints Limited closed at Rs1,176.70 per share, down 1.40%, while the benchmark BSE Sensex closed 0.81% higher at 35,798.01 points. Photo: Satish Kaushik/Mint

Asian Paints posts 16% rise in Q3 net profit

2 min read . 22 Jan 2018

Shruti Ambegaoker, head (organization development and governance), and Amit Prakash, head of human resources (HR), at packaged consumer goods maker Marico. Photo: Aniruddha Chowdhury/Mint

Empowerment and early responsibility our core principles: Marico

3 min read . 22 Jan 2018

The 360 degree feedback process is one of the signature practices that new leaders experience in Marico. Photo: Aniruddha Chowdhury/Mint

At Marico, will is more prized than skill

2 min read . 22 Jan 2018

Rahul Gama, head of people resources at GCPL.

Godrej Consumer Products can promise a career across many verticals: Rahul Gama

2 min read . 22 Jan 2018

GCPL staff can get a chance to work for the firm in its Indonesian and African markets for instance, or even move to roles in other Godrej group firms. The aim is to allow everyone to have opportunities to learn.

At Godrej Consumer Products, work matters, not attendance

2 min read . 22 Jan 2018

Harish Manwani, non-executive chairman of Hindustan Unilever

Harish Manwani appointed chairman of ISB executive board

1 min read . 20 Jan 2018

On Friday, shares of Reliance Industries Ltd (RIL) rose 1.09% to Rs929.35 on a day the benchmark Sensex surged 0.71% to 35,511.58 points.

RIL posts record profit on refining margins boost, Reliance Jio show

3 min read . 20 Jan 2018

AkzoNobel to focus on mass brands, new niches to push growth

2 min read . 19 Jan 2018

Other consumer goods firms plan to make similar provisions as they were unable to cut prices immediately after GST rollout, say tax experts. Photo: Ramesh Pathania/Mint

Will HUL’s GST provision set precedent for others?

3 min read . 19 Jan 2018