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Marico targets Rs 15,000 crore revenue in FY27, eyes Rs 20,000 crore by FY30 on premiumisation push
Marico aims for Rs 15,000 crore revenue by FY27 and Rs 20,000 crore by FY30. The company is focusing on premium products and expanding its digital-first brands. Its total addressable market is expected to triple by FY30. Marico's digital-first portfolio already generates over Rs 1,100 crore annually. The foods business crossed Rs 1,000 crore revenue in FY26.
Aviva set to become first foreign insurer to fully own India life business
UK insurer Aviva Plc is set to fully own its Indian life insurance venture. This move follows India's recent policy allowing total foreign ownership in the sector. Aviva will buy the remaining 26% stake from its partner, Dabur Invest Corp. Full ownership offers greater strategic flexibility and faster decision-making for business expansion. The transaction marks the first deal under the government's liberalized foreign ownership policy.
Stock Alert: Trent, Titan Company, Varun beverages, Cochin Shipyard
Varun Beverages wholly owned subsidiary, VBL Industries (Kenya) has entered into an agreement to acquire dairy beverages, juices and packaged drinking water of Devyani Food Industries (Kenya) for total consideration of $32 million (Rs 305 crore).
Radico Khaitan jumps after Magic Moments posts 43% YoY volume growth
Radico Khaitan rallied 4.47% to Rs 4,066.35 after the company announced that its vodka brand, Magic Moments delivered total volume of 3.25 million cases during the quarter, registering 43% YoY growth.
Stocks to Watch for July 6: Dabur, Godrej Consumer, HDFC Bank, IndusInd Bank and more
From IDBI Bank reporting a 15% year-on-year (YoY) increase in its total business to HUDCO signing a MoU with the Bihar government; these are some stocks to watch ahead of Monday trading session.
VST Tillers Tractors reports 3% growth in June 2026 sales
VST Tillers Tractors reported a 3.02% year-on-year increase in total sales for June 2026, with overall volumes rising to 8,107 units from 7,869 units in June 2025.
ITC CMD sees ₹1.7 cr drop in pay - here’s why
ITC Chairman and Managing Director Sanjiv Puri's total remuneration fell 6.8% year-on-year to ₹23.91 crore in FY26, primarily due to a decline in performance-linked bonuses and long-term incentive payouts, according to the company's latest annual report.
Forever Global Enterprises acquires Dhampur Bio Organics' Meerganj facility for INR 305 crores, marking entry into Uttar Pradesh's sugar sector
Forever Global Enterprises Limited has acquired Dhampur Bio Organics' Meerganj unit for INR 305 crores. This strategic move integrates a 9,000 TCD sugar mill and a 23 MW cogeneration plant, paving the way for a 200 KLPD grain-based and 100 KLPD molasses-based distillery. The expansion, with a total investment of INR 760 crores, aims to boost regional employment and farmer prosperity in western Uttar Pradesh, solidifying FGEL's sugar-to-spirits platform.
DOMS Inds surges after inking APA to acquire Reynolds brand assets
DOMS Industries rallied 5.60% to Rs 2,239.05 after the company has entered into an asset purchase agreement (APA) with Reynolds Pens India to acquire certain assets under the Reynolds brand for total consideration of $3.7 million.
VST Tillers Tractors reports 28% growth in May 2026 sales
VST Tillers Tractors reported a 28.28% year-on-year increase in total sales for May 2026, with overall volumes rising to 4,472 units from 3,486 units in May 2025.
Quick commerce becomes FMCG's biggest online sales channel in India
Latest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Products showed quick commerce accounted for 60-75% of their total online sales in FY26, rising sharply from less than half a year earlier.
ITC dividend alert! Last date to buy FMCG major’s shares for Rs 8 dividend. Do you own?
ITC has set May 27 as the record date for its final dividend of Rs 8 per equity share for FY26, making today the last chance for investors to buy shares for eligibility. This marks the largest dividend in nearly six years, with the total payout for FY26 reaching Rs 14.50 per share.