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NEUTRACEUTICAL INDUSTRIES
Goyal urges industry to pass on GST rate cut benefits to consumersUnion Minister Piyush Goyal urged the industry to pass on the full benefits of GST rate reductions to consumers, calling it the biggest ref...- Dabur’s Pradip Burman sells off nutraceutical firm Sanat Products to Willmar SchwabeBurman confirmed the development to ET but declined to divulge financials of the deal. “This is a private transaction between the entities....
- Adrenaline Rush: This drug firm is up 32% in 40 days, and is ready to rallyThe stock has been a darling of mutual funds and foreign institutional investors (FIIs).
- IT, pharma and telecom top sectoral picks for MFs in AprilFund managers have been sellers in select public sector companies.
- Firmenich acquires majority stake in VKL SeasoningVKL Seasoning will retain its brand identity and will operate as a stand-alone business within the company. Financial terms of the deal hav...
- True North puts VKL stake on sale, eyes Rs 1,000 crore dealA True North spokesperson declined to comment on the planned transaction, while emails sent to Ajay Mariwala, managing director of VKL, and...
- GST rate not fixed for food supplements yetLack from nutraceuticals’ categorisation under the GST could mean they are levied the top GST rate of 28%, up from 18-22% now.
- Everstone Capital to acquire majority stake in Kailash Logistics for Rs 200 croreThe broad contours of the latest transaction envisages Everstone, through its logistics and warehousing unit IndoSpace, picking up a contro...
- India's share in global herbal medicinal market just 0.5%: GovernmentIn an estimated global market of around $70 billion, India's share in the global herbal medicinal market is a miniscule 0.5 percent at $358...
- Six startups awarded at Vibrant Gujarat’s Startup Grand ChallengeThe national level -- Startup Grand Challenge -- which was organized by iCreate with an objective of finding innovative technology.
- FSSAI CEO transfer: Friend informed Yudhvir Singh MalikSources in the Food Safety Standards Authority of India (FSSAI) said everyone in the organisation was in dark about Malik's transfer.
- FSSAI should form rules for nutraceuticals, diet supplements: ASSOCHAM reportThe paper said about 60-70 per cent supplements in the market are fake such unregistered and unapproved products should be recalled.
- APCC needs to collectively develop technologies, share expertise: T K Jose"Discussions have been held on how to expedite and accelerate research on adopting tissue culture in coconut palms," Jose said.
- Nitta Gelatin hopes to post profit this yearNGIL, a major manufacturer of products essential for the pharmaceutical industry, hopes to turnaround and post profit this year.
- Elder Pharma to sell Indian brands in European marketElder Pharmaceuticals Ltd will soon roll out its leading Indian brands in the European market through its subsidiaries in Britain and Bulga...
- Elder Pharma to strengthen position in womencare, neutraceutical segmentsThe company aims to increase its reach and market share in the two segments, both through in-licensing products and its own products.
- Special purpose foods to come under govt scannerAre slimming cereals, rejuvenating sports drinks and tooth-whitening chewing gums for real? Consumers are about to find out.
- Not just on your table, shrimps, fish go the distanceFish products have lately started finding takers in pharma, wine and paper industry while shrimps are used to enhance farm yield.
- Indian Pharma Industry: In the pink of healthInnovation, international partnerships, collaborations, inflow of funds, clinical trials partnerships and co-development deals are changing...
- Danone, Avesthagen close to Rs 153-cr investment dealFood giant Groupe Danone is raising its stake in India on its own. The Paris-based behemoth is in advanced talks with Avesthagen, a bio-nut...
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