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Parag Milk expects dip in revenue growth over next 3 years

Parag Milk Foods is expecting a dip in revenue growth to up to 15 per cent per annum over the next three years, and will focus on dairy FMCG products in this period.According to a PTI report: The company's...

Reserve Bank gives permission to foreign investors to hike stake in Parag Milk Foods to 40 pc

The Reserve Bank said foreign investors can increase their stake in Parag Milk Foods to 40 per cent from the existing limit of 24 per cent. According to a PTI report: The investment limit for Foreign Institutional Investors (FIIs)/Foreign Portfolios...

Delhi to get a taste of Parag Milk’s premium brand Pride of Cows

What’s common to Sachin Tendulkar, Amitabh Bachchan, Nita Ambani, Hrithik Roshan, Farhan Akhtar and Swati Piramal? Apparently all these Mumbai-based celebrities are consumers of Pride of Cows, the premium farm-to-table milk brand from Parag Milk Foods, which is ready...

Parag Milk IPO subscribed 23 pc on second day

The Rs 760 crore IPO of Parag Milk Foods was subscribed 23 per cent on the second day of the issue. The offer received bids for 43, 67, 935 shares against the total issue size of 1,91,85,714 shares. On BSE,...

Motilal Oswal set to offload stake in Mrs Bector's to Singapore PE fund

Motilal Oswal Private Equity is reported to be close to selling its stake in Mrs Bector’s Foods Specialties Ltd to Singapore-based PE fund CX Partners for an estimated Rs 300-350 crore. The company had acquired 20 per cent stake in...
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Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C...
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