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PremjiInvest, MCap hike stake in FMCG firm Jyothy Labs

Consumer

30 July, 2015

PremjiInvest, MCap hike stake in FMCG firm Jyothy Labs

Wipro Ltd chairman Azim Premji's private investment arm PremjiInvest and private equity firm MCap Fund Advisors Pvt Ltd have increased ......

Godrej Consumer Products to buy remaining 40% stake in Chile's Cosmetica Nacional

Consumer

29 July, 2015

Godrej Consumer Products to buy remaining 40% stake in Chile's Cosmetica Nacional

Home grown FMCG firm Godrej Consumer Products Ltd (GCPL) has decided to acquire the remaining 40 per cent stake in ......

Nestle recalls India chief amid Maggi controversy; Suresh Narayanan becomes first local MD

Consumer

24 July, 2015

Nestle recalls India chief amid Maggi controversy; Suresh Narayanan becomes first local MD

Battling the Maggi controversy, global giant Nestle today recalled its current India chief Etienne Benet to Switzerland head office and ......

Kingfisher beer maker United Breweries names Shekhar Ramamurthy as managing director

Consumer

23 July, 2015

Kingfisher beer maker United Breweries names Shekhar Ramamurthy as managing director

United Breweries Ltd, the maker of India's top beer brand Kingfisher, has elevated Shekhar Ramamurthy as the new managing director ......

Pharma firm Kopran to sell loss-making consumer care unit

Consumer

17 July, 2015

Pharma firm Kopran to sell loss-making consumer care unit

Mumbai-based pharmaceutical firm Kopran Ltd is planning to sell its consumer care unit, which manufactures and sells oral care and ......

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Singapore's sovereign fund GIC exits FMCG firm Marico

Consumer

14 July, 2015

Singapore's sovereign fund GIC exits FMCG firm Marico

Singapore’s GIC, one of the most active sovereign wealth funds in India, has exited its three-year old investment in Marico ......

Heineken buys United Spirits' stake in Kingfisher beer maker United Breweries for $137M

Consumer

07 July, 2015

Heineken buys United Spirits' stake in Kingfisher beer maker United Breweries for $137M

Diageo-controlled United Spirits Ltd has sold its entire 3.21 per cent stake in beer maker United Breweries Ltd to Dutch ......

CLSA-backed diaper maker Nobel Hygiene buys plant in Nashik

Consumer

04 June, 2015

CLSA-backed diaper maker Nobel Hygiene buys plant in Nashik

Coated paper manufacturer Sarda Papers has sold its factory land and building at Sinnar in Maharashtra to baby diaper and ......

Emami to acquire haircare products brand Kesh King for $259M

Consumer

02 June, 2015

Emami to acquire haircare products brand Kesh King for $259M

Emami Ltd, the flagship firm of business conglomerate Emami Group, has signed an agreement with entrepreneur Sanjeev Juneja to acquire ......

United Spirits gets notice for books inspection, makes fresh provision over UB Group loans

Consumer

28 May, 2015

United Spirits gets notice for books inspection, makes fresh provision over UB Group loans

India's top liquor maker United Spirits Ltd (USL) said it has received a notice from the Ministry of Corporate Affairs ......