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ITC MOTHER SPARSH
ITC increases its stake in Mother Sparsh to 49%, plans to complete acquisition by Q1 FY27ITC is increasing its stake in Mother Sparsh, an Indian baby care brand, from 26.5% to 49.3% with an additional investment of Rs 81 crore. ...
ITC to acquire 24 Mantra Organic brand in a Rs 472 crore deal to boost organic food businessITC Limited has acquired Sresta Natural Bioproducts, the company behind '24 Mantra Organic', to strengthen its presence in the organic food...
ITC to acquire Sresta Natural Bioproducts for Rs 472.5 croreITC Ltd is expanding its presence in the organic and natural products sector by acquiring Sresta Natural Bioproducts, owner of '24 Mantra O...
The Classic pivot: Charting ITC’s FMCG growth storyITC, the 113-year-old company known for its cigarette business, has successfully diversified its revenue streams and achieved leadership po...
PhonePe enters stockbroking; Swiggy tests bundling for ‘One’ subscriptionsPhonePe said in a statement that Share.Market will elevate discount broking through ‘WealthBaskets’, a market research-based technology pla...
ITC partners startups to stay 'agile and nimble'Indian conglomerate ITC has partnered with around 45 startups in various sectors, including consumer space, social commerce, content creati...
Global, Indian FMCG companies in race for Capital FoodsPepsiCo and Reliance Industries are among those said to have been sounded out by Goldman Sachs, the investment bank mandated to run the auc...
Rise in air travel lifts ride-hailing apps; Karnataka IT minister wants moonlighters to leaveAfter two years of subdued demand in the wake of intermittent lockdowns, the shift to work-from-home, and a general sense of discomfort amo...
ITC invests in Mother Sparsh; baby care brand looks to raise Rs 100 croreMother Sparsh said it plans to enhance its portfolio significantly in baby skincare and mother-oriented segment. The funding announcement c...
Dabur’s D2C brands to cross Rs 100 crore in sales this fiscal, says CEO Mohit Malhotra“We are rolling out a series of digital-first new products this year. Our strategy is to use e-commerce as the launch platform for many new...
ITC AGM Key Highlights: FMCG business, new launches, export potential & moreThe legal cigarette industry has been severely impacted by smuggled and tax-avoided products over the years and a relatively stable tax reg...
ITC to acquire 10 pc stake in Blupin TechnologiesBlupin Technologies is a web and app-based content-to-community-to-commerce platform and offers mother and baby care products and services ...
Many FMCG companies take recent online launches offlineWith ecommerce doubling its contribution over the past two years, several mainstream companies either launched online-only brands or acquir...
ITC drops 2% as firm picks 8.70% stake in Mother Sparsh Baby CareThe fresh acquisition comes in the wake of an announcement made by ITC on November 26 in which the Kolkata-headquartered firm said that it ...
Stocks in the news: Shriram Properties, Airtel, Zomato, ITC and Future GroupShriram Properties, the south India-based real estate player, will make its Dalal Street Debut on Monday. It sold its shares in the range o...
ITC shares rise ahead of analyst day meeting; FMCG growth plans in focusThe announcement of the meeting last week sent the company’s stock soaring more than 7 per cent and has led to a build-up of palpable excit...
What to expect from tobacco giant ITC’s big analyst day meeting?The announcement of the meeting last week sent the company’s stock soaring more than 7 per cent and has led to a build-up of palpable excit...
Stocks in the news: IndusInd Bank, Paytm, Vedanta, Tata Steel, ITC and telcosFollowing the footsteps of Vodafone Idea and Bharti Airtel, Reliance Jio announced up to 21 per cent hike in its prepaid tariffs from the n...
Consumer internet companies strike record number of deals this yearIndustry executives said they expect the momentum to continue, with high growth forecast across consumer-facing companies.
ITC to acquire 16% stake in D2C brand Mother SparshThis share acquisition is expected to be completed, in two tranches, within eight months from the date of execution of the Agreements.