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SIAC set for final hearing between Amazon and Future Group in July - Vimarsana News

SIAC set for final hearing between Amazon and Future Group in July

The Singapore International Arbitration Centre (SIAC) is geared for a final hearing over a plea filed by Amazon against the Rs 24,713 crore deal between Future Group and Reliance Industries from July 2. A tribunal was constituted, as per a regulatory filing by Future Consumer Ltd (FCL) on Saturday, by SIAC for arbitration proceedings related to the Future-RIL deal on January 5, 2021. The filing noted that Future Retail Ltd has filed two applications before the Tribunal, first being an application challenging their jurisdiction of the Tribunal, and second being an application for vacation of t...

FMCG stocks slide - Vimarsana News

FMCG stocks slide

Read more about FMCG stocks slide on Business Standard. FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index decreasing 91.23 points or 0.69% at 13043.61 at 13:49 IST.

FMCG shares spurt - Vimarsana News

FMCG shares spurt

FMCG stocks were trading in the positive zone, with the S&P BSE FMCG Sector index rising 139.42 points or 1.08% at 13085.32 at 09:49 IST. Among the components of the S&P BSE FMCG Sector index, S H Kelkar & Company Ltd (up 7.01%), Gujarat Ambuja Exports Ltd (up 5.28%),Dalmia Bharat Sugar & Industries Ltd (up 4.22%),Dhampur Sugar Mills Ltd (up 3.98%),Balrampur Chini Mills Ltd (up 3.91%), were the top gainers. Among the other gainers were Avadh Sugar & Energy Ltd (up 3.86%), L T Foods Ltd (up 3.2%), Uttam Sugar Mills Ltd (up 3.17%), Dwarikesh Sugar Industries Ltd (up 2.43%), and Zydus Wellness...

India: Beauty brand Juicy Chemistry raises $6.3m led by Verlinvest - Vimarsana News

India: Beauty brand Juicy Chemistry raises $6.3m led by Verlinvest

India: Beauty brand Juicy Chemistry raises $6.3m led by Verlinvest Photo: Unsplash March 12, 2021 Homegrown skin and hair care direct-to-consumer (D2C) brand Juicy Chemistry has raised $6.3 million in Series A funding round led by Belgium-based investment firm Verlinvest. This is the first institutional fundraising by the company, which plans to use the capital for building its brand and expanding the business. Juicy Chemistry was founded in 2014 by Megha and Pritesh Asher offering a range of certified organic products across face, body and hair care. “The investment will enable Juicy Chemi...

FMCG stocks edge lower - Vimarsana News

FMCG stocks edge lower

FMCG stocks were trading in red, with the S&P BSE FMCG Sector index decreasing 47.13 points or 0.37% at 12727.43 at 13:48 IST. Among the components of the S&P BSE FMCG Sector index, DFM Foods Ltd (down 4.22%), Dwarikesh Sugar Industries Ltd (down 2.16%),Prataap Snacks Ltd (down 1.91%),Dalmia Bharat Sugar & Industries Ltd (down 1.83%),Britannia Industries Ltd (down 1.66%), were the top losers. Among the other losers were Godrej Agrovet Ltd (down 1.5%), Future Consumer Ltd (down 1.25%), Heritage Foods Ltd (down 1.25%), Hindustan Unilever Ltd (down 1.2%), and Bombay Burmah Trading Corporation...