Mondelez India Cuts Ad Budget as Profits Collapse in FY25
Mondelez India Foods Ltd., the maker of Cadbury Dairy Milk, Oreo, 5 Star and other confectionery brands, reported a sharp plunge in profitability in fiscal year 2025, prompting a reduction in advertising and promotional expenditure amidst rising costs and margin pressure. According to company filings, Mondelez India’s net profit collapsed by over 99% to approximately…
Hyderabad man finds worm ‘crawling’ in Cadbury Dairy Milk
A resident of Hyderabad found a worm “crawling” in a Cadbury Dairy Milk Chocolate bar that he bought from a store at a metro station in the city. Taking to social media platform X, Robin Zaccheus posted a video, which has gone viral. Zaccheus posted the video along with the receipt of the Rs 45…
Mondelez International to invest ₹4,000 cr in India over four years
In a strategic move, Mondelez International is looking at significantly accelerating its investments in India, which it considers a key market. The maker of Oreo and Cadbury plans to invest about ₹4,000 crore in the 2023-26 period in the country. The packaged food major said this is in addition to investments of₹1,500 crore made during…