Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In India, Danone holds a 25.5 per cent stake in market leader Britannia Industries through holding company Associated Biscuits International Holdings.
Royalty terms with Danone for brand on the cards.
Britannia, which is celebrating its centenary year in 2018, will first look at expanding its dairy and bakery businesses, before turning its attention towards new food categories. The attempt is to become a total foods company, as it eyes a well-rounded presence in the market.
As it turns out, in recent years, companies operating in India have been increasing royalty and technical payments to their parent or associate companies at a fast pace.
French firm in talks with Wadias over future relationship.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Dispute over competing investments may carry on.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Besides launching 50 products with a refreshed logo, Britannia to issue bonus debentures of Rs 720 crore
The firm, which traces its origin back to 1862 in a humble Kolkata bakery and its subsequent listing on the bourses in 1918, says that it now wants to grow "substantially" and not just rest on its laurels.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The Delhi high court dismissed an interim application seeking to restrain Britannia Industries from using the logo, mark and mascot of the 2003 World Cup in its promotional campaigns.\n\n\n\n\n\n\n\n\n\n
Britannia Industries Ltd has decided to appoint CC Chokshi & Company to examine all relevant papers and material and submit a report to the company's board.
Britannia Industries Ltd on Saturday reported a 6.77 per cent increase in its net profit to Rs 26.8 crore for the third quarter as against Rs 25.1 crore in the corresponding quarter last fiscal.
While sales momentum from rural areas may last another three to six months, sales growth in urban areas could stage a comeback by next year's June quarter as people learn to live with the coronavirus and economic activity gradually improves in the cities.
The ruling mean FPIs cannot seek treaty protection against the new withholding tax that companies are required to deduct at source. The apex court order pertains to when the cricketing bodies of Pakistan, India, and Sri Lanka formed a joint committee to conduct the 1996 Cricket World Cup.
Top companies reported that despite most of them making staples and essential products, movement of raw material, goods and labour remained restricted, impacting sales.
Companies from Nestle and ITC to Hindustan Unilever and Patanjali have pledged to reduce use of unhealthy ingredients by five to 50 per cent
While companies have not launched too many products in rural areas of late, easy financing has helped push up demand.
Modi, after delivering his sixth straight address to the nation on Independence Day from the ramparts of the Red Fort in New Delhi, went into a brainstorming session with Sitharaman and all top officials in her ministry, sources privy to the development said. T
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.
Check out the star arrivals.
Vinita Bali to lead global ops, new business growth; COO Berry to head India operations.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Finalises blueprint to become pan-Indian dairy player; to set up plants in 6 states.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.