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Godrej Appliances, the consumer durables division of Godrej Group, is targeting a 25 per cent revenue growth to nearly Rs 5,000 crore in 2018-19. “We should be close to Rs 4,000 crore this financial year. We will be targeting a 25 per cent growth next year, at close to about Rs 5,000 crore,” Godrej Appliances […]

Godrej Appliances is aiming to expand its footprint in premium appliances. Company plans to raise its share of revenue in premium appliances from 15 percent to 25 percent over the next three years.Company is making an investment of Rs.200 crore to set up a new plant in Pune. Plant will produce only premium products.

Wipro Consumer Care, a business unit of Wipro Enterprises, today said it will invest an undisclosed amount in creative products company Happily Unmarried Marketing Pvt Ltd (HUMPL). Wipro Consumer Care has agreed to make an investment in Happily Unmarried Marketing Pvt Ltd (HUMPL), the company said in a statement.Yesterday, Happily Unmarried Marketing received about Rs […]

Kolkata-based FMCG firm ITC, as part of its efforts to diversify into new areas of agri business, has launched a new brand “Farmland” to mark its foray into the fresh fruits and vegetables segment. The company today launched four variants of potatoes and would introduce apple by the next quarter under Farmland brand. “We are […]

Merchant banking firm Devonshire Capital is planning to acquire 51 per cent stake in Ruchi Soya Industries (RSIL) and will invest Rs 4,000 crore in certain branded packaged oils distribution business of the agri and food FMCG company RSILs Board of Directors has approved signing of a binding term sheet with Devonshire Capital for investment […]

Paytm Ecommerce Pvt Ltd. owned Paytm Mall is establishing its dominance in the Fast-moving consumer goods (FMCG) sector by emerging as the most popular destination to shop for products of daily need. Having witnessed a strong surge in the ongoing Diwali sale, the company is targeting six times growth in FMCG sales by the end […]

RP-Sanjiv Goenka Group has ambitious plans for the newest entrant in its business, fast-moving consumer goods (FMCG). Launched this April, the business will end the year with a turnover of Rs.500 crore. Over the next five years, the target is an annual turnover of Rs.7,000-10,000 crore. Growth will come through a mix of organic and […]

Realty firm Supertech has received green nod for developing a sports-centric housing project in Greater Noida that would entail an investment of Rs 1,130 crore. Proposed residential project Sports Village will be launched during Diwali this year and will be completed in four years. The 62-acre project will be developed in Sector 27 of Greater […]

Realty firm Sikka group has raised Rs 230 crore as debt to complete its three housing projects in Noida. The Delhi-based real estate firm is developing over 3,300 housing units in these three projects. With demand slowdown in the property market, cash-starved real estate developers in the Delhi-NCR are raising fund from banks and private […]

Making it the company’s maiden investment in the commercial real estate space, financial services firm ASK Group has invested Rs. 200 crore in ATS Infrastructure project ‘Knights Bridge’. The project, located in Noida, is a mixed use development project of more than three million square feet. “Our group is focused on delivering consistent, predictable returns […]