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Ice Make targets Rs 850 cr revenue in FY27, sees new businesses boosting scaleThe company reported record revenue in FY26. Investments impacted profitability, but operating leverage should improve. An order book of Rs...
Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in IndiaIndia’s cola war between Reliance’s Campa Cola, Coca-Cola and PepsiCo is unexpectedly boosting sales of commercial refrigerators, as bevera...
₹10, ₹20 cola bottles heating up soft drinks fight this summerSoft drink competition is intensifying as new entrants gain market share, prompting established players to boost marketing and distribution...
Varun Beverages Ltd forms JV with Everest International to make refrigeratorsVarun Beverages has entered into a joint venture with Everest International Holdings, forming White Peak Refrigeration. VBL holds a 50% sta...
Stocks in news: Zydus Life, NTPC, HDFC Life, Varun Beverages, TVS MotorIndian markets closed marginally higher, buoyed by GST reforms signaling a significant tax overhaul. Zydus Lifesciences will introduce a ge...
Varun Beverages Q1 Results: PAT up 5% YoY despite 2% dip in revenueVarun Beverages, PepsiCo's bottling partner, announced its Q1 results. The company saw a profit increase. However, revenue experienced a sl...
Commercial freezers are the hottest thing in town this summerIndia's commercial refrigeration market is experiencing unprecedented growth, driven by the quick commerce boom and intense competition amo...
Varun Beverages to acquire 50% stake of Sri Lanka's Everest Industrial for $3.75 mnVarun Beverages on Monday announced the acquisition of a 50% stake in Everest Industrial Lanka (Private) Limited (EIL) for a consideration ...
Blue Star aims 20 per cent growth from its Commercial Refrigeration solutions businessBlue Star anticipates 20% growth in its Commercial Refrigeration segment, driven by increased consumption of frozen foods and dairy. The co...
India, Indonesia sign MoU to launch cooperation in Mutual Fund industryIndia and Indonesia enhance their financial partnership with a new MoU between their mutual fund industries, aligning with ambitious econom...
Global port congestion, high shipping rates to last into 2023The COVID-19 outbreak has lengthened ship delivery times since 2020, pushing up freight costs, while the Russia-Ukraine conflict and lockdo...
PM Modi best PM in the most complex nation, tweets Rupert Murdoch after media meetMaking his pitch for smoother IPR regime, PM said India not just valued intellectual property but also was doing everything to protect it, ...
US media honchos seek speedier digitisation of Indian system during meet with PM Narendra ModiDescribing India as the "biggest market", America's media honchos have called for speedier digitisation of the Indian system.
We create new occasions for chocolate sales: Chandramouli Venkatesan, MD, Mondelez India"We have over 20,000 new villages and have added about 500,000 new stores in these villages. There is a clear expansion programme," Venkate...
Reverse innovation 2.0: Samsung, Renault take India's frugal engineering globalSamsung is not the only global company which is taking advantage of frugal engineering and cheaper development costs in India.
Australia asks India to promote small and medium enterprisesThe small and medium enterprises (SME) sector can play a key role in further strengthening trade ties between Australia and India.
Best time to be in India: PM Narendra Modi tells Australian business leadersThis is the best time to be in India, Modi said as he wooed top Australian corporate honchos to invest in the country which is undergoing r...
Narendra Modi to meet top Australian business leaders at Melbourne roundtableThe meeting will take place at the Government's house on November 18 after Modi has attended the G20 summit in Brisbane.
Israel's former President Shimon Peres to visit India, call upon PM Modi and Sonia GandhiPeres, who completed his seven-year tenure as president in July this year, maintains a strong presence in Israeli public life given his int...
- Four Soft acquires Denmark co for $ 10 mn
Four Soft, transport and logistics software technology firm, has acquired Denmark-based Transaxiom Holding, including its subsidiaries in t...