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Business  /  Published 16.09.22

Annapurna to invest Rs 300cr

Guwahati-based fast-moving consumer goods firm Annapurna Group plans to invest Rs 300 crore by 2025 to support its expansion. The company, which currently operates plants in Guwahati and Meerut, will...
By A Staff Reporter in Calcutta

Business  /  Published 02.08.22

ITC profit jumps 33%

ITC Ltd on Monday surprised the market with a 33 per cent jump in profit and a 39 per cent spike in revenue from operations in the first quarter of the fiscal, way ahead of the consensus estimates of ...
By Our Special Correspondent in Calcutta

Business  /  Published 20.07.22

HUL profit rises 14 per cent

FMCG major Hindustan Unilever Ltd on Tuesday reported an increase of 13.85 per cent in its consolidated net profit at Rs 2,391 crore for the first quarter ended June. The company had posted a net prof...
By PTI in New Delhi

Business  /  Published 17.06.22

Eveready: 38% for Burmans

The Burman family’s open offer to the minority shareholders of Eveready Industries India Ltd (EIIL) has fetched a 14.3 per cent additional stake in the company, taking their holding in the dry c...
By Sambit Saha in Calcutta

Business  /  Published 04.06.22

Turkey rejects wheat shipment from ITC

Piyush Goyal on Friday said restaurants cannot add “service charge” to the food bills, although customers at their discretion can give tips separately. He said if restaurant owners want t...
By Our Special Correspondent

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Business  /  Published 02.06.22

Wellness foods on Nestle expansion menu

Billionaire activist investor Nelson Peltz didn’t have to wage an all-out proxy war this time — Unilever welcomed him onto its board with little apparent fuss.Peltz will become a non-execu...
By Our Special Correspondent in Calcutta

Business  /  Published 19.05.22

ITC profit rises 11.7 per cent

ITC beat Street expectations with a 15.25 per cent jump in revenue from operation and an 11.7 per cent rise in profit on a consolidated basis in the fourth quarter of the fiscal, backed by performance...
By Our Special Correspondent in Calcutta

Business  /  Published 06.05.22

HUL raises product prices

Hindustan Unilever Ltd (HUL) has reportedly raised prices of its personal care products by 2-15 per cent. This follows the increase in the prices of commodities such as crude, soda ash and palm oil am...
By Our Bureau in Mumbai

Business  /  Published 28.04.22

HUL profit rises 8.6%

Hindustan Unilever Ltd (HUL) on Wednesday beat Street estimates when it reported an 8.6 per cent rise in net profits for the quarter ended March 31. Net profits at the FMCG giant rose to Rs 2,327 cror...
By Our Special Correspondent in Mumbai

Business  /  Published 26.04.22

Eveready open offer delay

The Burman family’s open offer for a 26 per cent stake in dry cell battery maker Eveready Industries India Ltd will be delayed. Entities controlled by the Burmans, promoters of FMCG giant Dabur...
By Sambit Saha in Calcutta


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