Brands
Reliance Consumer’s FMCG cart keeps filling up in a fast-moving Q3
MUMBAI: The FMCG aisle is getting busier and bigger at Reliance. Speaking during the earnings call, Reliance Consumer Products executive director Ketan Mody outlined a quarter where scale, speed and portfolio expansion defined performance.
From 1 December 2025, RCPL became a direct subsidiary of Reliance Industries Limited, and the shift showed immediate impact. The FMCG business added Rs 5,000 crore in revenue in Q3, taking year-to-date revenue to Rs 15,000 crore. Daily essentials emerged as the standout, growing 1.5 times year on year, while the Independence brand crossed the Rs 1,500 crore milestone.
Beverages continued to fizz, with double-digit market shares in key markets and the energy drinks portfolio touching Rs 1,000 crore during the year. Biscuits and confectionery gained traction through new category and market launches, while home care and personal care saw improved uptake across brands such as Enzo, Get Real and Glimmer. By the end of Q3, four RCPL brands had crossed Rs 1,000 crore in annual revenue.
Detailing the breadth of the portfolio, Mody pointed to chocolates and confectionery led by Ravalgaon, Toffeeman and Lotus, alongside growing momentum in snacks, staples and edible oils, particularly in Maharashtra. New demand was also building for differentiated offerings such as Maliban wafers and teatime biscuits.
Capacity expansion is moving at pace. RCPL plans to more than double beverage capacity this year, with high-speed lines across 12 states. Food parks are under development across multiple states, with work set to begin imminently, while a beverage plant in Kurnool is scheduled to be operational by March.
The quarter also saw strategic acquisitions strengthen the portfolio. RCPL completed a majority stake acquisition in Udhaiyam, bolstering its staples and pulses presence, particularly in Tamil Nadu. Global personal care brands including Brylcreem, Toni and Guy, Badedas and Matey were added, widening RCPL’s reach beyond food into grooming and children’s care.
New categories are also on the boil. RCPL entered the pet care segment, piloted in southern cities, and relaunched SIL, alongside a fresh foray into noodles across four cities, with a wider rollout planned next quarter.
As Mody’s commentary made clear, this was not just a quarter of numbers, but one of range with Reliance Consumer steadily stacking its shelves across food, home, personal and emerging categories, and doing so at scale.
Brands
Oracle layoffs affect up to 30,000 employees globally
Job cuts span US, India and more, staff cite abrupt emails, uncertainty.
MUMBAI: April began with an inbox shock and for thousands, it ended with an exit. Oracle has carried out a sweeping round of layoffs, impacting an estimated 20,000 to 30,000 employees across its global operations, even as the company continues to report strong business performance. The job cuts were communicated via emails sent early on April 1, affecting staff across multiple regions including the United States, India, Canada and parts of Latin America. The reduction spans a wide range of roles and functions, though the company has not disclosed specific criteria behind the decisions.
In the days following the layoffs, employees have taken to platforms such as LinkedIn to share their experiences, many describing the process as abrupt and unsettling. Several posts pointed to a lack of prior indication, with notifications arriving suddenly in early-morning messages.
A recurring concern has been the impact on long-tenured staff. Users reported that employees with decades of experience were among those let go, raising broader questions about job security even for seasoned professionals within large technology firms.
The layoffs have also sparked anxiety about the wider direction of the sector. As companies continue to invest heavily in automation and artificial intelligence, workforce recalibration is becoming more common often accompanied by uncertainty around future roles and skills.
For many affected employees, the immediate challenge lies in navigating career transitions in an increasingly competitive job market, with posts reflecting concerns about stability and next steps.
The development comes against a backdrop of strong financial performance at Oracle, which recently reported a 22 percent year-on-year increase in revenue, alongside continued growth in its cloud infrastructure business. The company has also been committing significant capital towards artificial intelligence and data centre expansion.
The contrast between growth and job cuts has added to the unease, underscoring a broader shift in how large technology firms balance expansion with efficiency sometimes at the cost of the very workforce that helped build that growth.
