Heritage Foods
Food
Heritage Foods exits Future Retail; sells holding for Rs 132 crore
Heritage Foods has sold its entire holding representing over 3 per cent stake in Kishore Biyani-led Future Retail for around Rs 132 crore in the open market to mainly repay its long term loans. "The company has disposed off its entire holdings/investment...
Food
Heritage Foods posts 39.35 pc fall in Q1 profit
Dairy firm Heritage Foods on Friday posted a 39.35 per cent fall in its consolidated net profit at Rs 10.37 crore in the first quarter of 2017-18 fiscal due to higher expenses.
Net profit stood at Rs 17.10 crore in...
Food
Heritage Foods forms JV with Novandie to set up green field manufacturing plant
Heritage Foods has formed a joint venture with French firm Novandie to set up a green field manufacturing plant for fruits and flavoured yogurt with an investment of Rs 16 crore.
The 50:50 joint venture will have an initial annual...
Food
CCI nod to Heritage Foods' acquisition of Reliance Retail's dairy business
IANS -
The Competition Commission of India (CCI) on Monday said that it has approved the acquisition of Reliance Retail's dairy business by Heritage Foods, owned by Andhra Chief Minister N. Chandrababu Naidu.
In a tweet, the CCI said: "CCI_India approves acquisition...
Food
Products with Indian concepts will drive growth in dairy: Heritage Foods Director
Brahmani Nara, Executive Director at Heritage Foods Ltd, speaks to Progressive Grocer about the trends in India’s dairy industry, the sector’s trajectory, and the major initiatives taken by her company in its pursuit of becoming a pan-Indian dairy player....
Food
Heritage Foods Ltd and Bank of Baroda signs MoU to dole out dairy loans
State-run Bank of Baroda and Heritage Foods Ltd (HFL) today signed a Memorandum of Understanding to provide dairy loans to farmers through the lender's branches across the country.
Heritage Foods is in the business of procurement, processing and sale of...
Food
Future Retail acquires retail business of Heritage Foods
Future Retail Limited has acquired the retail and allied businesses of Heritage Foods Limited, a company owned by Andhra Pradesh Chief Minister N Chandrababu Naidu. Heritage will now focus on dairy as a single line of business.
The two companies...
Food
Heritage Foods to acquire dairy business of Reliance Retail
Heritage Foods Ltd said it will acquire the dairy business of Reliance Retail through a slump sale.
According to a PTI report: The company has executed a binding agreement for the acquisition. The proposed transaction is subject to regulatory approvals...
Food
Heritage Foods plan to add 30,000 retail outlets in FY 2016-17
J. Samba Murthy, Head – Dairy Division, Heritage Foods Ltd., speaks to Progressive Grocer about how the company is moving ahead with its plan to achieve Rs. 4,100 crore in turnover @ 23 per cent CAGR with 18 million...
Progressive Grocer
Ripe Time for Fresh
Fruit & Vegetable retail in India is gradually transforming with organised players revisiting their business model at every step of the value chain from farm to fork, in order to restructure it. They are reinventing their distribution and marketing...
- Advertisement -
Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
- Advertisement -
