Britannia currently has 41 per cent women employees and would increase the strength to 50 per cent by the end of 2024
The special resolution for approval to increase limits for making investments, loans, Special guarantees and security were "not Passed with requisite majority," said a regulatory filing from Britannia Industries on June 29,...
At 12:01 am, the 30-share BSE Sensex slumped 773 points or 1.45 per cent at 52,245, whereas the NSE Nifty 50 index declined 93.95 points or 0.60 per cent at 15,598.
The company had posted a net profit of Rs 381.84 crore in the July-September quarter a year ago, Britannia Industries said in a BSE filing.
At 9:30 am, the 30-share Sensex surged 197 points or 0.37 per cent at 53,224, whereas the NSE Nifty 50 index advanced 50.95 points or 0.32 per cent at 15,850
At 9:18 am, the 30-share BSE Sensex was trading 102 points or 0.19 per cent lower at 52,615, whereas the NSE Nifty 50 index declined 13 points or 0.09 per cent at 15,695.
It has elevated the incumbent Varun Berry to the post of executive vice-chairman and managing director with immediate effect, Britannia Industries Ltd said in a statement
At 9:18 am, the BSE Sensex was down 299 points or 0.55 at 54,602, whereas the Nifty 50 index plunged 99 points or 0.61 per cent at 16,256
At 9:16 am, the BSE Sensex was up 85 points or 0.15 per cent at 55,192, whereas the Nifty 50 index surged 43 points or 0.26 per cent at 16,459.
At 9:18 am, BSE Sensex dipped 72 points or 0.13 per cent at 55,696, whereas the Nifty 50 index slipped 16 points or 0.10 per cent at 16,567.
At 9:19 am, the BSE Sensex was up 528 points or 0.95 per cent to 56,346, whereas the Nifty 50 index advanced 155 points or 0.94 per cent to 16,783.
In India, major industry players like Dabur, Hindustan Unilever, Nestle, Britannia, Coca Cola, Pepsi Co, and P&G have opted for Shrinkflation
According to the company, the economy was impacted by global geo-political factors which caused a further surge in inflation the January-March quarter of FY22
Among the sectors, auto, banks, realty and power shed over a percent each while buying was seeing in metal names
Over the years, Maharashtra’s food processing sector has attracted more than $158 million of investments, making it an ideal destination for food processing...
Before this, Doshi was Director-Marketing at IT and tech firm Lenovo (India and South Asia). He has also worked with Britannia in the past.
Titan was the biggest gainer in the Sensex pack on Monday, spiking over 4 per cent. This was followed by UltraTech Cement, Bajaj Finserv, Tech Mahindra, Kotak...
Titan was the biggest gainer in the Sensex pack on Monday, spiking over 4 per cent. This was followed by UltraTech Cement, Bajaj Finserv, Tech Mahindra, Kotak...
Markets were closed for the Diwali vacation since Thursday. How investors react on Monday would depend on what they see as a priority.