In an upbeat mood on good results, Adi Godrej, chairman of the Godrej group, tells Sapna Agarwal he is looking forward to a good year, as the fast-moving consumer goods (FMCG) sector remains unaffected by the general...
Elder Heathcare to expand brand portfolio in 2009
In a bid to grow its outreach, Elder Healthcare, the FMCG wing of Elder Pharmaceuticals plans to expand its product portfolio in the oral care and personal care segment, with a special focus on the emerging male...
ITC acquires Technico Agri Sciences for Rs 121 crore
FMCG to cigarettes major ITC Ltd on Thursday said it has completed the full acquisition of Technico Agri Sciences Ltd (TASL), a company owned by its direct subsidiary, Technico Pty Limited (TPL), Australia for a cash...
Biyani ties up with Tata-Tesco chain to supply Future brands
In what can be described as the coming together of two rival retailers, Kishore Biyani’s Future group has tied up with Trent Hypermarket, a joint venture of Tata group’s Trent and UK-based Tesco. The...
Ratan Tata invests in retail technology startup SnapBizz
Tata Sons chairman emeritus Ratan Tata has invested an undisclosed amount in Bengaluru-based retail technology start-up SnapBizz. The company had announced a Series-A funding of $7.2 million led by Jungle Ventures...
Genesis Indian Investment picks up Rs 318 crore stake in Dabur India
Genesis Indian Investment Company today bought stake worth Rs 318 crore in FMCG major Dabur IndiaBSE -0.84 % through an open market transaction. According to the bulk deals data on BSE, the investment firm bought about...
Emami Raises Rs 950 crore for Kesh King Buy
KOLKATA: Emami Ltd has raised Rs 950 crore debt to partially fund the acquisition of Kesh King brand of hair products which was touted as one of the biggest deal in recent times in the Indian FMCG industry. The Kolkata...
Consolidating Future Retail
With rising disposable income of Indians, younger demography and fast-paced industrial development, Indian retail industry has emerged as one of the most dynamic sectors. The Indian retail industry accounts for 10% of...
Nestle India Acquires Stake In Indocon Agro
Nestle India Limited had acquired 26% stake in Indocon Agro and Allied Activities Private Limited, engaged in milk collection business in Western India for an undisclosed amount. Indocon Agro and Allied Activities...
SPLIT & LIST: THE WAY AHEAD FOR CONGLOMERATES?
In last September’s edition we covered a topic “Conglomerates – Corporate Dinosaur: On their Way to Extinction?” where we discussed various reasons for decreasing number of conglomerates, one of them being increasing...
Marico Spins Out Kaya
Marico spins out Kaya Marico Packaged consumer goods have demerged its services business Kaya into a separate listed firm as a part of the business restructuring process. The company will create two separate companies...