Food major Britannia has just opened a new research & development centre at Bidadi near Bengaluru. The state-of-the-art unit is expected to help the company churn out new products not only for existing categories, but also new segments.
Flour mills and major wheat consuming companies such as Britannia have started exploring options to import wheat, after the government reduced the import duty on the cereal grain from 25 per cent to 10 per cent.
Britannia Industries argued before a two-judge bench of the high court here against an order this Tuesday from a single judge, restraining the sale of its NutriChoice Digestive Zero biscuit in the present blue and yellow wrapper.
Britannia Industries Ltd moved a division bench of the Delhi High Court against a September 6, single-judge order, restraining the sale of its NutriChoice Zero digestive biscuit in its present blue and yellow wrapper.
The Delhi High Court on Tuesday provided ITC interim relief by passing an injunction order restricting Britannia Industries from selling its digestive biscuit NutriChoice Zero in blue-yellow packaging.
The pensioners of Britannia Industries Ltd and the biscuit-making major have agreed to settle a decade-long dispute to pay pensions due to employees who retired after March 2003.BIL and Trustees have agreed to the release of outstanding pension
Biscuit major Britannia Industries is planning to foray into other food segments in the coming years and has undertaken a study to chalk out other growth avenues except dairy and bakery products for the company.
Britannia Industries has moved higher by 8% to Rs 3,104 on the BSE in intra-day trade after the company reported a consolidated net profit of Rs 221 crore against an average analyst estimate of Rs 210 crore for the quarter ended June 30, 2016 (Q1FY17).
Despite stocks such as Hindustan Unilever (HUL), Britannia, Havells and M&M Financial running up steeply after the Union Budget and March quarter results, they remain favourites of fund managers and brokers.
A day after New-Delhi-based Centre for Science and Environment (CSE)’s report on the presence of high levels of cancer-causing additives in white bread, pav, bun and pizza bread, the country’s apex body of bread manufacturers said it
Britannia Industries has dipped 8% to Rs 2,703 on the BSE in early morning trade after the company reported a lower-than-expected 13.8% year on year (YoY) growth in net profit of Rs 190 crore for the quarter ended March 31, 2016 (Q4FY16), on the back of a
Britannia Industries Ltd has reported 13.75 per cent rise in profit at Rs 190.2 crore for the quarter ended March 31, 2016. The biscuits and food major had had posted a profit of Rs 167.2 crore in the corresponding quarter in FY15. It also posted
Nine stocks from the BSE100 index have seen their market value appreciate more than 100% in the past two years after Narendra Modi-led National Democratic Allliance (NDA) was voted to power in May 2014.Ashok Leyland, Britannia Industries, Eicher Motors,
Steady expansion in rural markets, sustained leadership position in biscuits and strong presence in the mass, premium and super-premium biscuit segments are the key reasons behind Britannia's strong volume growth in recent quarters.