Ravi Jaipuria most valuable in FMCG
FMCG sector has 13 dollar billionaires, led by Ravi Jaipuria of RJ Corp, followed by promoters of Asian Paints.
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September 2023
August 2023
July 2023
Damani Strikes Gold In Discount Game
D'Mart's founder keeps a razor-sharp focus on costs to create wealth in the highly-competitive grocery segment.
Hitting The FMCG Jackpot
Promoters from the sector see a decent rise in their net worth despite a tough year.
Will ITC Hotels' demerger unlock value for shareholders?
ITC Hotels' demerger is expected to be completed by Sep'24, while the listing of the new entity is expected to take place in Nov'24.
ITC shares rise 2% on strong Q1; analysts see up to 23% upside
The board of ITC also approved ITC Hotels' demerger in a swap ratio of 1:10, which is likely to be completed over the next 15 months.
ITC Q1 results: Standalone profit rises 17.6% to ₹4,902 cr; revenue declines by 7.2%
During the quarter under review, the company’s standalone profit surged 17.6% year-on-year (YoY) to ₹4,902.74 crore as against ₹4,169.38 crore in the same period last year.
Adani Wilmar shares drop 5% as Adani Group mulls stake sale
Adani Enterprises is reportedly looking to sell its entire 43.97% stake in Adani Wilmar, which is expected to be worth about $2.7 billion at the current share price.
Reliance Retail hits milestone of a billion transactions in FY23; focus on FMCG business now
Reliance Retail has also registered a user base that has reached 249 million in FY 2022-23.
Dabur Q1 profit grows 3.5%; revenue rises 11%
The revenue from India business grew by 8% to ₹2,347 crore, while international business reported a growth of 10.2%
Colgate shares jump 6.7%, Nestle tanks 2.7% after Q1 results
The net profit of Colgate Palmolive Ltd stood at ₹273.68 crore, witnessing a growth of 30.52% as against ₹209.67 crore in the corresponding period of the previous year.
