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Oreo maker takes Indian biscuit giant to court over alleged lookalike cookies - Vimarsana News

Oreo maker takes Indian biscuit giant to court over alleged lookalike cookies

Oreo maker takes Indian biscuit giant to court over alleged lookalike cookies Mondelēz-owned Intercontinental Great Brands has filed a trademark infringement case in the Delhi High Court against Parle Products over allegedly copying Mondelez’s iconic Oreo cookie. Intercontinental Great Brands claims the design of Parle’s recently launched Fabio biscuit is ‘deceptively’ similar to that of its globally popular cookie. Fabio does bear a resemblance to Oreos, being two dark biscuits sandwiching a white cream filling. Taking it a step further, Fabio biscuits ar...

Future Group shares rise up to 10% after Delhi HC lifts 'Status Quo' order on RIL deal - Vimarsana News

Future Group shares rise up to 10% after Delhi HC lifts 'Status Quo' order on RIL deal

Future Group shares rise up to 10% after Delhi HC lifts 'Status Quo' order on RIL deal Share of Future Group firm Future Retail gained 9.84% to Rs 80.40 on BSE. The stock has gained after 4 days of consecutive fall BusinessToday.In | February 9, 2021 | Updated 11:28 IST Future Lifestyle share gained 9.35% to Rs 90.60 on BSE Future Group stocks rallied in early trade today after the Delhi High Court stayed the implementation of a single-judge order to Future Retail Ltd (FRL) and various statutory authorities to maintain status quo regarding the Rs 24,713 crore deal with Reliance Retail. Whil...

Barometers hit fresh intraday high; Future group stocks in demand - Vimarsana News

Barometers hit fresh intraday high; Future group stocks in demand

The equity benchmarks further extended gains and hit record high levels in mid-afternoon trade. At 14:25 IST, the barometer index, the S&P BSE Sensex, jumped 426.29 points or 0.83% to 51,775.06. The Nifty 50 index spurted 124.70 points or 0.82% to 15,240.50. The Sensex hit a record high of 51,835.86 and the Nifty hit a record high of 15,257.10 in mid-afternoon trade. Both the indices have gained over 11% in seven straight sessions. The broader market underperformed the benchmark indices. The S&P BSE Mid-Cap index rose 0.37%. The S&P BSE Small-Cap index gained 0.33%. The market breadth was neg...

Market ends flat after hitting record high; European shares correct - Vimarsana News

Market ends flat after hitting record high; European shares correct

Domestic benchmarks reversed intraday gains and ended near the flat line after a volatile session on Tuesday. As per provisional closing data, the barometer index, the S&P BSE Sensex, fell 19.69 points or 0.04% to 51,329.08. The Nifty 50 index lost 6.50 points or 0.04% to 15,109.30. The Sensex hit a record high of 51,835.86 and the Nifty hit a record high of 15,257.10 in mid-afternoon trade. Investors booked profits after both the indices surged about 11% in the past six consecutive sessions. Mahindra & Mahindra (down 3.04%), ITC (down 1.76%), Bajaj Finance (down 1.59%), TCS (down 1.10%) and...

Promoter share pledges rise in December quarter - Vimarsana News

Promoter share pledges rise in December quarter

More promoters have pledged their shares in during the pandemic to provide additional security on their loans from banks in the absence or run down of other assets.According a report by Kotak Institutional Equities, value of pledged promoter ...