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Lenders sell 0.34% pledged stake of United Breweries in United Spirits

Consumer

18 February, 2014

Lenders sell 0.34% pledged stake of United Breweries in United Spirits

United Breweries (Holdings) Ltd, Vijay Mallya-led UB Group's holding company, has lost around 0.34 per cent stake more in United ......

Heinz India looks to focus on core brands, buy local food firms to boost business

Consumer

10 February, 2014

Heinz India looks to focus on core brands, buy local food firms to boost business

The US-based food processing company HJ Heinz Co is looking to focus on its core brands and acquire local food ......

Godrej Consumer buying out remaining 49% in Darling Group's Nigerian business

Consumer

04 February, 2014

Godrej Consumer buying out remaining 49% in Darling Group's Nigerian business

Temasek-backed home grown FMCG firm Godrej Consumer Products Ltd (GCPL) is acquiring the remaining 49 per cent stake in African ......

Diageo buys 2.4% more of United Spirits for $138M

Consumer

31 January, 2014

Diageo buys 2.4% more of United Spirits for $138M

Diageo Plc, the world’s-largest spirits maker by revenue, has hiked its stake in United Spirits by acquiring another 2.4 per ......

WestBridge Capital takes big bite of 'Crax' maker DFM Foods for over $10M

Consumer

30 January, 2014

WestBridge Capital takes big bite of 'Crax' maker DFM Foods for over $10M

WestBridge Capital Partners has picked up nearly 25 per cent stake in DFM Foods, the maker of salted snacks under ......

Harish Bhat to join group executive council at Tata Sons; Ajoy Misra new chief of Tata Global Beverages

Consumer

30 January, 2014

Harish Bhat to join group executive council at Tata Sons; Ajoy Misra new chief of Tata Global Beverages

Tata Sons has appointed Harish Bhat, presently the managing director of Tata Global Beverages Ltd (TGBL), as the sixth member ......

HUL quarterly sales growth slows, no immediate recovery

Consumer

27 January, 2014

HUL quarterly sales growth slows, no immediate recovery

Hindustan Unilever, India's largest consumer goods maker, expects sales growth to remain muted for the next few quarters at least, ......

Premium
Raymond Group's personal care arm J.K. Helene Curtis to raise $30M PE funding

Consumer

17 January, 2014

Raymond Group's personal care arm J.K. Helene Curtis to raise $30M PE funding

J.K. Helene Curtis Ltd, a part of the Raymond Group, is looking at raising $30 million in private equity funding, said ......

Karnataka High Court says UB Group's sale of United Spirits to Diageo invalid

Consumer

21 December, 2013

Karnataka High Court says UB Group's sale of United Spirits to Diageo invalid

Diageo’s deal to buy a large minority stake in the country’s largest liquor maker United Spirits is facing a new ......

Japan's Toyo Suisan & Ajinomoto forming 51:49 instant noodle JV in India

Consumer

18 December, 2013

Japan's Toyo Suisan & Ajinomoto forming 51:49 instant noodle JV in India

Japanese processed foods makers Toyo Suisan Kaisha Ltd and Ajinomoto Co are establishing a joint-venture company in India for instant ......