CAREFUL

D2C snack brand Let's Try secures funding from Wipro Consumer Care Ventures

Let's Try will use the funds to accelerate growth across both offline and online channels. The New Delhi-based company offers a wide range of snacks including baked, fried, and roasted namkeens. Let's Try claims to have a revenue run rate of over Rs 50 crore.

RBI's bumper payout to limit big ticket divestment; govt to maintain Rs 50k cr target: Report

A record Rs 2.1 lakh crore dividend payout by the RBI is expected to reduce the urgency for major divestments, according to Care Ratings, maintaining the government's Rs 50,000 crore target from divestments. Asset monetisation may be preferred if there is a resource shortfall, with SCI sales aiding in achieving the FY25 target. Potential divestments in SCI, CONCOR, and Pawan Hans are on the horizon, with projected total divestment proceeds reaching Rs 12,500-22,500 crore.

Kaya shares surge 10% after it announces collaboration with Marico

Shares of Kaya rose 10% to Rs 501.45 on BSE after announcing a collaboration with Marico, whose shares traded flat at Rs 608.15. The collaboration aims to market 75+ science-based personal care products, leveraging channels for wider reach. CEOs Rajiv Suri and Saugata Gupta emphasize growth, market expansion, and long-term consumer satisfaction.

Microsoft settles California probe over worker leave for $14 million

Microsoft agrees to pay $14 million to settle claims of retaliating against workers for taking leave in California. The settlement also mandates hiring a consultant and providing training to prevent future discrimination.

6 Hair Oils To Stop Hairfall & Add Bounce & Shine

Star Health launches home healthcare initiative; to cover 50 cities & towns in phase one

Star Health's groundbreaking Home Health Care Service, led by Anand Roy, in partnership with Care24, Portea, and CallHealth, expands to 50 cities, ensuring affordable and prompt medical assistance. Dr U Hari Hara Sudan highlights the cost-effective treatment packages, while the company reports substantial financial growth in FY2024, with a gross written premium of Rs 15,254 crore and a net profit of Rs 845 crore.

TRADERS’ CORNER: A luggage stock ready for 7% upmove & a rating agency for positional 6% trade

Mid cap and small cap stocks getting back momentum .

Deepak Parekh-backed Nephro Care's IPO GMP soars to 300% on allotment day. Here's how you can check status

Deepak Parekh-backed Nephro Care's IPO GMP soars to 300% on allotment day. Here's how you can check status

FMCG Q1 check: Some hot, some not

Scorching summer heat and elections created a mixed quarter for consumer goods, with sales of cooling products like beverages, ice creams, talcum powder, and sunscreens rising up to 15 per cent amidst the heatwave. However, impulse snacks and single-serve beverages saw a decline due to reduced out-of-home consumption. Election restrictions impacted alcohol sales, while delayed monsoon affected insecticide sales. Last-mile servicing challenges were reported, particularly in rural areas due to the heat.

Patanjali Foods to buy group company's non-food business for Rs 1,100 crore

Patanjali Foods and Patanjali Ayurved have also agreed to enter into a licensing agreement, permitting Patanjali Foods to use the trademarks and associated intellectual property rights owned by the latter, the company said. Analysts said the acquisition would accelerate the company's objective of transitioning to an overall FMCG company.

Tariff hikes to raise ARPU by 15 pc, help expand operating profits for telcos: Report

Tariff hikes by top telcos in FY25 are projected to significantly boost the industry's PBILDT, leading to a 15% increase in blended ARPU. This increase will aid telcos in deleveraging, funding technology upgrades, and expanding networks while also improving debt levels post-June 2024 spectrum auction.

Patanjali Foods to buy Patanjali Ayurved's home, personal care business for Rs 1,100 crore

Patanjali Foods Limited board approves Rs 1,100 crore acquisition of Patanjali Ayurved's Home and Personal Care business, leveraging brand equity in key segments for revenue growth and synergies. The company aims for product innovations and cost optimization.

Ratan Tata launches Tata Trusts Small Animal Hospital in Mumbai: Here’s how you can book an appointment

The much-anticipated day has finally come! Ratan Tata has officially inaugurated his long-cherished 'pet project,' the Tata Trusts Small Animal Hospital. Located in Mumbai's Mahalaxmi area, the hospital is dedicated to caring for both stray and domesticated dogs, cats, and birds.

Bajaj Consumer’s Rs 166 cr-buyback: Last day to buy shares today

Bajaj Consumer Care initiates Rs 166 crore share buyback at 10% premium. Promoters own 39.30% equity. Public shareholders must act today to qualify for the buyback offer.

8 hair care routine to following when the season is changing

Centre needs to examine demands of AP, Bihar for special category status carefully: Rajiv Kumar

Former Niti Aayog vice chairman Rajiv Kumar emphasized the need for careful examination of Andhra Pradesh and Bihar's long-standing demand for special category status to prevent fiscal pressure on the Centre's resources.

Tips to maintain your car and be safe in monsoon

Proper tyre care is crucial during monsoons. Check tire pressure regularly, ensuring it meets the manufacturer's recommendations. Look for signs of wear and tear on the treads, and replace worn-out tires to maintain good grip on wet roads.

Focus on upcoming Budget: Policy in the works on finance, health support for elders

India is considering policy measures for senior care, including expanding healthcare access through Ayushman Bharat, revising pension under the Indira Gandhi scheme, and providing healthcare under NPHCE.

FMCG spends up 18% in two years due to inflation- Kantar

Consumers have increased their spending on daily essentials, groceries, and household products by 18% in the first quarter of 2024 compared to two years ago, according to a recent Kantar report. Despite a recent softening in commodity prices, the prices for these goods remain nearly a fifth higher.

Nephro Care India IPO: Deepak Parekh-backed company to raise around Rs 40 crore via public issue on NSE Emerge

Deepak Parekh-backed multi-speciality healthcare provider Nephro Care India Limited (NCIL) is likely to raise around Rs 40 crore through the initial public offering (IPO) to fund its expansion plans.

Railway Ministry doesn't care about passenger amenities, says CM Mamata on WB train accident

Buy Bajaj Consumer Care, target price Rs 300: ICICI Securities

Bajaj Consumer Care Ltd., incorporated in the year 2006, is a Mid Cap company (having a market cap of Rs 3744.34 Crore) operating in FMCG sector.