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PARLE AGRO PROFIT
Parle Agro profit jumps manifold to Rs 115.38 crore in FY25, revenue rises 5% to Rs 3,284 croreParle Agro has achieved a significant multi-fold growth in its consolidated net profit, reaching Rs 115.38 crore in FY25. The beverage gian...- How Budget 2025 can walk the tightrope of India's 'sins'Sin Tax Budget 2025: India’s plan to become a developed nation by 2047 requires a healthy workforce, but over 1% of GDP is lost to cigarett...
- Prosus invests $80 million in supply chain finance startup Mintifi for 10.6% stakeProsus has invested around $80 million for a 10.6% stake in Mintifi, a leading Indian supply chain finance fintech. Mintifi partners with c...
- '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...
- Electoral Bonds: Keventer group, third largest poll bond buyer, poured total Rs 617 croreEntities from Kolkata, led by Mahendra Kumar Jalan, significantly invested Rs 617 crore in electoral bonds. Keventer Agro, involved in vari...
- ETPWLA 2023: Presenting the shortlisted nominees for the Business Leader of the Year AwardAhead of the Grand Finale of the ETPrime Women Leadership Awards (ETPWLA) 2023, the Economic Times takes immense pride in showcasing the no...
- Supply chain financing startup Mintifi raises $110 million in funding led by Premji InvestAccording to Mintifi, it will use a large part of the current raise to expand its loan book, and focus on growth of disbursals on its platf...
- Single-use plastic ban: How will it affect listed companies“We believe that the share of plastics used for these banned SUPs (single-use plastic) is not large (less than 2-3%) and our interactions w...
- Enough paper straw capacity in India: IPMA"A wrong impression is being created that presently there is no Indian paper mill that can manufacture the required paper for making paper ...
- Inflation a pre-festivity red flag for FMCG companiesIndia's retail inflation eased to 5.3% in August after hitting a high of 6.3% in May. However, wholesale inflation remained high in double ...
- How to revive brandsWhat are the rules of bringing back brands from the dead?
- Retail tech company Mobisy raises $3.5 million in second round of fundingLaunched in 2007, Mobisy enables orders from over 5 mn retail outlets (about a third of India's retail ecosystem) and its goal is to build ...
- Paper Boat has wind in its sales, but losses riseThe seven-year old company posted sales of Rs 72 crore for 2015-16, up from Rs 32 crore in the previous year. Its net loss in 2014-15 was R...
- Glucose runs out of energy, falls behind cookies and cream biscuits in IndiaDuring April-September, glucose category had 19.3% share in the biscuit market in value sales while cookies had 26.2% share and cream 22.2%.
- Milk product makers hope government would allow casein exports this year"Owing to a good procurement price and marketing, we have seen an all-time rise in milk procurement this flush season," said GCMMF MD R S S...
- FMCG company Dabur introduce Burrst Fizz brand to tap fizzy drinks marketThe fruit-based carbonated drink segment has a market size of Rs 200 crore at present with products like Appy Fizz, Nimbooz & others.
- 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.
- Confectionery makers get stuck in a sugar price trapConfectionery makers have seen input costs gnaw at their margins so far this year as a steep drop in India’s sugar production has caused pr...
- Packaged water brands face an WaterlooA shakeout in the packaged water sector is looming large, driven by poor business parameters.
- Wafer-thin margins big issue for water brandsSeveral brands like Bailey and Himalaya have been on the block for several months, but have been unable to find buyers.
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