Yum Brands In Talks To Facilitate Merger Of Devyani & Sapphire Foods India: Reports
The reports state that the talks could result in a share swap deal, with Sapphire Foods India getting merged into Devyani International
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Haldiram’s Delhi & Nagpur Factions Merge, Form Haldiram Snacks Food
- by BW Retail World Bureau
- April 8, 2025
Haldiram Snacks (Delhi) and Haldiram Foods International (Nagpur) have completed their merger to form Haldiram Snacks Food
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United Spirits Faces Rs 5.51 Cr Tax Demand For Missing Forms
- by BW Retail World Bureau
- April 3, 2024
United Spirits on Tuesday stated that it has been served with a tax demand amounting to Rs 5.51 crore, inclusive of interest, due to the non-submission of specific statutory declaration forms and delivery proofs. The Deputy Commissioner of State Tax, Nanded, imposed this demand concerning the non-submission of said forms and proofs about Pioneer Distilleries, […]
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PVR Inox Profit Falls 20% Despite Revenue Jump In Q3 FY24
- by BW Retail World Bureau
- February 1, 2024
PVR Inox reported a 20 per cent fall in its consolidated profit after tax (PAT) at 12.8 crore in the December quarter, compared with Rs 16.1 crore in the last year period. Revenue from operations rose 64 per cent YoY to Rs 1,546 crore in the reporting third quarter. This compares with Rs 940 crore […]
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Tata Coffee Merges with Consumer & Beverages Arms, Effective 1 January
- by BW Retail World Bureau
- December 30, 2023
Tata Coffee, a Tata Group company, is set to finalise its merger with Tata Consumer Products (TCPL) and Tata Beverages and Foods (TBFL) on Monday, as per the company’s stock exchange filing. The record date for determining the shareholders entitled to receive TCPL’s equity shares post-demerger and amalgamation is 15 January. The company’s BSE filing […]
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CCI Approves Acquisition of Stake In Lenskart Solutions By Kedaara Capital
- by BW Retail World Bureau
- October 4, 2023
The Competition Commission of India (CCI) has given its approval for the acquisition of a 1.74 per cent ownership stake in Lenskart Solutions by Kedaara Capital Fund III LLP. Lenskart Solutions specialises in eyewear products, while Kedaara Capital Fund is a registered Alternative Investment Fund (AIF) under SEBI and is part of the Kedaara Group. […]
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NCLT Approves PVR-INOX Merger
- by BW Retail World Bureau
- January 13, 2023
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 […]