MAM
Nutralite Margarine relaunched at ‘Better Food Show’
MUMBAI: Post the acquisition of 61.5 per cent stake in Carnation Nutra Analogue Foods, the makers of Nutralite, Zydus Cadila have re-launched its brand Nutralite Premium Margarine. Its launch party was held in the form of a food show called -The Better Food Show. |
Zydus Cadila Ltd. executive director Ganesh Nayak said, “We intend to offer the Indian consumer healthier dietary choices to counter health risks posed by oils/fats – which are the root cause of all lifestyle disorders in India.” Guests present included food critic Rashmi Uday Singh, actor Perizaad Zorabian, fitness expert Leena Mogre, obesity consultant Dr M. Lakdawala and several others. |
The food show was an attempt to introduce healthy food preparations using Nutralite, which is a healthier alternative to butter. The menu included popular dishes like Butter Chicken labeled Better Chicken, Butter Paneer Masala labeled Better Paneer Masala and many other Better dishes prepared with Nutralite replacing other edible oils/butter, asserts an official release.
Savoring the better food menu were celebrities, food critics and healthcare practitioners like cardiologists, dieticians and endocrinologists who appreciated the concept and the food preparations too.
Speaking about Nutralite‘s game plan Nayak said, “We want to establish Nutralite as the healthier alternative to butter and capture a market share of 8-10 per cent of the 800 million branded butter market over the next 2 years.”
Considering that in the western countries margarine sales are 2 times that of butter, Zydus believes that the opportunity in the Indian market presents a huge untapped market, given its distinctly superior health benefits vs butter.
Nutralite will be promoted with mass media support in both print and television media. From a communications perspective, Nutralite will be promoted as a versatile healthy butter substitute which can be used as a bread spread and for culinary applications as well, adds the release.
Brands
Google nears Nvidia in race for world’s most valuable company
Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.
MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.
That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.
Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.
The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.
Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.
Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.
Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.
The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.
At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.
