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Crime & Justice / Bloomberg Quint

Swasth Foodtech IPO Day 2: Check GMP Today, Subscription Status And More

The latest grey market premium for Swasth Foodtech IPO stood at Rs 10 on Feb. 21. indicating a premium of 10.64%.

21 Feb 2025 10:57 am
Karnataka High Court Upholds Sales Tax On Set-Top Boxes, Rejects Cable And DTH Operators' Plea

The court dismissed petitions filed by major service providers, including ACT, Tata Play, and Den Networks.

20 Feb 2025 6:50 pm
Swasth Foodtech IPO: Latest GMP, Day 1 Subscription Status And All You Need To Know

The subscription window for the Swasth Foodtech IPO will remain open from Feb. 20 to Feb. 24.

20 Feb 2025 9:54 am
Analogue Or Real? Instagram Influencer Food Pharmer Shares Three Tests To Check Your Paneer | Watch

Himatsingka said that analogue paneer sells for Rs 210 per kg in India, which is less than half the price of real paneer at Rs 450.

18 Feb 2025 6:15 pm
Jubilant FoodWorks Q3 Results Review Nirmal Bang Maintains 'Hold' On The Stock On Fair Valuations

While growth is better than peers, the stock is now trading at fair valuations of ~37x FY26E Pre-Ind AS Ebitda, says Nirmal Bang.

13 Feb 2025 9:46 am
RBI MPC Likely To Open Door To Further Rate Cuts As Food Prices Ease, Say Economists

With retail inflation easing to 4.31% in January, economists believe the RBI MPC has room to implement further rate cuts to support economic growth.

12 Feb 2025 8:16 pm
January CPI Data: India's Retail Inflation Eases To Five-Month Low At 4.31%; Food Inflation Moderates

India's Consumer Price Index-based inflation dropped to 4.31% in January from 5.22% in December, with food and beverage inflation easing to 5.68%.

12 Feb 2025 4:11 pm
Jubilant FoodWorks Q3 Results: Profit Dips 35%, Misses Estimates

The Domino's operator posted a consolidated revenue of Rs 2,151 crore in the October-December quarter.

12 Feb 2025 4:05 pm
Patanjali Foods Q3 Results Review: Systematix Maintains 'Buy' On The Stock, Hikes Target Price Here's Why

The brokerage maintains Buy rating; as it rolls forward valuation to Dec-2026 and value the stock at P/E of 36x, at ~20% discount to FMCG sector peer average, to arrive at a revised TP of Rs 2,115

12 Feb 2025 3:13 pm
Patanjali Foods Q3 Results: Profit Rises 20.2%, Revenue Up Over 11%

The revenue rose 11.6% to Rs 9,103 crore in the OctoberDecember quarter versus Rs 8,154 crore in the previous quarter.

10 Feb 2025 9:12 pm
Bikaji Foods Q3 Results Review: Dolat Capital Upgrades Rating To 'Buy', Revises Target Price Here's Why

Given recent fall in the stock price, the brokerage upgrades rating to Buy with revised target price of Rs 811 valuing at 55 times FY27E.

10 Feb 2025 12:56 pm
Jubilant FoodWorks Q3 Results To Be Announced This Week Check Key Details Here

Shares of Jubilant FoodWorks have dropped 5% over the past five trading sessions on the NSE.

10 Feb 2025 12:25 pm
Jammu And Kashmir: Liquor, Non-Veg Food Ban In Katra Extended By Two Months

The prohibition will be enforced on the 12 kilometre track from Katra to the holy cave on the Trikuta hill and adjoining areas, officials said.

9 Feb 2025 2:28 pm
Big Food Wants to Feed Our Protein Obsession

Take a stroll through the aisles of any supermarket, and you will see plenty of other items, including bread, cereal bars and yogurt, all trumpeting their protein power.

7 Feb 2025 11:24 pm
Stocks To Buy Today: Biocon, Bikaji Foods, Kaveri Seeds, Dam Capitals And Tata Consumer

Here are all the top 'buy' calls from analysts you need to know about on Friday.

7 Feb 2025 10:21 am
Bikaji Foods Tumbles To Over Two-Year Low As Q3 Profit Declines

Bikaji Foods share price fell as much as 12.97% to Rs 638.5 apiece as soon as the market opened.

