Mother Dairy, a wholly-owned subsidiary of National Dairy Development Board, had posted a turnover of Rs 7,186 Cr last fiscal. Out of this, about 75% turnover came from dairy segment, while the rest is fresh fruit and vegetable and edible oil.
This is for both half litre and one-litre packs and has been done due to higher procurement prices. The company has however not raised the prices of token milk and cow milk. Mother Dairy, which sells more than 30 lakh litres of milk per day in Delhi-NCR, has increased the prices after 14 months.
For Cinepolis, Paytm users can book their movie tickets with over 236 screens the company operates. In March 2016, Paytm partnered with PVR Cinemas and INOX for movies tickets. The new initiative will also let users pay for food and other value-added services through their wallet. For Mother Diary, users will now be able to make payments through their wallets across 100+ Mother Dairy milk booths.