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Murmura to granola! Haldiram s sets eyes on India s health food market
Haldiram s recently entered into a 51:49 joint venture with South African health food company, Futurelife (it was earlier in talks with Kellogg s for a JV), under which it launched products such as granola, protein powders and oats
Ajita Shashidhar | March 15, 2021 | Updated 15:39 IST
A.K. Tyagi, Executive Director, of the country s largest snack-maker, Haldiram Snacks, claims that traditional Indian namkeens are healthier than most of their western counterparts. All our namkeens are made out of moong dal, channa dal or besan. They are high in protein and gluten-free too, he says. Though the snack-maker is aggressively expanding its health food portfolio, Tyagi believes the market for traditional snacks will always be bigger. Health foods may grow faster on a lower base. India has a problem of malnutrition too, so, there will be a large set of consumers who would want to consume fried food, he further expl
Tata stake buy lifts Pritish Nandy stock 10%
March 15, 2021
Ratan Tata, Chairman Emeritus, Tata Sons - K.V.S. GIRI×
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The shares of Pritish Nandy Communications were up nearly 10 per cent on Monday after it announced that Ratan Tata, Chairman Emeritus of Tata Sons and Tata Trusts, has acquired a stake in the company.
It closed at an intra-day high of ₹23.50 on the BSE, up ₹2.10 or 9.81 per cent. It opened at ₹21.75 as against the previous close of ₹21.40. The company’s shares were locked in their 10 per cent upper circuit limit on the NSE at ₹23.55, up ₹2.10 or 9.79 per cent.
Tata, who is known to invest in start-ups and technology companies, invested an undisclosed amount in the media company in his “personal capacity.”
Ratan Tata, Chairman Emeritus of Tata Sons and Chairman of Tata Trusts, has, in his personal capacity, acquired a stake in Pritish Nandy Communications Ltd through market purchases last week, the comp
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MUMBAI: Industrialist Ratan Tata has made an eyebrow-raising bet on the producer of Amazon’s hit series ‘Four More Shots Please!’
Ratan Tata, who in his personal capacity has been making bets on technology companies, picked up an undisclosed quantity of shares in the company helmed by the famous film producer and former parliamentarian Pritish Nandy, the company said in an exchange filing.
The announcement triggered a spike in the shares of Pritish Nandy Communications, which were locked in their 10 per cent upper circuit limit of Rs 23.55 on the National Stock Exchange.
The media and entertainment company is known for hits such as ‘Chameli’, ‘Kaante’ and ‘Jhankaar Beats’. Recently, the entertainment content producer hit jackpot with its first over-the-top streaming production ‘Four More Shots Please!’.