NCLAT extends deadline to December 16 for implementation of Patanjali's bid for Ruchi Soya

NCLT had admitted the insolvency plea filed by two lead financial creditors Standard Chartered Bank and DBS Bank. However, later the Singapore-based DBS Bank became dissenting creditor and approached NCLAT challenging the distribution of proceeds from the bid submitted by Baba Ramdev-led Patanjali Ayurveda.

[Funding alert] Health food brand ‘And Nothing Else’ raises seed funding led by Matrix Partners India

Shashank Mehta, Founder of And Nothing Else, said the funds would be used to scale up quality hiring and build the company's manufacturing capability.

Why FMCG companies need distribution aggregators to scale

The FMCG sector is large and relatively unorganised. Following a traditional distribution network is hampering its growth. Here’s how one can bridge the gap.

Britannia holds back product launches, expects demand revival in 9-12 months

Britannia Industries has postponed product launches and expects consumption to revive in 9-12 months.

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