HUL announced on Friday the sale of its Annapurna and Captain Cook brands to Singapore-based Uma Global Foods for Rs 60.4 crore in order to leave the non-core atta and salt sector. It has reached an agreement to sell its atta and salt businesses, which operate under the trademarks ‘Annapurna’ and ‘Captain Cook,’ respectively, according […]
Union Ministry of Textiles is set to organize three-day show on technical textiles ‘Technotex 2023: Envisioning Indian Technical Textiles@ 2047′, to be held from 22 February. The event will be held at the Bombay Exhibition Centre, Goregaon, Mumbai. Technical textiles, which includes textiles meant for some specific purpose like medical, defence, industrial, agriculture, automotive, building, […]
People’s attitudes around renting clothes are shifting, and the most crucial aspect is that the taboo of wearing a rental item is no longer there, said Anchal Saini, CEO- Flyrobe. “Over the last few years, a lot of little organisations or small players have come into small rental stores and launched new kinds of openings, […]
Supply chain planning is integral to the success of any business. The appropriate planning strategies can create a competitive advantage and yield substantial returns. However, despite its importance, many organisations struggle to realise its true strategic value. Supply chain management enables effective and economical operations, allowing businesses to maximise earnings while improving customer experience. Further […]
Indian Railways and India Post have formally launched Rail Post Gati Shakti Express Cargo Service, Joint Parcel Product of Railways, and India Post. In consonance with the ‘Gati Shakti Master Plan’ to provide seamless solutions for the movement of parcels, Indian Railways and the Department of Post have collaborated and evolved a Joint Parcel Product […]
The Union Health Ministry is likely to take strong action against the misuse of drugs by the E- Pharmacies including their closure, official sources said on Thursday. “The E- Pharmacies are currently following that business model which can be problematic for patients who are ordering medicine online, their data privacy at risk and possibility of […]
Nestle India reported a 65.50 per cent increase in net profit for the fourth quarter ended 31 December 2022, at Rs 628.06 crore on Thursday. As per it’s regulatory filing, the company, which follows the January-December fiscal year, generated a net profit of Rs 379.48 crore in the same quarter previous year. In the fourth […]
Of the 19,000 MoUs signed by the Uttar Pradesh Government at the recently concluded three-day Global Investors Summit 2023 here, about 9,000 belong to the Micro, Small, and Medium Enterprises (MSME) sector, according to an official statement. The investors’ summit which came to a close last Sunday was the flagship investment summit of the Yogi […]
Reliance Retail on Wednesday launches Tira, an online beauty platform, according to media reports. The beauty ecommerce space is rapidly growing and tapping the market, there are players such as Nykaa, Tata CLiQ Palette, Sephora, SS Beauty by Shopper’s Stop and more. The reports further reveal that Tira, which Reliance intends to scale up with […]
National miner NMDC on Wednesday said it registered its best-ever third quarter (Q3) production with 10.66 million tonne produced in the third quarter of FY23 (2022-23). The miner had its net profit more than halved to Rs 903 crore in October-December 2022, against Rs 2,046.88 crore in the year-ago period of the preceding 2021-22 fiscal. […]
