Britannia Industries

Britannia Industries News

Britannia Industries shares jump 3.5% to Rs 3,051 after company declares interim dividend
Business

Britannia Industries shares jump 3.5% to Rs 3,051 after company declares interim dividend

The board of Britannia in a meeting declared "interim dividend at 3,500 percent - Rs 35 per equity share of face value of Re 1 each - for the financial year 2019-20.

Britannia Industries stocks rise over 3% after FMCG major declares Rs 35 per share interim dividend
Business

Britannia Industries stocks rise over 3% after FMCG major declares Rs 35 per share interim dividend

On Thursday, Britannia declared an interim dividend of Rs 35 per share for 2019-20 financial year

Britannia Industries shares jump nearly 11% on tie-up with Dunzo for home delivery; to open more distribution centres in major cities
Business

Britannia Industries shares jump nearly 11% on tie-up with Dunzo for home delivery; to open more distribution centres in major cities

Customers can get Britannia products at their doorsteps through the Dunzo app in less than an hour of ordering from the ''Britannia Essentials'' store.

Coronavirus Outbreak: Britannia urges govt to issue necessary permits to people in food processing supply chain
Business

Coronavirus Outbreak: Britannia urges govt to issue necessary permits to people in food processing supply chain

FMCG major Britannia Industries on Thursday urged the government to ensure inter-state movement of the raw material for the food processing industry during the three-week lockdown, imposed to prevent pandemic of Covid-19

Britannia Q3 net up 23.26% at Rs 370 cr; company continued to invest in enhancing brand equity via product drives, says MD
Business

Britannia Q3 net up 23.26% at Rs 370 cr; company continued to invest in enhancing brand equity via product drives, says MD

Britannia continued to expand the width and depth of distribution but additionally focused on improving distributor health and keeping the supply chain efficient, he said.

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

Economic slowdown: Narendra Modi reviews situation, asks Nirmala Sitharaman to come up with plans to spur jobs, beat slump
Business

Economic slowdown: Narendra Modi reviews situation, asks Nirmala Sitharaman to come up with plans to spur jobs, beat slump

The prime minister asked the finance minister to streamline ideas to spur jobs and submit a report on the ongoing economic slowdown.

Britannia violated listing norms in not reporting Ness Wadia's arrest, continuing on Board not good for corporate governance
Business

Britannia violated listing norms in not reporting Ness Wadia's arrest, continuing on Board not good for corporate governance

Corporate governance firm Ingovern said Britannia Industries violated listing regulations in not reporting arrest of its promoter and director Ness Wadia, while demanding his resignation.

Troubles yet to be over for Ness Wadia as Britannia Industries seeks legal opinion on his position after drug case
Business

Troubles yet to be over for Ness Wadia as Britannia Industries seeks legal opinion on his position after drug case

According to the report, the Sapporo District Court handed Ness a two-year prison sentence, which was suspended for five years.

Britannia Industries to replace Hindustan Petroleum in Nifty 50 from 29 March
Business

Britannia Industries to replace Hindustan Petroleum in Nifty 50 from 29 March

Six stocks, Bajaj Holdings & Investment, Divi's Laboratories, HDFC Asset Management Company Ltd, Hindustan Petroleum Corporation, Page Industries and United Breweries will be included in the Nifty Next 50 index

Adi Godrej's daughter Tanya Dubash appointed additional director of Britannia Industries
Business

Adi Godrej's daughter Tanya Dubash appointed additional director of Britannia Industries

The board of the company in a meeting held on Thursday "approved the appointment of Tanya Arvind Dubash", Britannia Industries said in a regulatory filing

Make in Odisha Conclave 2018: Ambani, Tata, Birla, others commit investments over Rs 1.38 lakh cr on first day
Business

Make in Odisha Conclave 2018: Ambani, Tata, Birla, others commit investments over Rs 1.38 lakh cr on first day

The second edition of the Make In Odisha conclave would conclude on 15 November.

Britannia Industries' Q1 net profit rises 19.41% to Rs 258.08 crore on higher volume growth; shares down by 1.19%
Business

Britannia Industries' Q1 net profit rises 19.41% to Rs 258.08 crore on higher volume growth; shares down by 1.19%

Britannia Industries said in its 100th year it will enter into " many unchartered territories" to secure disruptive growth

Q1 results, global cues, crude prices, monsoon session of Parliament to affect affect markets' moves this week
Business

Q1 results, global cues, crude prices, monsoon session of Parliament to affect affect markets' moves this week

Market analysts opined that crude oil prices and developments in the monsoon session of parliament will also affect the markets' movement.

Forbes India Leadership awards: Hari Mohan Bangur is entrepreneur of the year, Adi Godrej picks up for lifetime achievement
Business

Forbes India Leadership awards: Hari Mohan Bangur is entrepreneur of the year, Adi Godrej picks up for lifetime achievement

Forbes India awards, across ten categories, acknowledged the outstanding contributions of CEOs, entrepreneurs and business leaders who have built enterprises that have had a deep and enduring impact on the wider society

Patanjali, HUL, Pepsico among companies pulled up for misleading ads by regulator
Business

Patanjali, HUL, Pepsico among companies pulled up for misleading ads by regulator

Patanjali Ayurved failed to substantiate its claim before the regulator regarding ads for products such as Divya Swasari Pravahi, Dant Kanti, Kesh Kanti and CCC upheld them "as misleading by exaggeration"

Jubilant Food, Britannia shares slump on bread controversy; Health min orders probe
Business

Jubilant Food, Britannia shares slump on bread controversy; Health min orders probe

A report by NGO Centre for Science and Environment (CSE) said that nearly 84 per cent of 38 commonly available brands of pre-packaged breads, including pav and buns, tested positive for potassium bromate and potassium iodate

Strong Q4 earnings: Britannia shares up 7% in early trade, hit 52-week high
Business

Strong Q4 earnings: Britannia shares up 7% in early trade, hit 52-week high

Prabhudas Lilladher has put a 'buy' rating on the stock

Vinita Bali, first woman to head a consumer goods major, to exit Britannia
Business

Vinita Bali, first woman to head a consumer goods major, to exit Britannia

After serving for eight years as the managing director of Britannia Industries Vinita Bali is reportedly set to leave the company, paving way for Varun Berry, Britannia's current chief operating officer.

Markets bounce back but closes off highs; Britannia, RIL surge
Investing

Markets bounce back but closes off highs; Britannia, RIL surge

The BSE Sensex closed at 20001.30, up 1.51 percent, while the Nifty closed at 6083.15, up 1.66 percent.