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Consumer

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

Educomp Solutions plans long-term debt restructuring

Consumer

08 July, 2013

Educomp Solutions plans long-term debt restructuring

BSE-listed education company Educomp Solutions has initiated discussions with its lenders and has approached the Corporate Debt Restructuring (CDR) forum ......

Red tape, graft: India no super market for Wal-Mart

Consumer

08 July, 2013

Red tape, graft: India no super market for Wal-Mart

Wal-Mart's India expansion is stalled. When India announced last September that it would allow foreign supermarket chains to take majority ......

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Pizza market in India not saturated; we can create 1,000 outlets in 5-7 years: Om Pizzas' Pavan Gandhok

Consumer

08 July, 2013

Pizza market in India not saturated; we can create 1,000 outlets in 5-7 years: Om Pizzas' Pavan Gandhok

As a late entrant in the Indian pizza market dominated by Domino’s, besides a significant presence of its other global ......

Mawana Sugars sells subsidiary Mawana Foods to promoters for $1.4M

Consumer

05 July, 2013

Mawana Sugars sells subsidiary Mawana Foods to promoters for $1.4M

Siddharth Shriram-controlled Mawana Sugars Ltd (MSL) has sold its entire 65.03 per cent stake in its subsidiary Mawana Foods Ltd ......

Unilever hikes stake in HUL to 67% for $3.2B

Consumer

05 July, 2013

Unilever hikes stake in HUL to 67% for $3.2B

Unilever Plc, the world’s second largest consumer goods company, has increased stake in its Indian arm Hindustan Unilever (HUL) from ......

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DLF misses another deadline to complete $300M deal to sell Aman Resorts

Consumer

04 July, 2013

DLF misses another deadline to complete $300M deal to sell Aman Resorts

DLF Ltd, the country’s largest realtor by market value, has missed yet another deadline to see through a previously announced ......

Vocational training provider SkillSonics secures $3.8M from National Skill Development Corp

Consumer

03 July, 2013

Vocational training provider SkillSonics secures $3.8M from National Skill Development Corp

Bangalore-based SkillSonics India Pvt Ltd, which offers vocational courses in partnership with Swiss Vocational and Educational Training (VET) institutions, has ......

Diageo acquires 25.02% in United Spirits as against the original plan of 53.4%

Consumer

08 July, 2013

Diageo acquires 25.02% in United Spirits as against the original plan of 53.4%

Diageo, the world’s largest spirits company by revenue, has managed to buy 25.02 per cent of United Spirits, less than ......

India Value Fund Advisors to invest up to $40M in VKL Seasoning

Consumer

02 July, 2013

India Value Fund Advisors to invest up to $40M in VKL Seasoning

Buyout firm India Value Fund Advisors (IVFA) is investing up to $40 million in VKL Seasoning to finance its next ......

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Shree Ganesh Jewellery gears up for $42M QIP in 3 months

Consumer

01 July, 2013

Shree Ganesh Jewellery gears up for $42M QIP in 3 months

Kolkata-based jewellery manufacturer and exporter Shree Ganesh Jewellery House Ltd, which has announced plans to raise Rs 150 crore (around ......

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