FMCG major Britannia Industries' results for the January-March quarter (Q4) of the financial year 2023-24 (FY24) were received enthusiastically by the market with the share going up by 6.7 per cent on Monday to close at Rs 5,061.60 on the BSE. However, analysts said the results were in line with margins, and disappointing in terms of revenue growth. The consolidated net sales (excluding other operating income) rose 3 per cent year-on-year (Y-o-Y) to Rs 4,010 crore in Q4.
A richly indulgent, tricolour sweet treat for Independence Day.
The government said there is no proposal to abolish import duty on refined edible oils and no plans to ban sugar exports through Advance License Scheme, under which mills have an obligation to export about one million tonnes of sugar by March. "We have no such proposal," Food Secretary B C Gupta told reporters here when asked if the government was planning to waive off import duty on refined edible oils from the existing charge of 7.5 per cent.
A refreshing cocktail to celebrate summer's favourite fruit.
Robot girlfriends, wish granting stars, creepy aliens, private detectives, brace yourself for unlimited excitement on OTT this week.
NCP MP Supriya Sule and other party leaders accompanied the 38-year-old legislator till the entrance of the probe agency's office.
Before the monsoon begins, let your system stock up on enough panna.
Choose home-cooked snacks prepared with minimal oil and sugar for sweetness. Avoid snacks prepared in ghee, butter or saturated oils, says Dr Harshal Ekatpure.
Following the Central government's decision to give sops to sugar sector for exports, the commodity's exports are likely to touch 2 million tonnes this year, twice the initial forecast.
Your mornings are made if you start them with this spiced vermicelli dish.
'We were children and could not distinguish freedom from bondage, but we could understand that a momentous and happy event was imminent.'
One of India's leading industry bodies - the Associated Chambers of Commerce and Industry - on Friday urged the government to bring sugar, textiles and tobacco products under value added tax.
While the country awaits for the grand pran pratishtha ceremony of Ram Lalla at Ayodhya's temple, on the sixth day of the ceremony, the Ram Lalla idol was bathed with water from 114 Kalash (vases), each containing specially medicated liquids.
Intermittent fasting, when not carried out under professional guidance, comes with its fair share of woes and health issues, warns Jashan Vij, a health coach and fat loss expert.
India's sugar exports are expected to cross 1.5 million tonnes in the sugar season that began in October 2002, Food Minister Sharad Yadav said on Wednesday.
This eggplant preparation is a marriage of several Indian flavours.
Two boozy desserts to make at home and present with elan to a loved one.
As sugar prices touched Rs 35 a kg, the government today said the rates may not spiral upward in the festival season if states manage the "little surplus" supply well and crack down on hoarding more effectively.
You can add it to your kid's lunchbox or have with your chai.
The Maharashtra government has announced fiscal incentives for the state sugar mills to ensure that they continue crushing till all the sugarcane available is consumed.
To prevent sugar prices from becoming a tool in the hands of opposition parties in the parliamentary elections, the government has allowed government agencies like MMTC, STC, NAFED and PEC to import one million tonne of white sugar duty-free. The export obligation on raw sugar imports under open general licence scheme has also been removed.
The sugar industry is all set to challenge the recent amendment to the Essential Commodities Act, which seeks to introduce a fair and remunerative price (FRP) for sugarcane, besides absolving the government of a Rs 14,000-crore levy price obligation arising out of several court rulings.
Bharatiya Janata Party MP Varun Gandhi has asked sugar mills to clear dues they owe to farmers or be ready to face protests.
This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.
The case pertains to an alleged scam in the Sahakari Sakhar Kharkhana (co-operative sugar factories) and Sahakari Soot Girnis.
Starting your day with breakfast cereals or granola bars is something diabetic patients should totally avoid.
When its founder, Raghunandan Kamath, took a calculated risk, his Bollywood customers backed him all the way, say Rohith Potti and Pooja Bhula.
A division bench led by Justice Nitin Jamdar said the MPCB order was set aside for being 'disproportionate' and noted the order was passed in a 'hasty manner'.
rediffGURU Dr Vinod Kumar, a consultant kidney health specialist at Aster RV Hospital, Bengaluru, offers advice to improve the health of your kidneys.
With the mango season finally here, treat your kids to a dessert on skewers.
India's exports to Iran have been falling over the last one year, amid decline in rupee reserves of the West Asian economy. Going ahead, the possibility of augmenting exports to Iran may not be easy for India, considering the geopolitical tensions - Russia-Ukraine and Israel-Hamas conflicts - and the West Asian country's support for Russia and Hamas, people aware of the matter said. Exports to Iran saw a downward spiral since November last year.
Sugar prices on Tuesday rose to Rs 4,250 per quintal at the wholesale market on increased buying for the current festival and marriage season amid widening demand-supply gap.
In 2019, actor turned-politician Sumalatha Ambareesh, an independent backed by the BJP, won by defeating then Kumaraswamy's son and joint candidate of the then ruling Congress-JD-S alliance Nikhil by 1,25,876 votes.
Bharti accused the media of distorting her statement, attributing it to the BJP's agenda.
The fast-moving consumer goods (FMCG) sector has underperformed the Nifty over the past year as its 20 per cent return is trumped by 29 per cent of the benchmark index. The FMCG index saw a 2.2 per cent drop in the last session, while the Nifty lost 1 per cent. FMCG is seen as a defensive segment. The demand for staples like personal care products, groceries and snacks tend to be stable. FMCG companies are consistent dividend-payers.
She also holds the distinction of delivering the longest budget speech at two hours and forty minutes in 2020.
Green Tomato Days are here. Make the most of them.
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