Friday, October 15, 2021
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Everstone Capital sells Modern Foods to Mexico’s largest bakery firm: Report

Home grown private equity fund Everstone Capital has sold its iconic bread brand Modern Foods to Mexico’s largest food and bakery company, Grupo Bimbo, according to a report...
Britannia Industries Q2 net up 23 pc to Rs 495 crore

Britannia Industries Q2 net up 23 pc to Rs 495 crore

Britannia Industries Ltd on Monday reported a 22.96 percent increase in consolidated net profit to Rs 495.20 crore for...
FMCG stocks on a roll as household binge during lockdown drives valuations

FMCG stocks on a roll as household binge during lockdown drives...

Stocks of fast-moving consumer goods (FMCG) companies are on a roll since the lockdown in March as increased consumption...
Direct to Consumer emerges as an alternate sustainable retail strategy post-COVID-19, says GlobalData

Direct to Consumer emerges as an alternate sustainable retail strategy post-COVID-19

The recent lockdown sprees have compelled the brands to look at alternative ways to provide consumers the products they...
Britannia to invest Rs 700 crore to set up five new factories in over 2 years

Britannia to invest Rs 700 crore to set up five new...

Homegrown food company Britannia Industries will invest over Rs 700 crore to open five new manufacturing units in the...
Ruchi Soya appoints Sanjeev Asthana as CEO

Ruchi Soya appoints Sanjeev Asthana as CEO

Ruchi Soya Industries, which is owned by Baba Ramdev-led Patanjali Ayurved, has appointed Sanjeev Asthana as its CEO. According to...
In-home consumption surges as consumers binge on biscuits, salty snacks

In-home consumption surges as consumers binge on biscuits, salty snacks

Food categories like biscuits, salty snacks, instant noodles, beverages, edible oils are seeing an increase in demand as in...
Britannia launches WhatsApp based store locator

Britannia launches WhatsApp based store locator

Britannia Industries Ltd has launched a Store Locator service to enable consumers to find their favourite Britannia products in...
Lockdown: Britannia utilising 65 pc of its capacity, focus on optimising limited manpower

Lockdown: Britannia utilising 65 pc of its capacity, focus on optimising...

FMCG major Britannia Industries on Thursday said it is now utilising 65 percent of its installed capacity and is...
Britannia partners with Dunzo for home delivery of food essentials

Britannia partners with Dunzo for home delivery of food essentials

Britannia Industries has partnered with on-demand e-commerce platform Dunzo on home delivery of all its products. Customers can avail Britannia...