The Fast-Moving Consumer Goods (FMCG) sector has emerged as a favourite space for FIIs. Notaly, the FMCG sector is considered defensive because it tends to perform relatively well even during economic uncertainty.
According to an exchange filing by Kohinoor Foods, Vikas Lifecare's investment worth Rs 250 crore will make it into a debt-free entity.
The GST Council, chaired by Union Finance Minister Arun Jaitley and comprising his state counterparts, had last week lowered tax rates on over 200 items.
Kolkata, July 27: Cigarette-to-hotels conglomerate ITC Ltd. is eyeing a turnover of Rs.1 lakh crore by 2030 from its FMCG brands, a top official said here yesterday.The company, which aims to create global Indian brands
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