ITC to Invest INR 20,000 Crore in India’s Growth: New Products, Market Expansion and Strategic Innovation
ITC Ltd will invest INR 20,000 crore in the medium term across various sectors. It will now focus on FMCG, paperboard, packaging and innovation. The investment aims to enhance competitiveness & launch new products. It will capitalize on India's projected economic growth despite current challenges.
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Milky Mist Plans INR 2,000 Crore IPO: Check how it will Expand to Compete with Amul in Dairy Market
Milky Mist, an Erode-based dairy company, plans an IPO at a INR 20,000 crore valuation to expand its product range and compete with Amul. Founded by T Sathish Kumar, it ended FY24 with a turnover of INR 2,000 crore
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Patanjali Foods shall Acquire Non-Food Business of Patanjali Ayurved for INR 1,100 Crore
Patanjali Foods will acquire Patanjali Ayurved's non-food business for INR 1,100 crore. By this, they will expand into hair, skin, dental and home care products. The deal awaits necessary approvals and includes a licensing agreement for Patanjali Ayurved's intellectual properties.
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Viral Honest Review Slams Mamaearth Products, CEO Responds to Save her Brand
A woman's scathing online review of Mamaearth products goes viral, prompting a response from the company's CEO. The CEO defends the brand's quality while the woman claims her experience is shared by others. Social media users are divided, with some supporting Mamaearth and others siding with the reviewer
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Nestle India Surpasses Expectations with Robust Q4 Performance
"I am pleased to share that despite the challenges posed by rising food inflation and volatile commodity prices, we have achieved double-digit growth." Said CMD of Nestle India
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Calcutta HC Restrains HUL from Using ‘Glow & Handsome’ Mark
The HC considered Emami to be the first company to create anti-blackness products for men and promoted its "Fair and Handsome" product line in October 2005, before HUL did the same
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Indri-Trini: India’s Own Single Malt Whisky Emerges as World’s Fastest-Growing Liquor
The Awards and Recognition of the company include: ‘Best Indian Single Malt’, 'The World Whiskey Awards at the International Whiskey Competition', 'Asian Whiskey of the Year' and so on
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FSSAI Directs E-commerce Giants to Halt Misleading Labeling of Beverages
FSSAI is observing corrupt practices where dairy-based drink mixes cereal drink mixes or malt-based beverages are wrongly advertized as "health drinks" or "energy drinks" on e-commerce websites
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PepsiCo to Invest INR 1,266 Cr in New Flavor Manufacturing Facility in Ujjain
The facility in Ujjain will be PepsiCo India's second manufacturing site dedicated to the production of beverage flavours exclusively formulated "in India, for India"
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