Tata Consumer to merge 3 wholly-owned subsidiaries
New Delhi: Tata Consumer Products Ltd said it would merge its three wholly-owned subsidiaries -- NourishCo Beverages, Tata SmartFoodz and Tata Consumer Soulfull -- to ensure "more effective utilisation of the resources" and reduce "compliance requirements". The board of the Tata group firm's FMCG arm on Tuesday approved the Scheme of Amalgamation of the three wholly-owned subsidiaries of the company, informed Tata Consumer Products Ltd (TCPL).
Adani Wilmar posts `130.73 cr net loss in July-Sept qtr
New Delhi: Edible oil major Adani Wilmar on Wednesday reported a consolidated net loss of Rs 130.73 crore for the September 2023 quarter as expenses were higher than income. The company had posted a net profit of Rs 48.76 crore in the year-ago period. ts total income also fell to Rs 12,331.20 crore during the July-September period from Rs 14,209.20 crore in the corresponding period of the previous year, according to a regulatory filing.
National Unity Day observed
New Delhi: Department of Empowerment of persons with Disabilities observed the Rashtriya Ekta Diwas / National Unity Day on the 31st October 2023 in commemoration of the birth anniversary of Sardar Vallabhbhai Patel - the Iron Man of India. With the vision to create awareness among the masses, the Department observed the National Unity Day through the institutions associated with it by conducting various events across the country. The celebration witnessed activities like Run for Unity in Delhi.