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

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Diageo decides against selling Whyte & Mackay

Consumer

17 January, 2013

Diageo decides against selling Whyte & Mackay

Diageo, the world’s largest spirits company by revenue, is not looking to sell UK-based Whyte & Mackay, which it bagged ......

Aditya Birla PE invests $10M in Olive Bar & Kitchen

Food & Agri

17 January, 2013

Aditya Birla PE invests $10M in Olive Bar & Kitchen

Aditya Birla Private Equity, a part of Aditya Birla Financial Services Group, has invested $10 million in Olive Bar & ......

Carzonrent CEO on integration of Qcabs.com, investor interest and expansion plans

Consumer

10 January, 2013

Carzonrent CEO on integration of Qcabs.com, investor interest and expansion plans

Carzonrent India Pvt Ltd, which started as a corporate leasing and cab rental service provider, is now focusing heavily ......

Clearwater Capital hikes stake to 41.3% in Kamat Hotels

Consumer

10 January, 2013

Clearwater Capital hikes stake to 41.3% in Kamat Hotels

Private equity firm Clearwater Capital Partners has acquired an additional nine per cent stake in the open offer for Mumbai-based ......

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Nirlep Appliances in talks to raise $10M, appoints banker

Consumer

09 January, 2013

Nirlep Appliances in talks to raise $10M, appoints banker

Aurangabad-based Nirlep Appliances Ltd, a privately held firm best known for its non-stick cookware in India, is looking at raising ......

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Gaja Capital-led consortium buys 50% in pre-school chain EuroKids from Educomp

Consumer

08 January, 2013

Gaja Capital-led consortium buys 50% in pre-school chain EuroKids from Educomp

Educomp Solutions said that it has sold its 50 per cent stake in pre-school chain EuroKids International to consortium of ......

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Food becoming difficult business, scale is the biggest growth driver: Devyani CEO Virag Joshi

Consumer

08 January, 2013

Food becoming difficult business, scale is the biggest growth driver: Devyani CEO Virag Joshi

Devyani International Ltd (DIL) is one of the group firms of Ravi Jaipuria-led RJ Corp that has interests in beverages, ......

Devyani CEO Virag Joshi on seeking investors, IPO roadmap and the company's upcoming niche brands

Consumer

08 January, 2013

Devyani CEO Virag Joshi on seeking investors, IPO roadmap and the company's upcoming niche brands

ICICI Venture-backed Devyani International, which holds the master franchisee for global food and beverage brands like KFC, Pizza Hut and ......

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Henderson Equity Partners exits HSIL at 2x

Consumer

07 January, 2013

Henderson Equity Partners exits HSIL at 2x

Henderson Asia Pacific Equity Partners has sold most of its 8.8 per cent stake in sanitaryware products maker Hindustan Sanitaryware ......

Marico to demerge Kaya into a separate listed company

Consumer

11 January, 2013

Marico to demerge Kaya into a separate listed company

Consumer products and services company Marico Ltd is restructuring its businesses into two entities one housing its fast moving consumer ......

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