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Tata Consumer to merge wholly-owned subsidiaries NourishCo, SmartFoodz, and Soulfull: Best Media Info

Tata Consumer to merge wholly-owned subsidiaries NourishCo, SmartFoodz, and Soulfull: Best Media Info
bestmediainfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bestmediainfo.com Daily Mail and Mail on Sunday newspapers.

Tata-smartfoodz , Tata-raasa , Tata-sampann-yumside , Bestmediainfo-bureau , Bestmediainfo-bureau-delhi , Pepsico , Tata-group , National-company-law-tribunal , Mediainfo-bureau-delhi , Consumer-products , Tata-consumer , Tata-consumer-products

NTPC, Jubilant Foodworks, Tata Consumer in focus

NTPC informed that consequent upon successful commissioning, 5 MW last part capacity for 20 MW Auraiya Solar PV Project at Auraiya, UP, has been declared on Commercial Operation with effect from 20 February 2021.
Jubilant Foodworks announced it will fully acquire Fides Food Systems Coeratief U.A., Netherlands (Fides) for an agreed investment of approximately GBP 24.80 million through its wholly owned subsidiary - Jubilant Foodworks Netherlands B.V.
Tata Consumer Products has successfully completed the acquisition of 100% of the equity share capital of the Kottaram Agro Foods. Consequently, Kottaram Agro Foods has become wholly owned subsidiary of the company.
Aarti Drugs informed that Pinnacle Life Science LLC, a Wholly Owned Subsidiary of the company, incorporated at "International Free Zone Authority" (IFZA), Fujairah, UAE, has been closed / wound-up.

Netherlands , Grand-cayman , 00 , Cayman-islands , Narayana-hrudayalaya , Pinnacle-life-science , International-free-zone-authority , Health-city-cayman-islands , Camana-bay-development , Commercial-operation , Consumer-products , Kottaram-agro

Share Market Live: Sensex down 800 points, Nifty at 14,750; M&M, Axis Bank, L&T, Maruti top losers

Story
Share Market Highlights: Sensex ends 1,145 points lower, Nifty at 14,675; M&M, TCS, L&T, Dr Reddy top losers
Stock Market News Updates Today: M&M, Axis Bank, L&T, Maruti traded among the top losers on Sensex pack. Meanwhile, ONGC, HDFC, Tech Mahindra traded among the top gainers
BusinessToday.In | February 22, 2021 | Updated 17:58 IST
Share Market News: Here's a look at the updates of the market action on BSE and NSE today
Sensex, Nifty Highlights on February 22: Share market indices turned volatile and ended majorly lower on Monday, amid mixed global equities. Extending fall for the fifth consecutive session, the Sensex ended 1,145 points lower at 49,744 and NSE Nifty 50 index lost 306 points to 14,675. Traders said markets are experiencing correction after significant gains made post the Union Budget and positive quarterly results. Further, fresh concerns over the increase in the number of infected COVID-19 cases contributed to investing fears. Last Friday, the S&P BSE Sensex ended 434 points lower at 50,889 and NSE Nifty 50 index fell by 137 points to 14,981.

China , Karnataka , India , Netherlands , Kshitij-purohit , Sameet-chavan , Daman-diu , Manish-hathiramani , States-europe , Nancy-pelosi , Karnataka-bank , Axis-bank

Indices regain positive zone amid volatility

Volatility struck bourses in early trade as the key indices once again regained positive zone soon after erasing early gains. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 50.16 points or 0.1% at 50,939.92. The Nifty 50 index was up 2.90 points or 0.02% at 14,984.65.
The S&P BSE Mid-Cap index was up 0.11%. The S&P BSE Small-Cap index was up 0.27%.
The market breadth, indicating the overall health of the market, is positive. On the BSE, 1180 shares rose and 889 shares fell. A total of 122 shares were unchanged.
Stocks in news:
NTPC rose 0.38%. NTPC informed that consequent upon successful commissioning, 5 MW last part capacity for 20 MW Auraiya Solar PV Project at Auraiya, UP, has been declared on Commercial Operation with effect from 20 February 2021.

China , Netherlands , Grand-cayman , 00 , Cayman-islands , Narayana-hrudayalaya , Nancy-pelosi , Pinnacle-life-science , International-free-zone-authority , Health-city-cayman-islands , Camana-bay-development , Commercial-operation

Tata Consumer Products to acquire Kottaram Agro Foods

Tata Consumer Products to acquire Kottaram Agro Foods
Tata Consumer Products has announced the signing of definitive agreements to acquire 100% equity shares of Kottaram Agro Foods (KAF), owner of the brand Soulfull.
Sunil D’Souza, MD and CEO, Tata Consumer Products, said, “This acquisition is a good strategic fit for us. It opens significant new market opportunities in the fast growing mini-meals segments and helps us partner a passionate and ambitious team of entrepreneurs who will remain and become a part of the Tata Consumer Products team."
KAF was founded by Prashant Parameswaran, Rasika Prashant, Dr KK Narayanan and Amith Sebastian. Its Soulfull brand which was launched in 2013 operates in the health and wellness food segment with its portfolio of millet-based products for kids and adults. “Soulfull synergises well with our existing product portfolio, our distribution network as well as the supply chain. We believe Tata Consumer is well positioned to unlock the full potential of the brand and scale up its presence given the growing consumer need of healthy and convenient food options that they can trust,” said D’Souza.

Sunil-dsouza , Prashant-parameswaran , Rasika-prashant , Tata-soulfull , Sunild-souza , Tata-consumer-products , Its-soulfull , Tata-consumer , Tata-consumers , Kottaram-agro , சுனில்-ட்சொஜா