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Vivek Nirmal

Food

French firm Groupe Lactalis’ Indian unit to buy Prabhat Dairy for Rs 1,700 crore

Indiaretailing Bureau -
Prabhat Dairy on Monday said it will be selling its flagship dairy business for Rs 1,700 crore to French multinational Groupe Lactalis. In an official statement released here, Prabhat said it will be sharing a "substantial proportion" of the sale...
Retail

Retail industry reacts to the Union Budget 2018

Charu Lamba -
In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent. In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...
Food

Prabhat Dairy targets Rs 2,000 revenue by FY 2019-20

Indiaretailing Bureau -
Prabhat Dairy is targeting Rs 2,000 crore revenue by the financial year 2019-20, by enhancing its consumer segment to 50 per cent of the total business. "In FY17, we had posted Rs 1,409.87 crore revenue, with 70 per cent of...
Food

Prabhat Dairy to strengthen international presence; to introduce products in Gulf region

Indiaretailing Bureau -
Private dairy Prabhat Dairy is planning to strengthen its international presence with a range of premium cheese and other milk products for the Gulf region. For a vast customer base in the Gulf region and other markets, the company will...
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In FocusAbhisar Narula -

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...
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