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

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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 ......

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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 ......

Wilmar's open offer for Shree Renuka Sugars fails

Consumer

04 July, 2014

Wilmar's open offer for Shree Renuka Sugars fails

A joint open offer by Singapore-headquartered agri-commodity giant Wilmar International with the promoters of Shree Renuka Sugars Ltd (SRSL), coming ......

Budget 2014: GST; incentivising MSME, food processing top wish list for consumer cos

Consumer

04 July, 2014

Budget 2014: GST; incentivising MSME, food processing top wish list for consumer cos

Consumer sentiments is key for the growth of consumer goods and services companies which feel the new government’s top agenda ......

Coke's Indian bottler ropes in Rohit Gothi from Airtel to head front-end ops

Consumer

04 July, 2014

Coke's Indian bottler ropes in Rohit Gothi from Airtel to head front-end ops

Hindustan Coca-Cola Beverages Pvt Ltd today announced appointment of Rohit Gothi as its executive director market operations.Gothi will directly oversee ......

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How Fun Foods founders are rebuilding a new B2B food supply firm

Consumer

03 July, 2014

How Fun Foods founders are rebuilding a new B2B food supply firm

When father son duo Rajiv and Viraj Bahl, who sold their company Fun Foods to German firm Dr Oetker in ......

Diageo gets majority stake in United Spirits with $1.9B open offer

Consumer

02 July, 2014

Diageo gets majority stake in United Spirits with $1.9B open offer

British spirits maker Diageo Plc has seen through a successful open offer in its second attempt to get a majority ......

Rural education firm Hippocampus raises $2.4M from ADB, Unitus, Khosla Impact

Consumer

02 July, 2014

Rural education firm Hippocampus raises $2.4M from ADB, Unitus, Khosla Impact

Bangalore-based Hippocampus Learning Centres Pvt Ltd (HLC), which offers education services to rural children, has raised Rs 14.4 crore ($2.39 ......

Marico Kaya lists after demerger with market cap of around $50M

Consumer

01 July, 2014

Marico Kaya lists after demerger with market cap of around $50M

Marico Kaya Enterprises Limited (MaKE), the beauty and wellness arm of domestic FMCG major Marico, has listed on the bourses ......

Meru Cabs' founder Neeraj Gupta, retail veteran launch fruits & vegetables chain Freshkins

Consumer

01 July, 2014

Meru Cabs' founder Neeraj Gupta, retail veteran launch fruits & vegetables chain Freshkins

Neeraj Gupta, founder of Meru Cabs, has joined hands with K Radhakrishnan, former chief executive officer of KB Fair Price ......

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