Emami acquired the remaining 49.6% of Helios Lifestyle, owning The Man Company. This acquisition enhances Emami’s footprint in the digital-first male grooming market. The firm will continue exploring strategic growth opportunities. Emami reported that 45% of its FY24 topline came from acquired brands, demonstrating the success of its growth strategy.
Related Posts
Reliance AGM 2024 Live Updates: Mukesh Ambani to address shareholders shortly
RIL AGM 2024 Live: Mukesh Ambani spoke of the global economy, the hope that revolutionary breakthroughs in science like Artificial Intelligence offer, and the concerns […]
Sebi chief Madhabi Puri Buch says compliance must not burden companies
SEBI chairperson Madhabi Puri Buch emphasized the ease of regulatory compliance at the Global Fintech Fest. She discussed the positive reception of new REIT regulations […]
‘FPI can be reclassified as FDI if stake exceeds 10%’
The Reserve Bank of India (RBI) has introduced a new framework that allows foreign portfolio investments (FPIs) to be reclassified as foreign direct investments (FDI) […]