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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 ......

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 ......

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CavinKare may look at another PE funding in FY15 before going public: CK Ranganathan

FMCG

05 June, 2013

CavinKare may look at another PE funding in FY15 before going public: CK Ranganathan

Early this week, PE major ChrysCapital infused Rs 250 crore into FMCG company CavinKare which makes hair and skin care ......

ChrysCapital invests $45M in CavinKare

Consumer

03 June, 2013

ChrysCapital invests $45M in CavinKare

Private equity major ChrysCapital has invested $45 million (Rs 250 crore) into Chennai-based personal care products maker CavinKare Pvt Ltd, ......

Tilaknagar Industries sells subsidiary Shivprabha Sugars; inks pact with Mohan Breweries for 2 brands

Consumer

03 June, 2013

Tilaknagar Industries sells subsidiary Shivprabha Sugars; inks pact with Mohan Breweries for 2 brands

Indian made foreign liquor (IMFL) manufacturer Tilaknagar Industries Ltd (TIL) has sold its entire stake in Solapur-based sugar manufacturing arm ......

Nestle India appoints Etienne Benet as MD

Consumer

24 May, 2013

Nestle India appoints Etienne Benet as MD

FMCG giant Nestle India Pvt Ltd has appointed Etienne Benet as its new MD, as per a stock market disclosure. ......

Sequoia leads $8M second funding round at energy drink maker Hector Beverages

Consumer

20 May, 2013

Sequoia leads $8M second funding round at energy drink maker Hector Beverages

Gurgaon-based Hector Beverages Private Limited has raised $8 million in its second round of funding. The investment was led by ......

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ChrysCapital emerges front-runner to invest in CavinKare

Consumer

09 May, 2013

ChrysCapital emerges front-runner to invest in CavinKare

Private equity major ChrysCapital is understood to be close to picking up stake in Chennai-based personal care products maker CavinKare ......

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