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PARLE AGRO CASE
HC orders lower GST on fruit-based fizzy drinks, not 28%Following a ruling by the Gauhati High Court, carbonated juice drinks are to be taxed at a lower 12% GST rate instead of the previous 28%. ...
'Sin tax' on sparkling drinks takes a toll on Parle Agro profit: Joint MD"The decision to place fruit-based, non-caffeinated sparkling drinks in the sin tax category, taking GST on Appy Fizz up by to four times f...
GST council’s role only recommendatory, not binding, asserts Madras High CourtThis decision is significant as it provides support to taxpayers facing GST demands solely based on council discussions or clarificatory ci...
PepsiCo drags Parle Agro to court over 'For the Bold' tagline usage'For the Bold' is a registered trademark for the Doritos nacho chips brand globally, the US beverage and packaged food multinational argued...
Family-run businesses put more focus on environment, social & governance issuesFamily-run businesses are turning more conscious of environment, social and governance (ESG) regulations by being more compliant with envir...
Parle Agro's Frooti beats PepsiCo's Slice to win back no. 2 slot after a decadeFrooti had a share of 25.6% in India’s Rs 6,300-crore mango drink category against Slice’s 23.4% in the quarter ended March, said industry ...
The Maggi effect: How buyers of popular brands like Parle, KFC, Wendy's & others are turning into activistsAfter the intense scrutiny that Maggi noodles was subjected to, overseas and local food cos are preparing to limit any collateral damage.
Creativeland Asia, Parle Agro likely to part waysCreativeland Asia (CLA) is apparently on the verge of losing the Parle Agro business, an account that it has handled since it was founded i...
With Frooti and Tata Tea in his kitty Shah Rukh Khan is the top Bollywood star in endorsement bandwagonIndustry sources say Shah Rukh Khan is known to charge Rs 3.5-4 crore for a day annually for each brand endorsement.
- Britannia Q2 net profit slips 46%
The packaged foods company on Wednesday reported a net profit of Rs 31.87 crore on net sales of Rs 1,094.77 crore.
- ASCI pulls up leading cos for misleading ads
Advertising Standards Council of India (ASCI) on Tuesday said some television commercials by leading corporates have been withdrawn or modi...
- Lemon drinks rule as soft drink companies register double-digit growth
The scorching summer this year has ensured a strong double-digit growth for soft drink companies, with the biggest grosser being the new le...
- Sugar-free fails to tickle taste buds in India
Despite health and wellness being the most talked-about fad in foods and beverages, foods and beverage companies in India say they are not ...
- Lower weight, higher prices stump buyers
Food prices go through the roof and consumer product companies scrimp on quantity to protect margins.
- Fresh twist in Parle logo war
The scrap capable of breaking a sweet tooth between the two factions of the Parle family-Parle Products and Parle Agro-over the use of the ...
- Chauhans lock horns over Parle brand, yet again
The two factions of the Parle family - Parle Products and Parle Agro - are involved in a legal tussle yet again.
- No sign of truce in battle over 'Parle' brand
A bitter legal battle between two branches of the Chauhan family-controlled Parle Group shows no signs of abating after one faction threate...