The government on Friday said it would examine a complaint by the Mumbai-based textile-to-food conglomerate Wadia group against Groupe Danone, its French joint venture partner in Britannia Industries Ltd.
Besides launching 50 products with a refreshed logo, Britannia to issue bonus debentures of Rs 720 crore
It will take legal action against French food giant Group Danone, for nauthorised use of the Tiger biscuit brand in other countries.
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.
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.
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.
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.
Dispute over competing investments may carry on.
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.
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
Top companies reported that despite most of them making staples and essential products, movement of raw material, goods and labour remained restricted, impacting sales.
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 companies have not launched too many products in rural areas of late, easy financing has helped push up demand.
Companies from Nestle and ITC to Hindustan Unilever and Patanjali have pledged to reduce use of unhealthy ingredients by five to 50 per cent
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
Three stockmarket experts give their best picks for the New Year.
Uber, Puma, Nissan, Britannia have already lined up for the upcoming parade of cricketing nations, looking to align with the game and its legion of fans
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