Wipro Consumer Care Ventures Invests in Grooming Startup
Wipro Consumer Care Ventures has signed agreements to invest in Chandigarh based start-up named as ‘LetsShave’ which sells male and female shaving and grooming products....
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OYO India Sales Hit $604 Mn, Losses Down to 14%
Hospitality unicorn OYO Hotels & Homes has announced that its standalone losses in India went down from 24 per cent in the financial year 2018...
Tinder Launches Verification Feature to Curb Catfishing
Location-based dating service major Tinder is rolling out a photo verification service, which it says will help ensure every match is who they say they...
Q1 Net Profit Up 35% of GlaxoSmithKline Pharma
On Monday, drug firm GlaxoSmithKline Pharmaceuticals reported a 35 per cent rise in its standalone profit to Rs 113.54 crore for the first quarter ended...
10% Stake Sold in Emami for Rs 1,230 Crores
On Monday, FMCG firm Emami said its promoters have sold additional stake proportion to 10 per cent in the company for Rs 1,230 crores. This...
Dabur CEO Talks About The Company's Growth Rates
In FMCG, we find both volume and value trajectory have come down, says the Dabur CEO. If you look at the recent data on the...
Nestle Got Permitted By Holders For Royalty Payment To Parent Firm
Nestle India Ltd. said its shareholders have cleared a proposal for the continuation of royalty payments to its Swiss parent firm Societe des Produits Nestle...
Jubilant Foodworks Found Guilty of Earning Illegal Profit
Jubilant Foodworks has been found guilty of not passing on GST-cut benefit of Rs 41.42 crore on sale of some pizza products. Jubilant Foodworks runs...
ONGC Planning To Invest Rs 6000 Crores In Assam
Oil Natural Gas Corporation (ONGC) yesterday announced that the company will invest Rs 6,000 crores in Assam for drilling 200 wells over the course of...
HUL Might Take Legal Actions Against Anti-profiteering Agency
Hindustan Unilever Ltd, one of the largest FMCG player in the market, stated that it is considering legal options against National Anti Profiteering Authority after...