Consumer

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

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Diageo may launch another open offer for United Spirits, picks 1.3% for over $75M

Consumer

26 November, 2013

Diageo may launch another open offer for United Spirits, picks 1.3% for over $75M

Diageo Plc, the world’s largest spirits maker by revenue, is expected to launch another open offer to try and buy ......

Consumer

26 November, 2013

Wal-Mart elevates international unit head as new global CEO

Wal-Mart Stores Inc, the world’s largest retailer, has chosen Doug McMillon, who is currently CEO of its international division, to ......

Consumer

26 November, 2013

Diageo considers selling almost all of Whyte & Mackay as part of United Spirits deal

World’s largest spirits maker by revenues Diageo is considering selling majority of liquor business under Whyte & Mackay, now owned ......

Consumer

25 November, 2013

Celio raises stake in Future Group JV

Celio, a French menswear retailer, has increased its stake in a 50:50 (JV) with Kishore Biyani-led Future Group to 65 ......

Consumer

02 December, 2013

H&M gets FIPB nod to invest $115M

Swedish retailer Hennes & Mauritz has received final approval from India's Foreign Investment Promotion Board (FIPB) to invest 7.2 billion ......

Consumer

29 November, 2013

Pearson sells Mergermarket for $624M to BC Partners

British media and education group Pearson said on Friday it had sold its M&A-focused Mergermarket news service for 382 million ......

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Consumer

22 November, 2013

Subhash Ghai's media arts institute Whistling Woods looking to raise up to $8M

Whistling Woods International Ltd, a subsidiary of Bollywood producer-director Subhash Ghai promoted Mukta Arts, is looking at bringing a strategic ......

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Consumer

22 November, 2013

India will form 20% of our Asia Pacific portfolio: Simon Cooper, head of Asia Pacific at Marriott International

Hospitality major Marriott International, which operates 23 hotels in India under seven brands, is looking to have close to a ......

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Consumer

21 November, 2013

Oaktree Capital, Carlyle among suitors for DLF's luxury hospitality arm Aman Resorts

DLF Ltd, the largest realtor in the country according to market capitalisation, has received three new bids to sell its ......

Consumer

21 November, 2013

Dabur India to buy Northern Aromatics' Uttarakhand unit for $2.4M

Fast moving consumer goods maker Dabur India Ltd has struck a deal to buy the business undertaking of Delhi-based Northern ......

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