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Consumer

Latest updates on news, funding, market trends, and innovations driving the consumer industry in India.

Ford and Mahindra to end collaboration on all projects in India

Consumer

01 April, 2021

Ford and Mahindra to end collaboration on all projects in India

Ford Motor Co and Mahindra & Mahindra will not collaborate on any project they had agreed to as part of ......

Tatas' consumer arm to exit American joint ventures Empirical Group, Southern Tea

Consumer

01 April, 2021

Tatas' consumer arm to exit American joint ventures Empirical Group, Southern Tea

Tata Consumer Products has agreed to divest its holdings in two US-based joint ventures to JV partner Harris Tea Company ......

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Kotak group ARC to walk away from bankrupt textile firm

Consumer

01 April, 2021

Kotak group ARC to walk away from bankrupt textile firm

Kotak group ARC to walk away from bankrupt textile firm with 'good returns'    Kotak Mahindra Group’s...

Cabinet earmarks $1.49 bn as incentives for food processing sector

Consumer

01 April, 2021

Cabinet earmarks $1.49 bn as incentives for food processing sector

Prime Minister Narendra Modi's cabinet on Wednesday approved a proposal to earmark Rs 10,900 crore ($1.49 billion)...

SEBI imposes strictures on promoters of PE-backed ADF Foods

Consumer

31 March, 2021

SEBI imposes strictures on promoters of PE-backed ADF Foods

The Securities and Exchange Board of India (SEBI) has imposed strictures on certain promoters of food processing company ADF Foods...

China smartphone maker Xiaomi to invest $10 bn in new EV unit over 10 years

Consumer

30 March, 2021

China smartphone maker Xiaomi to invest $10 bn in new EV unit over 10 years

Chinese smartphone maker Xiaomi Corp has formally entered the automotive industry with a new smart electric vehicle (EV) business,...

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SoftBank-backed FirstCry buys diaper firm in third acquisition

Consumer

30 March, 2021

SoftBank-backed FirstCry buys diaper firm in third acquisition

FirstCry, an online-first baby products retailer, has made its third acquisition with a deal to control a firm that sells ......

JM Financial India Fund II invests in packaging solutions firm Canpac Trends

Consumer

26 March, 2021

JM Financial India Fund II invests in packaging solutions firm Canpac Trends

JM Financial India Fund II has invested Rs 60 crore ($8.3 million) in Canpac Trends, a Gujarat-based folding carton and ......

Rupifi, Bombay Shaving Company, others raise funding

Consumer

25 March, 2021

Rupifi, Bombay Shaving Company, others raise funding

Rupifi, which operates a buy-now-pay-flexibly platform for micro, small and medium enterprises, has raised $4.1 million (around...

InStoried, Happy Jars, Bidgely secure early stage funding

Consumer

24 March, 2021

InStoried, Happy Jars, Bidgely secure early stage funding

InStoried, an AI and deep-technology based content intelligence platform, has raised an undisclosed sum from venture fund Rockstud...

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