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Whey protein sachets boost mass market reach

Mumbai: Once sold in bulky tubs mostly to bodybuilders, whey protein is now showing up in sachets and single scoop packs as marketers emulate the playbook of everyday fast-moving consumer goods (FMCG) to drive penetration, affordability and on-the-go consumption amid rising demand."Everyone is becoming more aware of how short on protein they are," said Tarun Arora, chief executive officer of Zydus Wellness. This is pushing protein from a discretionary purchase toward a lifestyle staple.However, high costs, driven by expensive raw materials and supply chains, have historically kept the category out of reach for many, with kilogram packs often priced above ₹2,000. Hence the small packs, which are cheaper to try and easier to carry. 129738045 "Sachets should be a growth mechanism, not a margin lever. It is about lowering friction, not lowering price," Arora said.Companies such as Truebasics, MuscleBlaze, Wellbeing Nutrition and Optimum Nutrition now offer sachet bundle...

ED flags Indians buying Dubai homes via cards

Mumbai: When it rains in Dubai, it pours in Mumbai. As the desert metropolis deals with a nervous property market, Indians who used credit cards to buy homes in Dubai are beginning to receive notices from the Enforcement Directorate (ED).These property buyers had either swiped international credit cards (ICCs) on visits to the Emirates to pay the initial deposit or had clicked on payment links sent by UAE developers-probably, oblivious that they were trampling on Indian laws.At least three persons were served notices by the central agency in February, questioning their source of funds for the deals, sources told ET.129737458 Credit card transactions are like short-term loans and foreign exchange regulations prohibit individuals from borrowing to buy foreign properties. The Reserve Bank of India (RBI's) liberalised remittance scheme (LTS) used by resident individuals to buy stocks and apartments abroad requires transfer of tax paid funds through official banking channels.Those stunn...

Consumer cos hike prices amid rising cost of war

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'India well positioned to for future investments'

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Trump's mixed messages on Iran

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India, China to resume trade via Lipulekh Pass

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India's largest asset manager SBI Mutual Fund files DRHP for IPO. Check details

SBI Mutual Fund, India's largest asset management company, has filed its draft red herring prospectus (DRHP) with market regulator Sebi for an IPO, which will be entirely an offer for sale (OFS) by its promoters. The offer will see the sale of up to 20.37 crore equity shares of face value Re 1 each, with no fresh issue component, implying that the company will not receive any proceeds.State Bank of India, the promoter, will offload up to 12.83 crore shares, while Amundi India Holding will sell up to 7.53 crore shares as part of the OFS. The weighted average cost of acquisition stands at Rs 0.15 per share for SBI and Rs 4.35 per share for Amundi. The total issue size in rupee terms has not yet been disclosed.SBI Mutual Fund operates as the investment manager to its flagship mutual fund business and also offers portfolio management services (PMS), alternative investment funds (AIFs) and offshore advisory services.The company serves over 1.6 crore unique investors as of December 2025 ...