Radhakishan Damani offloads 1.7% stake in VST Industries, takes home Rs 107 croreAmong the public shareholders, Damani held about 34.66% in the company. Damani raised stake in VST Industries during the June quarter by 2%...
Yum Brands Q1 Results: KFC parent reports drop in global same-store sales on weak demandYum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from i...
Nestle Q1 Results: Quarterly sales estimates miss on price hikesNestle on Thursday missed first-quarter organic sales growth estimates, as the world's biggest packaged food company hiked prices and sold ...
Clear Premium Water reaches 1600 HoReCa clients in March 2024Clear Premium Water has a production capacity of over 50 lakh bottles per day, available at more than 80,000 retail outlets distributed thr...
Meta settles lawsuits with 2 firms engaged in scraping its dataMeta (formerly Facebook) has settled a lawsuit for "significant sum" against two companies that were engaged in data scraping operations on...
Metro Brands rallies 13%, hits new high as company returns to black in Q1Metro Brands' total revenue from operations was up over two-fold at Rs 507.95 crore during the quarter. It stood at Rs 131.39 crore in the ...
Metro Brands Q1 Results: Posts Rs 106 crore profitMetro Brands' total revenue from operations was up over two-fold to Rs 507.95 crore during the quarter under review as against a low base o...
Diageo incurred loss of 2 million pounds on sale of India wine business, according to reportsTalking about consumption preferences, Diageo said consumers who drink alcohol are increasingly choosing spirits over beer and wine.
Tata Motors shares slip over 5% despite Rs 1,755 crore profit in Q3Consolidated total revenue from operations declined 6.81 per cent YoY to Rs 71,676.07 crore.
Premium play, dividends make VST smoking hotAnalysts expect that FY18 will be the second consecutive year of volume growth after a series of declines between FY10 and FY16.
Reliance Brands to foray into beauty, kids wear segmentReliance Brands is soon going to foray into two new retail segments in beauty and children's clothing, and also wants to step up online pre...
ITC, VST Industries rolling out premium variants, smaller-sized cigarettes to protect marginsSince consumers in the entry segment have cut back on cigarette smoking, companies are hopeful these strategies will help them protect marg...
- Allen Solly expects 3-5% sales of its apparels from e-commerce sites
"This channel (websites) is currently in its infancy stage. However, going forward we expect a 3-5% contribution from online sales."
- Re-branding exercise, increased store presence by Aditya Birla Nuvo's apparel brand Allen Solly
Allen Solly, an apparel brand from Aditya Birla Nuvo, is up for a re-branding exercise and has planned to increase its store presence to 15...
- Lotto ropes in Columbus for shoes business in India
Italian sportswear maker Lotto has chosen a new partner - Columbus Shoes - for the manufacture and wholesale distribution of its sports sho...
- Global slowdown sends Daimler, BMW in a spin
The global economic slowdown hit BMW and Daimler hard in November, figures from the two German luxury automakers showed on Friday, with the...
- Yum! to breathe new life into local operations
Yum!, the local subsidiary of the Louisville, Kentucky-based Yum! Brands, is planning to synergise its operations.