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Consumer

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

Govt raises just under $1 bn via ITC stake sale

Consumer

07 February, 2017

Govt raises just under $1 bn via ITC stake sale

The government on Tuesday sold a 2% stake in cigarette maker ITC Ltd for Rs 6,690 crore ($993 million) as ......

Sequoia-backed Genesis Colors gets SEBI nod for IPO

Consumer

06 February, 2017

Sequoia-backed Genesis Colors gets SEBI nod for IPO

Genesis Colors Ltd has received clearance from capital markets regulator Securities and Exchange Board of India (SEBI) for an initial ......

Rural India holds key to consumer sector's fortunes

Consumer

01 February, 2017

Rural India holds key to consumer sector's fortunes

Although big-bang measures to shore up discretionary spending were conspicuous by absence in finance minister Arun Jaitley's budget speech, the ......

Shoppers Stop CEO Salil Nair steps down

Consumer

31 January, 2017

Shoppers Stop CEO Salil Nair steps down

Retailer Shoppers Stop Ltd’s chief executive officer Salil Nair has resigned, bringing an end to close to 20 years of ......

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Gold's Gym India franchisee eyes other Asian markets

Consumer

31 January, 2017

Gold's Gym India franchisee eyes other Asian markets

Gold’s Gym India, a master franchisee of the US-based fitness firm Gold's Gym Franchising Inc, is looking to expand into ......

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Aditya Birla Private Equity exits Café Coffee Day parent

Consumer

31 January, 2017

Aditya Birla Private Equity exits Café Coffee Day parent

Aditya Birla Private Equity, which is on the road to raise its third fund, has exited its 2013 investment in ......

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Mandala Capital set to back food processing firm

Consumer

25 January, 2017

Mandala Capital set to back food processing firm

Singapore-based Mandala Capital is set to make its first investment in India this year by backing a food processing firm ......

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Lactalis hunts for more dairy deals to expand India biz

Consumer

25 January, 2017

Lactalis hunts for more dairy deals to expand India biz

French giant Groupe Lactalis SA is actively scouting for more acquisition opportunities in India, a senior executive told VCCircle, as ......

ITC to name Sanjiv Puri CEO

Consumer

24 January, 2017

ITC to name Sanjiv Puri CEO

ITC Ltd, India’s most valued consumer products maker, said on Tuesday it will seek board approval to name Sanjiv Puri ......

Spice Mobility in talks to acquire Indian biz of Jumbo Electronics

Consumer

23 January, 2017

Spice Mobility in talks to acquire Indian biz of Jumbo Electronics

Hotspot, the mobile retail chain of handset manufacturer Spice Mobility Ltd (formerly S Mobility), is in an advanced stage of ......

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