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

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Credo Brands back on the PE prowl to raise upto $100M, in talks with TPG Capital

Consumer

13 January, 2015

Credo Brands back on the PE prowl to raise upto $100M, in talks with TPG Capital

Mumbai-based men's apparel firm Credo Brands Marketing Pvt Ltd, which is behind the brand Mufti, is planning to raise upto ......

Novartis India gets board nod to transfer OTC unit to JV with GSK for $17M

Consumer

13 January, 2015

Novartis India gets board nod to transfer OTC unit to JV with GSK for $17M

Novartis India Ltd, a public listed subsidiary of Germany-based Novartis AG, has obtained its board approval to transfer its over-the-counter ......

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Lilliput Kidswear under liquidation; promoter says has a stay order

Consumer

13 January, 2015

Lilliput Kidswear under liquidation; promoter says has a stay order

Kids' apparel retailer Lilliput Kidswear Ltd, the Delhi-based firm which had locked horns with its PE investors Bain Capital and ......

Govt to bring bill in Parliament for vocational training

Consumer

13 January, 2015

Govt to bring bill in Parliament for vocational training

Ahead of Prime Minister Narendra Modi's visit to Canada in April, the government will introduce a bill in next session ......

United Spirits' shareholders approve licensing pact with Diageo; shares surge

Consumer

12 January, 2015

United Spirits' shareholders approve licensing pact with Diageo; shares surge

Shares of United Spirits Ltd (USL) today surged nearly 7 per cent as the company's minority shareholders have approved a ......

Edelweiss ARC picking 10.5% stake in small multi-fruits processing firm Tricom

Consumer

09 January, 2015

Edelweiss ARC picking 10.5% stake in small multi-fruits processing firm Tricom

Pune-based Tricom Fruit Products Ltd, a small processed fruit products exporter, has received its board approval to raise Rs 2 ......

Edible oil firm NCML first casualty in IPO market, withdraws issue after poor response

Consumer

09 January, 2015

Edible oil firm NCML first casualty in IPO market, withdraws issue after poor response

Edible oil firm NCML Industries Ltd has become the first casualty in the primary market having been forced to withdraw ......

Sixth Sense makes Series A investment in roadside car assistance co Cross Roads

Consumer

08 January, 2015

Sixth Sense makes Series A investment in roadside car assistance co Cross Roads

Consumer centric venture fund Sixth Sense Ventures, floated by former IDFC Securities' managing director and its co-head of research Nikhil ......

Godrej Consumer to acquire South Africa's Frika Hair

Consumer

06 January, 2015

Godrej Consumer to acquire South Africa's Frika Hair

Mumbai-based FMCG firm Godrej Consumer Products Ltd (GCPL) is acquiring hair extension business from the South Africa-based Frika Hair (Pty) ......

Craft beer maker Cerana raises bridge round, in talks to raise $10M in Series A

Consumer

05 January, 2015

Craft beer maker Cerana raises bridge round, in talks to raise $10M in Series A

Craft beer maker Cerana Beverages Pvt Ltd has closed its bridge round of funding from existing investors besides a new ......

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