One of the leading beverages firm Wild Drum has launched its new collection of hard seltzer drinks. These carbonated drinks are vegan, gluten-free, low-calorie, fat-free, and with no preservatives and are available in four delectable flavours-Pure, Peach, Mango, and Lemon-Mint It has two different strengths of 4.75 per cent ABV and 8 per cent ABV. […]
Bikaji Foods International recorded a Profit After Tax (PAT) of Rs.3,169.39 lakh for the fiscal year (FY) 2023’s third quarter (Q3). The PAT margin grew to 6.2 per cent in Q3 FY22, up from 2.4 per cent in Q3 FY22. “Taking the lead from the previous quarter, we have seen an increase in our revenue […]
The Bengaluru civic body has issued a notice prohibiting the sale of non-vegetarian dishes within 10 km of the Yelahanka Air Force Station in view of the Aero India 2023. The Bruhat Bengaluru Mahanagara Palike (BBMP) issued a notice to restaurants and proprietors of meat stalls near the Yelahanka Air Force Station to stop the […]
Markets regulator SEBI on Wednesday imposed a penalty of Rs 25 crore on Coffee Day Enterprises (CDEL), which owns Cafe Coffee Day, for allegedly violating of securities laws. In a detailed investigation carried out by SEBI, the diversion of funds amounting to Rs 3,535 crore from seven subsidiaries of CDEL to Mysore Amalgamated Coffee Estates […]
Patanjali Foods reported a 15 per cent increase in net profit to Rs. 269.19 crore for the quarter ending December 2022 on Wednesday. This compares to a net profit of 234.07 crore in the previous year, according to the company’s regulatory statement. Revenue from operations increased by 26 per cent to Rs 7926.64 crore, up […]
This season, adidas Originals throws open the doors to self-expression as it unveils a new campaign featuring Brand ambassador and Bollywood Superstar, Ranveer Singh. The Trefoil draws on the daring charm of Ranveer Singh to bring back streetwear mentality to elite fashion and democratize access to culture and empower the next generation of icons. For […]
Tata Coffee reported a 44.71 percent drop in consolidated net profit for the December quarter to Rs 38.40 crore on Tuesday. Tata Coffee (TCL) reported a consolidated net profit of Rs 69.46 crore in the previous fiscal year in a regulatory filing. Consolidated total income for the quarter increased by 19.13 percent to Rs 754.76 […]
PVR announced a total net profit of Rs 16.15 crore for the third quarter ended December 31, 2022, aided by increases in key performance parameters. According to a regulatory filing, the business incurred a combined loss of Rs 10.18 crore a year earlier. Its consolidated income from operations increased by 53.17 percent in the third […]
The Mumbai bench of the National Company Law Tribunal (NCLT) approved the merger of multiplex operators PVR and INOX on Thursday. “We are pleased to inform you that the NCLT, Mumbai Bench, has approved the Proposed Scheme today, January 12, 2023. The Company is awaiting a copy of the detailed order, which will be disclosed […]
The government on Thursday said that the food processing industry has invested Rs 4,900 crore so far under the production-linked incentive (PLI) scheme. The PLI scheme for the food processing industry was approved in March 2021, with a budget outlay of Rs 10,900 crore. It will be implemented for seven years, until 2026-27. “A total […]
