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Britannia News

Biscuit supply remains short of demand and trends show sector likely to grow in double digits even after lockdown
Business

Biscuit supply remains short of demand and trends show sector likely to grow in double digits even after lockdown

As lockdown eases, Kundu said growth in biscuits may subside during Q2 or Q3 but it will still see double digit growth in volume

Market ends on positive note; Sensex jumps 637 points, Nifty above 9,350; Re settles higher at Rs 75.46 against dollar
Business

Market ends on positive note; Sensex jumps 637 points, Nifty above 9,350; Re settles higher at Rs 75.46 against dollar

The Nifty bank index was up by 4 percent. Besides, sharp buying was also witnessed in the auto and metal stocks.

Britannia launches WhatsApp based store locator; move to help consumers find products in nearby stores
Business

Britannia launches WhatsApp based store locator; move to help consumers find products in nearby stores

The technology solution has been built to swiftly respond to the surge in consumer demand and the consumers' increasing need to find the range of Britannia products at close proximity to where they reside.

CNBC-TV18 all set to host 15th edition of India Business Leader Awards on 28 February; selection of winners a challenging task
Business

CNBC-TV18 all set to host 15th edition of India Business Leader Awards on 28 February; selection of winners a challenging task

The India Business Leader Awards honours high-achievers, outstanding leaders and true visionaries of corporate India.

ArcelorMittal's shares up 2.5%, demand recovery to remain sluggish in near term; all this and more on Moneycontrol Pro
Business

ArcelorMittal's shares up 2.5%, demand recovery to remain sluggish in near term; all this and more on Moneycontrol Pro

ArcelorMittal’s shares rose by 2.5% on Friday, the day the Supreme Court cleared its acquisition of Essar Steel.

Boman Rashid Kohinoor, co-owner of Mumbai's iconic eatery Britannia & Co, passes away at 97
Life

Boman Rashid Kohinoor, co-owner of Mumbai's iconic eatery Britannia & Co, passes away at 97

Kohinoor was, for decades, a genial presence around the restaurant who would often be seen chatting with his customers, recommending what to order, sharing jokes and anecdotes

Britannia to increase prices 'marginally' to beat slowdown as growth in company's sales halves in value terms
Business

Britannia to increase prices 'marginally' to beat slowdown as growth in company's sales halves in value terms

FMCG major Britannia Industries plans to increase prices of its products marginally in the third quarter of the current fiscal to tackle the slowdown which has taken a toll on the growth of its sales in value terms, a company official said on Thursday

Britannia transition to a ‘global total foods company’, analyst's call on Polycab; all this and more on Moneycontrol Pro
Business

Britannia transition to a ‘global total foods company’, analyst's call on Polycab; all this and more on Moneycontrol Pro

Britannia’s shares have been an investor favourite for a decade now but the past year has seen that change.

Parle Products likely to lay off up to 10,000 employees on demand slump; seeks stimulus from govt
Business

Parle Products likely to lay off up to 10,000 employees on demand slump; seeks stimulus from govt

In March this year, Parle Products had said that it was eyeing up to Rs 150 crore turnover from its newly launched brand 'Nutricrunch' for the health-conscious customers in the next 18-24 months.

Economic slowdown: It is not a doomsday scenario for FMCG sector, says Marico MD and CEO Saugata Gupta
Business

Economic slowdown: It is not a doomsday scenario for FMCG sector, says Marico MD and CEO Saugata Gupta

Gupta said that while the category growth has gone down in rural areas due to consumption stress, large brands with direct rural distribution may be consolidating market shares

Over dozen FMCG companies pledge to donate food items to Kerala, says union minister Harsimrat Kaur Badal
Business

Over dozen FMCG companies pledge to donate food items to Kerala, says union minister Harsimrat Kaur Badal

Over a dozen FMCG firms, including ITC, Coca-Cola, Pepsi and Hindustan Unilever, have pledged to supply water bottle, food and necessary items to flood-hit areas of Kerala in the next two days, Union minister Harsimrat Kaur Badal said on Tuesday

Britannia opens Rs 170-cr manufacturing plant in Assam; to provide 1,000 jobs at largest greenfield facility
Business

Britannia opens Rs 170-cr manufacturing plant in Assam; to provide 1,000 jobs at largest greenfield facility

Britannia plans further expansion of its footprint in Assam by investing in a finished goods distribution centre at an investment of Rs 20 crore that will cater to the entire North Eastern market, Berry said.

Iconic Mumbai eatery Britannia and Co's owner, Meherwan Kohinoor, passes away aged 87
Life

Iconic Mumbai eatery Britannia and Co's owner, Meherwan Kohinoor, passes away aged 87

Britannia, a landmark eatery in South Mumbai's Ballard Estate area, is known as much for its delicious Parsi cuisine as for its eccentric owner.

Tata Sons hires HR firm to seek opinion on N Chandra's salary; here's a list of CEOs whose pay packages made headlines
Business

Tata Sons hires HR firm to seek opinion on N Chandra's salary; here's a list of CEOs whose pay packages made headlines

N Chandrasekaran was appointed Tata Sons chairman on 21 February 2017, nearly four months after Cyrus Mistry was sacked

Britannia's Varun Berry says note ban, GST impact on rural areas bottomed but economy not out of woods yet
Business

Britannia's Varun Berry says note ban, GST impact on rural areas bottomed but economy not out of woods yet

Britannia managing director varun Berry is not sure as to when the FMCG player will be able to clock a double digit volume growth

Copyright case: ITC gets relief, Delhi HC asks Britannia to stop selling its digestive biscuits
Business

Copyright case: ITC gets relief, Delhi HC asks Britannia to stop selling its digestive biscuits

The injunction order passed by justice S. Muralidhar gave Britannia four weeks time to take out existing stocks

Britannia to enter ready-to-eat foods, offer chocolates, breakfast, snacks
Business

Britannia to enter ready-to-eat foods, offer chocolates, breakfast, snacks

Britannia said these new categories that help in health management and ready to eat solutions are seeing wider and deeper consumer traction than ever before.

JM Financial's Nimesh Kampani to step down from executive position in September
Business

JM Financial's Nimesh Kampani to step down from executive position in September

Kampani became a well-known figure in the stock market circles after he brokered the Ambani brothers settlement in 2005

Parle's iconic biscuit facility finally shuts down after 90 years
Business

Parle's iconic biscuit facility finally shuts down after 90 years

The iconic Parle facility in Vile Parle has shut down, 87 years after it was first founded as a confectionery factory.