Patanjali going to invest Rs 1,150 crore in FY 17, eyes doubling revenue
Patanjali Ayurved, which is a FMCG venture promoted by yoga guru Ramdev will be investing over Rs 1,150 crore in the current fiscal for setting...
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HUL has completed sale of its ‘Modern Bakery’ brand
Hindustan Unilever Ltd (HUL) has concluded the sale of its bread and bakery business under ‘Modern’ brand to Everstone Group’s Nimman Foods Pvt Ltd. HUL...
Colgate Palmolive has declared interim dividend of Rs 3 per share
Colgate Palmolive (India) Ltd has declared an interim dividend of Rs 3 per equity share of Rs 1 each for the financial year 2015-16. Colgate...
Genesis Indian Investment buys stake worth Rs 318 crore in Dabur
The Genesis Indian Investment Company has bought Rs 318 crore worth stake in FMCG major Dabur India through an open market transaction. According to the...
Bajaj Corp is planning to go for acquisition, tap rural areas for growth
Bajaj Corporation Ltd (BCL), the FMCG firm is planning to pursue acquisitions targeting niche brands and tap rural areas to push growth, mainly in light...
HUL going to acquire Indulekha & Vayodha brand for Rs 330 crore
HUL, the FMCG major is going to acquire the premium natural haircare brands Indulekha and Vayodha from Mosons Group for Rs 330 crore to strengthen...
Patanjali aims to invest Rs 1,000 crore on expansion
The FMCG venture Patanjali Ayurved, promoted by yoga guru Baba Ramdev, is going to invest Rs 1,000 crore next year for expansion and plans to...
V Raja has been appointed as new Vice-Chairman and MD of Philips India
Philips India, consumer durables maker said that it has appointed V Raja as the Vice-Chairman and Managing Director with effect from December 1. According to...
Rajshree Empires going to invest $15 million for expansion of cosmetics biz
Rajshree Empires along with its South Korean joint venture (JV) partners, going to invest USD 15 million (Rs 100 crores) by 2016-17 for marketing and...
Future Retail has allotted Rs 750 crore non convertible debentures
A non convertible debentures (NCDs) totaling to Rs 750 crores, have been allotted by the Future Retail on a private placement basis. The company said...