By Sameet Chavan The Indian equity market has snapped its winning streak of three consecutive days and witnessed decent profit booking at higher levels. The mixed global cues played a vital role in the session’s correction that got aggravated in the latter half, where the Nifty 50 index tested intraday low of 17511 level till […]
Godrej Consumer Products on Thursday announced that it has acquired the FMCG business of Raymond Consumer Care Limited, which includes brands like Park Avenue, Kamasutra and Premium, for Rs 2,825 crore. The deal would be completed by May 10 and the deal consideration is in cash. “These categories have the potential to deliver double-digit multi-decade […]
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