A consortium led by India's Reliance Industries could become the front-runner to buy the Boots chain from Walgreens Boots Alliance with the other major bidder reportedly on the verge of walking away from any deal.
Multi-brand, omni-channel beauty and fashion retailer Nykaa saw its net profit decrease year-on-year by 49% in the fourth quarter of the 2022 financial year as demand rose only slightly and expenses increased.
Men’s personal care brand The Man Company has launched a new podcast series named ‘The Gentleman Show’ to discuss topics men often feel uncomfortable to talk about and further normalise men’s grooming.
Fast moving consumer goods business Emami has seen rising costs and inflation squeeze its profit margins and has countered this with price increases on its products of around 4.5% with further hikes on the table.
Fast moving consumer goods business Emami reported a rise in its consolidated net profit with a total of Rs 354 crore for the January to March 2022 period thanks to a minimum alternate tax credit boost.