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Advent-backed packaging firm Manjushree Technopack to acquire Hitesh Plastics

Manufacturing

Advent-backed packaging firm Manjushree Technopack to acquire Hitesh Plastics

Plastics packaging player Manjushree Technopack Limited (MTL), backed by US private equity firm ...

Markets slip sharply after early volatility, Nifty Midcap index now 20% off record high

Finance

Markets slip sharply after early volatility, Nifty Midcap index now 20% off record high

Markets plunged more than 2% on Thursday after the Swiss National Bank's surprise interest rate ...

Indian shares retreat from record highs as banks, Nestle fall

Markets

Indian shares retreat from record highs as banks, Nestle fall

Indian shares ended lower on Wednesday after scaling record highs for two straight sessions as ...

Unilever to review global tea business as growth slows in India, other regions

Consumer

Unilever to review global tea business as growth slows in India, other regions

Unilever has launched a strategic review of its tea business, including the PG Tips and Lipton ...

Emerging markets come off the boil for Nestle and Unilever

Consumer

Emerging markets come off the boil for Nestle and Unilever

Global consumer goods companies have been banking on emerging markets to drive their growth, so ...

Nestle in talks with EQT, ADIA to sell skin health unit for over $10 bn

Consumer

Nestle in talks with EQT, ADIA to sell skin health unit for over $10 bn

Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by...

Amid Unilever interest, GSK says its mulling merger of consumer healthcare biz

Consumer

Amid Unilever interest, GSK says its mulling merger of consumer healthcare biz

GlaxoSmithKline Plc on Thursday confirmed it was considering a merger of its consumer healthcare ...

Actis may buy Essel's solar projects; Nestle, Unilever vie for GSK's Horlicks

General

Actis may buy Essel's solar projects; Nestle, Unilever vie for GSK's Horlicks

Private equity firm Actis LLP has agreed to buy Essel Infraprojects Ltd’s solar power projects for...

Nestlé, Unilever eye GSK's consumer nutrition biz; Ebix may list Indian biz

General

Nestlé, Unilever eye GSK's consumer nutrition biz; Ebix may list Indian biz

Multinational companies Nestlé and Unilever are in advanced negotiations to acquire GlaxoSmithKline...

GIP, others eye stake in Mumbai airport; 3 suitors start due diligence on GSK biz

General

GIP, others eye stake in Mumbai airport; 3 suitors start due diligence on GSK biz

Mumbai International Airport Ltd (MIAL) has received non-binding bids for a minority stake from ...