Month: June 2019

Future Group and Fonterra Future launches new dairy brand Dreamery

Source: Fonterra Future Dairy, a joint venture between New Zealand-based Fonterra and Future Consumer, has reportedly entered the already competitive milk products market in India with its new dairy brand Dreamery. According to the company statement, Dreamery under Fonterra Future Group JV will sell Dahi, UHT Toned Milk, Chocolate and Strawberry Milkshake. It will

Budget 2019: Eye capital goods space! These 11 stocks likely to benefit the most

Source: Budgetary support or reforms in sectors like infrastructure, oil and gas, power, steel, automobile are a precursor to growth in the capital goods industry. We expect the Union Budget to continue to lay emphasis on infrastructure. This, in turn, will drive public as well as private investment, and will eventually benefit the capital

Reliance Infra, RPower shares tank after Yes Bank invokes 9 crore shares

Source: Reliance Infrastructure and Reliance Power shares tanked on Friday after Yes Bank invoked around 9 crore Reliance Power shares owned by promoter Reliance Infrastructure. Following the invocation of shares on Thursday, Reliance Infrastructure’s holding in Reliance Power has come down to 29% from earlier 32.21%. Reliance Infrastructure shares tanked 6.57% to close at

Share market update: Consumer Durables shares trade higher; Blue Star up over 3%

Source: NEW DELHI: The S&P BSE Consumer Durables index was flat in Friday’s afternoon session with most of its components trading higher. Shares of Blue Star (up 3.74 per cent), Crompton GreavesNSE -3.38 % Consumer Electricals (up 2.49 per cent) and TTK PrestigeNSE 0.85 % (up 0.61 per cent) were trading with gains. Symphony