Mansi Jaswal – Page 41

Ather Energy CEO Tarun Mehta’s annual remuneration rises 36.3% to Rs 3 crore in FY25

Ather Energy CEO Tarun Sanjay Mehta

Tarun Mehta holds a bachelor’s and master’s degree in technology in engineering design from the Indian Institute of Technology (IIT), Madras under the dual degree programm

Bikaji Foods, Gopal Snacks, Prataap Snacks shares jump after govt slashes GST rates on namkeen

Bikaji aims to set up a House of Brands to cater to unique customer tastes and preferences and establish Bikaji as a key player in the Quick Service Restaurant (QSR) domain

The GST rate of extruded savoury/salted (other than un-fried or un-cooked snack pellets), falling under HS 1905 90 30 has been reduced from 18% to 12%

IPO-bound Ather Energy plans aggressive marketing push to strengthen EV brand

Ather Energy's IPO to fund expansion, marketing, and R&D

Ather plans to utilize Rs 300 crore of its net proceeds to fund advertising and marketing efforts in the upcoming years

Marico aims to grow food biz at 20-25% CAGR, scale to 2x by FY27

E-commerce and modern trade contributed to 30% of the Indian business of Marico

Chairman Harsh Mariwala said with the continued impetus to the 4Ds (Diversification, Distribution, Digital, and Diversity), the company is moving fast toward becoming Marico 3.0

Marico diversifies portfolio, reduces dependence on Bangladesh amid political turmoil

Marico spent Rs 293 crore on advertisement in Q3 FY25

Marico reported an 8.66% rise in net profit to Rs 464 crore between April and June FY25. The company posted a 6.7% increase in revenue from operations to Rs 2,643 crore in the June quarter in FY25

Zomato-backed Magicpin eyes $100 million annual run rate by year-end: Founder Anshoo Sharma

Magicpin's valuation was $323 million as of January 2022

Magicpin has planned to expand its operation to tier-1 cities and states’ capitals. Co-founder Anshoo Sharma said that Delhi and Bengaluru are the company’s big players at the moment