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Consumer

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

Mahindra Group plans to offload stake in agri arm to PE firms

Consumer

12 January, 2017

Mahindra Group plans to offload stake in agri arm to PE firms

Auto-to-software conglomerate Mahindra Group is planning to raise up to Rs 300 crore (around $44 million) by selling a minority ......

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The Beer Café raises fresh funding from existing investor

Consumer

12 January, 2017

The Beer Café raises fresh funding from existing investor

The Beer Café, an alco-beverage cum quick service restaurant (QSR) chain, has raised a fresh round of funding from one ......

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Nandan Nilekani nearly doubles stake in Cafe Coffee Day parent

Consumer

10 January, 2017

Nandan Nilekani nearly doubles stake in Cafe Coffee Day parent

Infosys co-founder Nandan Nilekani, who led the pre-initial public offering (IPO) investment round in Coffee Day Enterprises Ltd (CDEL) in ......

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PE-backed House of Anita Dongre's sales growth slows, profit falls

Consumer

09 January, 2017

PE-backed House of Anita Dongre's sales growth slows, profit falls

House of Anita Dongre Ltd reported slower sales growth last fiscal year, as rising competition from both brick-and-mortar and e-commerce ......

Alibaba leads $2.55 bn bid for Chinese retailer Intime

Consumer

10 January, 2017

Alibaba leads $2.55 bn bid for Chinese retailer Intime

E-commerce firm Alibaba Group Holding Ltd and the founder of Intime Retail Group Co Ltd have jointly bid to take ......

Everstone-backed OmniActive buys majority stake in fragrance maker Indfrag

Consumer

09 January, 2017

Everstone-backed OmniActive buys majority stake in fragrance maker Indfrag

Mumbai-based nutraceuticals ingredients company OmniActive Health Technologies Ltd has acquired a majority stake in fragrance and specialty chemical manufacturer Indfrag ......

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ICICI Venture in talks to invest in bakery chain

Consumer

06 January, 2017

ICICI Venture in talks to invest in bakery chain

ICICI Venture, the private equity arm of ICICI Bank, is in advanced talks to acquire a stake in a Mumbai-based ......

Five developments that will shape consumer sector

Consumer

06 January, 2017

Five developments that will shape consumer sector

2016 was a mixed bag for the Indian economy, particularly the consumer sector, dragged down by sluggish rural demand and ......

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Vcare in talks for stake sale, hires banker

Consumer

03 January, 2017

Vcare in talks for stake sale, hires banker

Chennai-based VCare Group, which runs a trichology clinic chain and sells herbal hair products under an eponymous brand, is in ......

Govt directive on service charge may prompt restaurants to raise prices

Consumer

03 January, 2017

Govt directive on service charge may prompt restaurants to raise prices

The hospitality industry seems unfazed by the central government’s advisory on the service charge levied by restaurants, with many chains ......

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