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As On 11-Aug-2022 EOD, Market Closed
SENSEX
59,332.60
515.31 (0.88%)
NIFTY
17,659.00
124.25 (0.71%)
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  • ITC to acquire 10% stake in Blupin Technologies

    To strengthen its presence in D2C mother and baby care segment

    ITC proposes to acquire 10% stake in Blupin Technologies, the company behind brand Mylo. Founded in 2017, Mylo, is a full stack community eco-system focused on the parenting...ITC proposes to acquire 10% stake in Blupin Technologies, the company behind brand Mylo. Founded in 2017, Mylo, is a full stack community eco-system focused on the parenting journey of young families. Mylo addresses the needs of its consumers through a wide and relevant range of content, health tools, conversations and community sharing features. Beyond personalised content and an active community, Mylo also offers its users direct-to-consumer (D2C) personal care brands. With this investment, ITC will further expand its presence in the D2C mother and baby care segment. In November 2021, the Company had announced its investment in Mother Sparsh Baby Care, an ayurvedic and natural personal care brand in the D2C space with a focus on the mother and baby care segment. This investment will provide ITC an early mover advantage in the evolving Content-to-Community-to-Commerce space, which is expected to emerge as a platform of the future. The 'ITC Next' strategy articulated by Chairman Sanjiv Puri, which focusses on agility, consumer-centricity and future readiness amidst a digital-first culture has identified such value accretive opportunities as a vector of growth.



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Flash News 11-Aug-2022
  •  ( 14:33) Nifty hovers above 17,650; Fin. services shares rises  
  •  ( 13:37) Sensex spurts 455 pts, European shares advance  
  •  ( 13:19) PB Fintech net loss widens to Rs 204 crore in Q1  
  •  ( 13:02) Radico Khaitan Q1 PAT decline 3% YoY to Rs 58 cr  
  •  ( 12:21) Abbott India Q1 PAT rises 5% YoY to Rs 205 cr  
  •  ( 11:57) Oil India Q1 PAT soars to Rs 1,555 cr  
  •  ( 11:34) Indices trade with strong gains; Nifty hovers at 17,650  
  •  ( 10:58) Patanjali Foods Q1 PAT jumps 39% YoY to Rs 241 cr  
  •  ( 10:34) Barometers turn range bound; Nifty hovers above 17,650  
  •  ( 10:08) Coal India Q1 PAT zooms 179% to Rs 8,833 cr  
  •  ( 10:01) Mazagon Dock Q1 PAT soars 121% YoY to Rs 225 cr  
  •  ( 09:34) Indices open on firm note; Nifty above 17,650  
  •  ( 09:25) Market breadth was strong  
  •  ( 09:19) HEG Q1 PAT spurts 180% YoY to Rs 159 cr  
  •  ( 08:36) Asian stocks trading higher  
  •  ( 08:25) Wall Street soars as inflation falls more than expected in July  
  •  ( 07:53) Wipro launches cybersecurity offering for Australian govt  
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11 August 2022 00:00
3404.90
(-0.22 %)
759.20
(2.75 %)
7316.25
(2.36 %)
15729.30
(0.55 %)
709.55
(-0.76 %)
4257.15
(0.35 %)
2453.60
(2.32 %)
962.05
(1.00 %)
1486.75
(1.42 %)
2612.35
(-1.04 %)
859.30
(1.27 %)
1078.95
(1.60 %)
1619.70
(1.14 %)
306.30
(-1.56 %)
1854.15
(1.46 %)
1867.25
(0.68 %)
1265.55
(-0.15 %)
8818.00
(-0.69 %)
19688.45
(-0.39 %)
153.55
(-1.38 %)
222.80
(-0.25 %)
2590.20
(0.32 %)
524.55
(1.95 %)
920.00
(0.07 %)
109.10
(-0.14 %)
3422.45
(1.98 %)
1077.15
(2.12 %)
2471.60
(1.63 %)
6595.35
(0.06 %)
438.40
(1.93 %)
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