7 Feb 2025 10:03 am
ITC To Acquire Over 40% Stake In Frozen Food Brand Prasuma, Plans Full Takeover In Three Years

With the acquisition, ITC is set to become the first full-stack frozen foods brand.

6 Feb 2025 11:14 pm
Bikaji Foods Q3 Results: Profit Misses Estimates, Revenue Rises 15%

The margin narrowed to 7.8% versus 12% in the year-ago period.

6 Feb 2025 8:31 pm
Income Tax Cut To Boost Urban Consumption, Drive Demand For Food Products: Adani Wilmar CEO

Finance Minister Nirmala Sitharaman during her Budget speech on Feb. 1 announced that individuals earning up to Rs 12 lakh a year will not have to pay any income tax.

6 Feb 2025 12:31 pm
PMGKAY: Food Ministry To Partner Tax Department To Remove Ineligible Beneficiaries

New Delhi, Feb 5 (PTI) The income tax department will share data with the Food Ministry to weed out ineligible beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).

5 Feb 2025 8:25 pm
Budget 2025: Waterbase, Apex Frozen Foods, Godrej Agrovet Shares Surge

Currently, India ranks as the second largest in fish production and aquaculture.

1 Feb 2025 11:37 am
Economic Survey 2025 Does Not Propose Fiscal Intervention But Emphasises Hazards Of Ultra-Processed Foods: CEA

The survey released on Friday suggested a multi-pronged approach to address concerns over rising UPF consumption in India.

31 Jan 2025 8:00 pm
Economic Survey 2025: 'Health Tax' Proposed On Brands Promoting Junk Food

FSSAI could consider regulating ultra-processed foods, with clear definitions and standards, including stricter labeling requirements, it said.

31 Jan 2025 3:20 pm
Economic Survey 2025: Relief From Food Inflation Likely Soon But Global Risks Loom

India has managed to bring retail inflation down to a four-year low of 5.4% in FY24 but new economic headwinds persist.

31 Jan 2025 2:45 pm
Titan, Jubilant FoodWorks Get Upgrade From Morgan Stanley Despite Weak Consumption Trends

Titan's steady growth strategy, which focuses on capturing a larger share of the gold and jewellery market, stands out as a key differentiator, the brokerage said.

31 Jan 2025 11:07 am
Westlife Foodworld Q3 Results Review Challenges Persists Says HDFC Securities, Maintains 'Reduce' Rating

Westlife Foodworld's structural levers remain intact says the brokerage.

30 Jan 2025 10:55 am
LT Foods Share Price Falls Over 7% As Q3 Profit Declines

Shares of LT Foods were trading 7.85% lower at Rs 368 apiece, compared to 1.1% decline at the benchmark NSE Nifty 50 at 2:28 p.m.

27 Jan 2025 3:00 pm
Stocks To Watch Today: Kotak Mahindra Bank, NHPC, Patanjali Foods, Infosys, Indus Towers

Adani Wilmar, HG Infra Engineering and VST Industries will be some of the other stocks to watch.

24 Jan 2025 7:00 am
Heritage Foods Shares Rise As Profit Surges Over 59%

The share price rose as much as 4.49% to Rs 461.70 apiece, the highest level since Jan. 2.

22 Jan 2025 4:41 pm
Zomato, Swiggy Get 'Add' As Incred Begins Coverage On India's E-Commerce Food Tech

There's large opportunity and food delivery profitability to support expansion in quick commerce, Incred said.

22 Jan 2025 10:00 am
Price Of Food Corporation Rice Cut By Rs 550 Per Quintal Under Open Market Sale Scheme

State governments and state-run corporations can purchase up to 12 lakh tonnes, while ethanol distilleries are allowed to buy up to 24 lakh tonnes at a reduced rate.

17 Jan 2025 11:00 pm
Zepto Discounts Comparable With DMart Ready, But In-House Food Delivery Costlier Than Peers: CLSA

While comparing the selling price of some commonly purchased items, CLSA found Zepto Super Saver platform offered a discount of 11.6%, trailing behind DMart Ready's 14.9%.

16 Jan 2025 6:43 pm
US Will Ban Cancer-Linked Red Dye No. 3 In Cereal And Other Foods

Red No. 3 will no longer be allowed in US food or ingested drugs starting Jan. 15, 2027, according to a Food and Drug Administration document posted online.

