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Consumer

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

Monte Carlo files for IPO; promoters, Samara Capital offer shares for sale

Consumer

14 July, 2014

Monte Carlo files for IPO; promoters, Samara Capital offer shares for sale

Nahar Group-promoted Monte Carlo Fashions Ltd has filed its documents for floating its IPO through offer for sale by its ......

Budget 2014: More money at the hand of common man should boost consumer cos

Consumer

10 July, 2014

Budget 2014: More money at the hand of common man should boost consumer cos

The consumer products and services sector has quite a bit to take home from the Union Budget 2014. Segments like ......

Indian Hotels sells Blue Sydney Hotel to Hind Group for $30M

Consumer

10 July, 2014

Indian Hotels sells Blue Sydney Hotel to Hind Group for $30M

Tata Group’s flagship hospitality firm and India’s largest hotel chain operator Indian Hotels Company Ltd (IHCL) has sold its Blue ......

Diageo-controlled United Spirits to buy JP Impex Incorp's Karnataka-based assets

Consumer

14 July, 2014

Diageo-controlled United Spirits to buy JP Impex Incorp's Karnataka-based assets

Liquor firm United Spirits has inked a pact to buy JP Impex Incorp's Karnataka-based assets - including plant and machinery ......

Domestic car sales up 14.76% in June; commercial vehicles yet to perk up

Consumer

09 July, 2014

Domestic car sales up 14.76% in June; commercial vehicles yet to perk up

Domestic passenger car sales rose 14.76 per cent last month to 1.6 lakh units over the same month a year ......

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Impresario consolidating business with cafés as key format, eyes $20M PE funding

Consumer

09 July, 2014

Impresario consolidating business with cafés as key format, eyes $20M PE funding

Mumbai-headquartered Impresario Entertainment and Hospitality Pvt Ltd (IEHPL), which runs different restaurants chains including Smoke House Deli and Mocha Café, ......

French retail giant Carrefour exiting India, to close all five stores

Consumer

08 July, 2014

French retail giant Carrefour exiting India, to close all five stores

Carrefour SA, the world’s second-largest retailer, has said it is exiting India by closing its all five cash & carry ......

Mahindra Holidays to buy 18.8% stake in Finnish vacation ownership firm Holiday Club

Consumer

07 July, 2014

Mahindra Holidays to buy 18.8% stake in Finnish vacation ownership firm Holiday Club

India’s largest vacation ownership company Mahindra Holidays & Resorts India Ltd has inked a definitive agreement to initially acquire 18.8 ......

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Raj Bagri's Metdist in talks to buy majority stake in Spykar from Avigo, promoters

Consumer

04 July, 2014

Raj Bagri's Metdist in talks to buy majority stake in Spykar from Avigo, promoters

Metdist Limited, which owns and operates copper smelters and refineries, is in the advanced stage of discussions to acquire controlling ......

Premium
GIC exits Marico Kaya, sitting on strong gains in 2-yr-old bet on Marico

Consumer

04 July, 2014

GIC exits Marico Kaya, sitting on strong gains in 2-yr-old bet on Marico

Singapore’s sovereign wealth fund Government of Singapore Investment Corporation (GIC) has part exited its investment in Mario Group by selling ......

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