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Marico Consumer Care Ltd

Marico to acquire 58% stake in Satiya Nutraceuticals for Rs 369 crore

The company has signed a definitive agreement to acquire a majority stake of 58 per cent in Satiya Nutraceuticals for a consideration of Rs 369.01 crore New Delhi: Home-grown FMCG firm Marico will acquire a majority stake in Satiya Nutraceuticals,...

Marico expects food business to reach Rs 850 crore in FY24

Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offerings New Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...

Marico creates Rs 104 cr impairment charge for investment in youth portfolio

FMCG major Marico said it has made a provision of Rs 104 crore towards impairment of investment made for the acquisition of a 'youth portfolio' in 2012. "The company has made an assessment of the fair value of investment made...
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Why consumers continue to adhere to traditional preferences in jewellery buying

While modern styles and sustainable options like lab-grown diamonds are rising, many consumers still prefer traditional jewellery The Indian Jewellery...
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