Emami expects profitable growth not only from the Man Company and Brillare but also from other brands. These investments demonstrate a clear path to profitability for the company. The rural has still not started that kicking off and Emami expects rural growth to initiate from the first quarter or first half of the next fiscal only. There is a lot of optimism.
Godavari Biorefineries collects Rs 166 crore from anchor investors ahead of IPO
Godavari Biorefineries Ltd raised over Rs 166 crore from anchor investors including HDFC Mutual Fund and Goldman Sachs prior to its IPO. The IPO, including