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Consumer

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

Sanjiv Goenka's son Shashwat is new head of Spencer's retail chain

Consumer

03 May, 2013

Sanjiv Goenka's son Shashwat is new head of Spencer's retail chain

Shashwat Goenka has been appointed as the new head of retail business under RP-Sanjiv Goenka Group. This would essentially make ......

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How CX Partners is quietly building a pan-India budget hotel chain

Consumer

03 May, 2013

How CX Partners is quietly building a pan-India budget hotel chain

CX Partners has joined a growing bunch of private equity firms who are independently building new budget and mid-market hotel ......

Mcleod Russel to acquire Vietnamese tea processing unit for $2.8M

Consumer

03 May, 2013

Mcleod Russel to acquire Vietnamese tea processing unit for $2.8M

Kolkata-based tea plantation company Mcleod Russel India Ltd is planning to buy a Vietnamese tea processing unit for a little ......

CLSA PE to acquire 19.6% stake in Camson Bio Technologies for $10M

Consumer

03 May, 2013

CLSA PE to acquire 19.6% stake in Camson Bio Technologies for $10M

CLSA Capital Partners is investing around Rs 53 crore (close to $10 million) to acquire 19.6 per cent stake in ......

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VLCC eyeing Saudi Arabia foray within a year through possible acquisition

Consumer

02 May, 2013

VLCC eyeing Saudi Arabia foray within a year through possible acquisition

Delhi-based VLCC Health Care Ltd is set to make foray into Saudi Arabian wellness market through a possible acquisition. The ......

Top Indian FMCG firms report robust consumer demand but Godrej, Marico see margin pressure

Consumer

07 May, 2013

Top Indian FMCG firms report robust consumer demand but Godrej, Marico see margin pressure

Two of the top three domestic FMCG (fast moving consumer goods) companies reported strong volume growth in fourth quarter results ......

Unilever seeks to hike stake in Hindustan Unilever up to 75% with $5.4B offer

Consumer

30 April, 2013

Unilever seeks to hike stake in Hindustan Unilever up to 75% with $5.4B offer

Unilever Plc, the world’s second largest consumer goods company, has made a voluntary open offer to increase stake in its ......

Hindustan Unilever's volume growth signals positive demand in FMCG sector

Consumer

29 April, 2013

Hindustan Unilever's volume growth signals positive demand in FMCG sector

The country’s largest fast moving consumer goods (FMCG) company Hindustan Unilever Ltd (HUL) beat analyst estimates by clocking net profit ......

Ruchi Soya forms JV with Japan's Kagome and Mitsui for processed tomato products

Consumer

29 April, 2013

Ruchi Soya forms JV with Japan's Kagome and Mitsui for processed tomato products

Indore-headquartered Ruchi Soya Industries Ltd, one of India's largest edible oil companies, has formed a joint venture for processed tomato ......

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Baring PE India invests around $7M in Zydus Wellness

Consumer

30 April, 2013

Baring PE India invests around $7M in Zydus Wellness

Baring Private Equity Partners India (Baring PE India) has invested around Rs 35-40 crore ($7 million) in Zydus Wellness, a ......

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