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GEMINI EDIBLES
Consumer staples suppliers see stable prices this festive seasonDealers and distributors are not stocking these commodities, which they generally do during the festive season, as the supply side is stron...- Refined oil duty cut won't bring down prices: CosThe government's move on Wednesday night to reduce the duty on refined soybean oil and refined sunflower oil to 12.5% from 17.5% will not h...
- Small towns stocking up on branded kitchen staplesKitchen staples marketers Gemini Edibles & Fats India, Adani Wilmar, and GRM Overseas confirmed a shift from unbranded to branded products ...
- Edible oils may get cheaper by nearly 6%BV Mehta, executive director of SEA, said, "Edible oil prices are likely to go down further in the next quarter. The only caveat will be th...
- Hike duty on edible oils to arrest price fall: FMCG companiesThey said the production of edible oils in the domestic as well as international market is ample and that if the government does not increa...
- Relief to consumers: Mother Diary to slash edible oil pricesA Mother Dairy spokesperson said "The maximum retail prices (MRP) of Dhara edible oils are being reduced by up to Rs. 15 per litre across v...
- Relief to consumers: Branded edible oil makers slash prices by up to Rs 15 a litreThe drop in prices has prompted distributors to stock up as demand is expected to pick up. The fall in edible oil prices will also have an ...
- Edible oil prices to fall as Indonesia ships 200,000 tonnes crude palm oilLower palm oil prices will reduce raw material cost of soaps, margarine, shampoos, biscuits and chocolates where palm oil and its derivativ...
- India buys Russian sunoil at record high price as Ukraine supplies haltSunflower oil from Russia could help the world's biggest edible oil importer in easing the shortfall at a time when availability of vegetab...
- Edible oil prices decline after duty cutDomestic edible oil prices have soared in tandem with the global prices which shot up due to reduced availability of edible oils for food u...
- Sebi puts Gemini Edibles' Rs 2,500-cr IPO in abeyanceWithout disclosing the reason, Sebi said "issuance of observations kept in abeyance" with regard to the IPO of Gemini Edibles & Fats India ...
- Gemini Edibles files DRHP for Rs 2,500 crore IPO with SebiAccording to the DRHP, the company wants to raise Rs 2,500 crore through the IPO.
- Major edible oil firm Gemini Edibles plans Rs 1,800 crore IPOFour investment banks - Nomura, Axis, Credit Suisse and Kotak have been hired to run the process. A draft red herring prospectus (DRHP) for...
- Course of edible oil imports to depend on pandemic situationImports will either be lesser by 3% compared with the 2019-20 oil year or may go up by 5.3%, depending on when India comes out of the outbr...
- May edible oil imports likely to hit lowest level in 10 yearsGenerally, over the years, import of edible oils hovers around 12 lakh tonnes in May. But this year it has dropped almost 38%.
- Cargill India's Gemini brand forays into rice bran oil segmentThe company expects the new segment to contribute 2.5-3 per cent to its overall revenue.
- Hyderabad-based edible oil companies eye sunflower oil market to benefit from fall in pricesSunflower oil accounts for over 11% of the domestic edible oil market and commands more than two thirds of the markets in certain geographi...
- Lower import duty on crude palm oil may lead to the closure of nearly 25 refining unitsThe duty differential between imported crude palm oil and refined palm oil has now fallen to 5% from the earlier 7.5%.
- Cargill acquires Wipro's Sunflower Vanaspati brandCargill today said it has signed an agreement with Wipro to acquire the latter's flagship brand Sunflower Vanaspati.
- Ruchi Soya buys 50 pc in Gemini for Rs 45 croreRuchi Soya Industries has acquired over 50% stake in Andhra Pradesh-based Gemini Edible and Fat for Rs 45 crore in order to consolidate its...
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