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Consumer

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

Spencer's Retail to buy Nature's Basket for $43 mn

Consumer

17 May, 2019

Spencer's Retail to buy Nature's Basket for $43 mn

India's Spencer's Retail Ltd will buy upmarket grocery chain Nature's Basket from Godrej Industries for 3 billion...

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&Me's Ankur Goyal on growth plan and challenges in selling health drinks to women

Consumer

17 May, 2019

&Me's Ankur Goyal on growth plan and challenges in selling health drinks to women

A handful of Indian startups are catering to the growing demand for healthy, ready-to-drink beverages. Women-centric drinks maker &Me has ......

Singapore's GIC, Tata's Taj Hotels ink $600-mn deal to buy hospitality assets

Consumer

17 May, 2019

Singapore's GIC, Tata's Taj Hotels ink $600-mn deal to buy hospitality assets

Singapore sovereign wealth fund GIC and Indian Hotels Company Ltd, operator of the Taj luxury hotels, have signed an investment...

Tata Group consolidates food and beverage biz under new entity

Consumer

16 May, 2019

Tata Group consolidates food and beverage biz under new entity

India's steel-to-autos conglomerate Tata Group announced on Wednesday that it is demerging the consumer products business...

Nestle in talks with EQT, ADIA to sell skin health unit for over $10 bn

Consumer

16 May, 2019

Nestle in talks with EQT, ADIA to sell skin health unit for over $10 bn

Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by EQT Partners and ......

Sadananda Maiya-backed firm set to take over Maiyas Beverages

Consumer

15 May, 2019

Sadananda Maiya-backed firm set to take over Maiyas Beverages

A company backed by food entrepreneur Sadananda Maiya is set to take over Maiyas Beverages & Foods Pvt. Ltd, which ......

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Company watch: Sheela Foam's profit flattens as marketing costs offset cheaper inputs

Consumer

15 May, 2019

Company watch: Sheela Foam's profit flattens as marketing costs offset cheaper inputs

Sleepwell mattress maker Sheela Foam Ltd's sales growth for the year through March fell to its lowest level in at ......

British Brewing Company to raise $14 mn from NeoMile Capital, others

Consumer

14 May, 2019

British Brewing Company to raise $14 mn from NeoMile Capital, others

British Brewing Company has received an initial commitment of Rs 100 crore (around $14.2 million) from investors including NeoMile...

Why fast-food restaurants have managed to scale better than dining chains

Consumer

14 May, 2019

Why fast-food restaurants have managed to scale better than dining chains

Several restaurant chains have attracted PE money but there is a clear scalability problem outside of quick-service restaurant chains. What ......

Actor Deepika Padukone bets on yogurt brand Epigamia

Consumer

14 May, 2019

Actor Deepika Padukone bets on yogurt brand Epigamia

Bollywood actress Deepika Padukone has made an undisclosed investment in Drums Food International Pvt. Ltd, which sells yogurt...

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