FMCG

ITC to sell US-based cigarette supplier King Maker Marketing

October 10, 2016 | Joseph Rai

Diversified conglomerate ITC Ltd said it will sell its entire 100% stake in its US-based wholly-owned subsidiary King Maker Marketing, which supplies premium quality cigarettes, for about $24 million (Rs 160 crore).

The story of Emami in its founder’s own words

October 05, 2016 | PTI

Before launching the Emami Group, R S Agarwal and R S Goenka made it sure to study all important and relevant laws and acts so that they would be able to stay within the purview of the law and yet emerge winners, says a new book.

Bombay High Court orders Jin-X to stop imitating Marico’s hair oil brand

September 29, 2016 | Maulik Vyas

The Bombay High Court has directed Mumbai-based Jin-X Healthcare Pvt Ltd to change the colour scheme of its coconut oil brand along with its name, coming as a relief to Marico Ltd, and also restrained it from using any shades of blue for its packaging to protect the hair care brand ‘Parachute’.

Men’s grooming products maker Beardo raises $500K from Venture Catalysts, others

September 28, 2016 | Priya Singh

Men’s grooming brand Beardo has raised $500,000 (Rs 3.32 crore) in seed funding from Mumbai-based Venture Catalysts and other investors.

Raj Vazirani of RHV Enterprise and Siddharth Somaiya of Godavari Biorefineries and Somaiya Group also invested in this round.

Exclusive: Godrej vs Mahendran battle over ‘Good Knight’, ‘Hit’ moves to court

September 26, 2016 | Maulik Vyas

What started as a tiff between billionaire Adi Godrej and former top executive at Godrej Group, Arumugham Mahendran, who has launched a new firm with products that competes with popular Godrej brands Good Knight and Hit, has become a full-blown legal battle.

Wipro’s consumer arm acquires Chinese FMCG firm

September 22, 2016 | Debjyoti Roy

Wipro Consumer Care & Lighting (WCCL), part of billionaire Azim Premji-led Wipro Group, has acquired Chinese fast moving consumer goods (FMCG) company Zhongshan Ma Er Daily Products Ltd, in an all-cash deal.

Jessica Alba's consumer goods firm The Honest Company on Unilever’s radar

September 16, 2016 | Dearton Thomas Hector

Consumer goods behemoth Unilever Plc is in talks to acquire consumer products startup The Honest Company, co- founded by Hollywood actress Jessica Alba, media reports said. 

Men’s grooming products startup Bombay Shaving raises seed funding

August 10, 2016 | Debjyoti Roy

Bombay Shaving Company, a men's grooming products startup, has raised Rs 4 crore (nearly $600,000) in a seed round funding from a group of angel investors including McKinsey India managing director Noshir Kaka, according to a report.

ITC appoints Sanjiv Puri as COO

July 25, 2016 | Debjyoti Roy

ITC Ltd, India’s most valued consumer products maker, said on Monday it has named Sanjiv Puri the company’s chief operating officer.

Puri’s appointment as the COO is with immediate effect, India’s largest cigarette maker said in a stock-exchange filing.

Dabur to acquire cosmetics firm Discaria in first African deal

July 19, 2016 | Debjyoti Roy

Consumer products maker Dabur India Ltd has acquired South African cosmetics manufacturing and trading firm Discaria in its first takeover deal on the continent.

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