Dabur to set up first plant in South India, to invest ₹400 crore in Tamil Nadu

Dabur to set up first plant in South India, to invest ₹400 crore in Tamil Nadu

Home-grown FMCG major Dabur India on Thursday said it will set up a ₹400-crore manufacturing plant in Tamil Nadu’s Villupuram district, marking the company’s maiden foray into the South. Dabur owns power brands like Dabur Chyawanprash, Dabur Honey, Dabur Honitus, Dabur PudinHara, and Dabur Lal Tail State Industries Minister TRB Rajaa said, Dabur has signed …

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Burman family raises stake in Religare Enterprises past key 25% threshold

Burman family raises stake in Religare Enterprises past key 25% threshold

Burman family entities on Wednesday acquired an extra 4% stake in Religare Enterprises Ltd to raise their holding to 25.18%, securing veto rights on special resolutions at the financial services company. Before this, the four entities of the Burman family held around 21.18%. Crossing the 25% mark is significant as it gives the Burmans a …

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