15 Jan 2025 9:00 pm
US Wholesale Inflation Surprisingly Eases On Drop In Food Prices

Compared with a year earlier, the overall PPI climbed 3.3% and core measure advanced 3.5%, both the highest since February 2023.

14 Jan 2025 9:12 pm
December CPI Inflation Eases Further Aided By Moderation In Food Prices: CareEdge

Expected moderation in inflation in coming months, will allow the MPC to consider a policy rate cut amid slowing growth, adds CareEdge.

14 Jan 2025 6:30 pm
Swiggy Launches Initiative To Tackle Food Wastage

The aim is to create a 'meaningful impact' by redistributing surplus food from Swiggy's restaurant partners to the underserved communities.

9 Jan 2025 9:50 pm
The 15-Minute War: Who Will Deliver Your Food First?

Food delivery apps fight it out as the lines between traditional deliveries and quick commerce blur.

9 Jan 2025 4:29 pm
Indian Fast Food Chains To See Turn-Around In 2025 After 'Tough' Year, Says Bernstein

The brokerage expects consumer demand to pick up 'gradually' in the first half and 'materially' in the second of the calendar year.

9 Jan 2025 12:42 pm
Processed Food Industry To Propel Indias Growth, Says Chirag Paswan

Paswan also said India can play a major role as agri producer and exporter, while stressing on the need to expand Indian cuisine globally.

8 Jan 2025 8:29 pm
Nuvama's Top Picks In Retail Space: Titan, Jubilant Foodworks, Aditya Vision, VMart And More

Nuvama expects weak consumer sentiments to persist, but the ongoing wedding season could offer some relief.

8 Jan 2025 6:21 pm
Zomato Vs Swiggy Vs Zepto: The Rise Of 10-15 Minute Food Delivery Wars

Zomato, Swiggy, and Zepto are pushing the limits of 10-15 minute food delivery services, with each company innovating in an increasingly competitive market to meet rising consumer demand for speed.

8 Jan 2025 5:44 pm
Zomato Re-Launches Quick Food Deliveries Two Years After Winding Up Instant Ops

The quick food delivery will take on rival offerings from Swiggy, Magicpin and Zepto.

8 Jan 2025 9:15 am
Centre To Take Decision On Increasing Sugar MSP: Food And Consumer Affairs Minister

Indian Sugar and Bio-Energy Manufacturers Association and National Federation of Cooperative Sugar Factories are pushing for an increase in the MSP to Rs 39.14 per kg or even Rs 42 per kg.

6 Jan 2025 10:39 pm
Jubilant FoodWorks Q3: Revenue To Rises 56.2% To Rs 2,153 Crore

On a like-for-like basis, Domino's India growth was at 12.5% and the same for Turkey was down 3.2%, Jubilant FoodWorks Ltd said in a regulatory filing.

6 Jan 2025 9:53 pm
Jubilant FoodWorks Share Price Jumps As Revenue, Store Network Grow In Q3

Jubilant FoodWorks' consolidated revenue from operations for Q3 FY25 stood at Rs 2,153 crore, marking a 56.2% year-on-year growth.

6 Jan 2025 9:38 am
Jubilant FoodWorks Gets 'Neutral' Rating From Motilal Oswal; Here's Why

Jubilant FoodWorks is strategically enhancing its market presence, operational efficiency through youth-focused marketing campaigns, innovative offerings, and portfolio diversification: Motilal Oswal

2 Jan 2025 9:49 am
Stocks To Buy Today: M&M, Tata Motors, Jubilant FoodWorks And More

Here are all the top 'buy' calls from analysts you need to know about on Thursday.

2 Jan 2025 9:31 am
Jubilant FoodWorks - Slicing, Stirring Up Dessert, Beverage Portfolio; HDFC Securities Maintains 'Add'

The brokerage expects Jubilant FoodWorks to report strong operational numbers in FY25 within its QSR coverage pack, as SSSG recovery, cost optimisation measures could aid margin recovery.

1 Jan 2025 4:07 pm
Curefoods Buys South, West Operations Of Krispy Kreme From Landmark Group

With this acquisition, Krispy Kreme will be the first international brand to join Curefoods' portfolio.

31 Dec 2024 7:06 pm
Stock Of The Day: Jubilant FoodWorks Eyes Three-Year High Post 30% Rally In Two Months

Thirteen out of the 31 analysts tracking the company have a 'buy' rating on the stock, according to Bloomberg data.

27 Dec 2024 10:53 am