Sensex crashes over 2500 pts; Nifty 50 down 750 pts

BSE Sensex crashed 2,507.16 factors or 3.10% to commerce at 78,474.79 as of 11:32 am, and Nifty fell 751.85 factors or 3.04% to commerce at 23,965.85, pushed by considerations that the US may very well be headed for a recession and growing bets that the Federal Reserve will possible want to begin slicing rates of … Read more

FMCG distributors elevate considerations on Tata Shopper acquisition of Capital Meals

The All India Shopper Merchandise Distributors Federation (AICPDF) has raised considerations concerning the remedy of distributors by Tata Shopper Merchandise Ltd (TCP) after the acquisition of Capital Meals Ltd. The federation alleged that the corporate terminated 1,600 distributors, leaving current distributors struggling to handle Capital Meals merchandise, particularly Ching’s Chinese language merchandise. Allegations embody unsettled … Read more

IPL 2024: JioCinema Ropes in 18 Sponsors & 250 Advertisers

For the upcoming 2024 season of the Indian Premier League, JioCinema has roped in 18 sponsors and 250 advertisers. JioCinema is the digital streaming associate for the upcoming season.  Fantasy sports activities platform, Dream11 is the copresenting sponsor, whereas Tata Motors, PayZapp by HDFC Financial institution, SBI, Cred, AMFI, Upstox, Charged by Thumbs Up, Britannia, … Read more

Inventory to purchase right this moment: Tata Client Merchandise (₹890)

Tata Client Merchandise’ share worth has dropped previously few periods. After it broke out at ₹875 in early October, the inventory was unable to construct a sustainable rally. Nonetheless, the general development stays bullish, and the latest decline has now introduced the inventory close to the essential assist stage of ₹875. A rising trendline additionally … Read more

The acquisitions match properly with the platforms that now we have outlined for development: Sunil D’Souza

Quick-Transferring Client Items (FMCG) main Tata Client Merchandise Ltd is quickly increasing its presence throughout classes and rising its product portfolio via acquisitions. The Mumbai headquartered firm on 12 January introduced the acquisition of Capital Meals and Natural India for ₹7,000 crore (₹5,100 crore for Capital Meals and ₹1,900 crore for Natural India). Businessline spoke to … Read more