MARKETS & IPO
Anmol Industries Filed For A βΉ1,800β¦
StartupFox
Anmol Industries Filed For A βΉ1,800 Crore IPO In Which The Company Gets Nothing
Profit rose roughly fivefold on 28 per cent revenue growth, which is a margin story rather than a demand one. The trust selling holds 84 per cent.
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FMCG & RETAIL
Reliance Enters India's Ice Cream Marketβ¦
StartupFox
Reliance Enters India's Ice Cream Market With Bombay Creamery, Priced From βΉ10
The range spans cones, cups, tubs, bars and sticks, made with dairy cream rather than vegetable fat. It launches in western India first, against Amul and Kwality Wall's.
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Vantara Enters Premium Dessert Market with Rs 750 Artisanal Ice Cream Brand
By launching a small-batch artisanal creamery at Jio World Drive, Anant Ambani's conservation initiative is aggressively testing the limits of ultra-premium FMCG pricing in India.
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AAP MP Raghav Chadha Urges Government to Crack Down on FMCG Brands Selling Sugar Syrup as Fruit Juice
The AAP MP raised critical questions in the Rajya Sabha, demanding stricter front-of-pack warning labels for high-sugar drinks currently masquerading as healthy fruit juices.
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