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Consumer

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

Hero MotoCorp buying 49.2% in American sports motorcycle maker Erik Buell Racing for $25M

Consumer

01 July, 2013

Hero MotoCorp buying 49.2% in American sports motorcycle maker Erik Buell Racing for $25M

Bain Capital-backed Hero MotoCorp Ltd, through its US-based wholly owned subsidiary HMCL (NA) Inc, is buying 49.2 per cent stake ......

Credit Suisse PE-backed Shree Ganesh Jewellery raising $25M

Consumer

28 June, 2013

Credit Suisse PE-backed Shree Ganesh Jewellery raising $25M

Kolkata-based jewellery manufacturer and exporter Shree Ganesh Jewellery House Ltd is raising Rs 150 crore ($25.3 million) from Progruss Investments, ......

Wal-Mart India head Raj Jain quits; Ramnik Narsey named interim chief

Consumer

26 June, 2013

Wal-Mart India head Raj Jain quits; Ramnik Narsey named interim chief

Raj Jain, president of Wal-Mart India and managing director & CEO of Bharti Wal-Mart Pvt Ltd, the wholesale retail joint ......

PepsiCo India head Manu Anand quits

Consumer

01 July, 2013

PepsiCo India head Manu Anand quits

Beverages and snacks major PepsiCo’s India region president Manu Anand has quit the company with immediate effect, according to a ......

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Hector Beverages selling 1.5M bottles of energy drink Tzinga a month, eyeing break-even by March 2014

Consumer

21 June, 2013

Hector Beverages selling 1.5M bottles of energy drink Tzinga a month, eyeing break-even by March 2014

Gurgaon-based Hector Beverages Pvt Ltd, which operates under the brand Tzinga, has arguably emerged as the second biggest volume player ......

Unilever opens $5.4B share purchase offer for HUL at Rs 600 per share

Consumer

21 June, 2013

Unilever opens $5.4B share purchase offer for HUL at Rs 600 per share

Unilever Plc, the world’s second largest consumer goods company, has opened its voluntary share purchase offer to hike stake in ......

Tree House completes Brainworks acquisition for $1M

Consumer

20 June, 2013

Tree House completes Brainworks acquisition for $1M

Tree House Education & Accessories Ltd has completed the acquisition of brand and assets of Brainworks, a national chain of ......

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Staples Future co-chiefs on why office supply giant Staples sold its stake, revenue milestones, margins and more

Retail

19 June, 2013

Staples Future co-chiefs on why office supply giant Staples sold its stake, revenue milestones, margins and more

In 2007, Shailesh Karwa and Sharad Dalmia sold their three-year old online B2B stationery supply venture Officedge India to Future ......

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Omnivore invests in Bangalore-based agri-tech startup Barrix

Consumer

18 June, 2013

Omnivore invests in Bangalore-based agri-tech startup Barrix

Godrej Agrovet-backed early-stage VC fund Omnivore Partners has struck its second deal in as many months this year by investing in ......

Unilever cleared to increase Hindustan stake from June 21

Consumer

13 June, 2013

Unilever cleared to increase Hindustan stake from June 21

Unilever said on Thursday it would start to increase its stake in its Hindustan business from June 21 after it ......

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