Home-grown FMCG major Emami on Saturday announced the acquisition of the remaining 49.6 per cent stake in Helios Lifestyle, which owns male grooming brand ‘The Man Company’. Helios Lifestyle is already a subsidiary of Emami with 50.4 per cent shareholding, according to a statement from Emami. “The completion of the acquisition of Helios by Emami … Read more
With the proposed changes in criteria for stocks to be eligible for the futures and options segment, around 25 stocks are likely to be excluded from the current list, while nearly 78 are likely to find place in the segment, according to analysts’ estimates. Sebi has proposed changes for the eligibility of F&O stocks which … Read more
Tyre maker CEAT Ltd is foraying into steel radial tyres for two-wheelers with an aim to enhance its leadership position in the overall two-wheeler tyre segment and also to help premiumise the brand. The company, which on Friday launched its new premium range of two-wheeler steel radial tyres, is targetting both aftermarket and original equipment … Read more
