FMCG

Hindustan Unilever to sell stake in Huggies, Kotex JV to partner Kimberly-Clark

July 18, 2016 | Ranjani Raghavan

Hindustan Unilever (HUL) will divest its stake in Kimberly-Clark Lever (KCL) to its joint venture partner US-based Kimberly Clark to focus on its core business, the company said in a stock exchange filing.

Fast-food chain Wow! Momo gets funding from Bandhan Bank

July 18, 2016 | Joseph Rai

Wow! Momo, a Kolkata-headquartered chain of quick service restaurants (QSR), said on Monday it has raised Rs 7.9 crore ($1.18 million) in debt from private-sector lender Bandhan Bank.

SAIF Partners scores high returns from Manpasand Beverages part-exit

July 08, 2016 | TEAM VCC

Venture and growth capital investor SAIF Partners has struck a multi-bagger part-exit from Gujarat-based juice manufacturing and marketing company Manpasand Beverages Pvt Ltd, it's second such liquidity activity this year after selling more shares of Just Dial Ltd.

Exclusive: Sixth Sense Ventures backs maker of sanitary napkin Paree

June 27, 2016 | Debjyoti Roy

Sixth Sense Ventures, a consumer sector-centric venture investment firm, has invested in Noida-based Soothe Healthcare Pvt. Ltd, the firm behind Paree brand of sanitary napkins, a person privy to the development told VCCircle.

How Marico seeks to revive M&A game plan

June 23, 2016 | Debjyoti Roy

Marico Ltd, the maker of Parachute hair oil and Saffola cooking oil, is looking at acquisition opportunities in several categories and countries as it seeks to expand its portfolio through inorganic growth after a four-year gap.

ITC chairman YC Deveshwar to give up executive role

June 21, 2016 | PTI

As part of succession plan at the top management, diversified ITC Ltd Chairman Y C Deveshwar will step aside from his executive role to a non-executive one at the end of his current tenure in February next year.

Exclusive: Syona Cosmetics raises fresh funding from The Chennai Angels

June 21, 2016 | Debjyoti Roy

Syona Cosmetics Pvt. Ltd, a Chennai-based company that offers beauty products and training services to salons and spas, has raised its second round of angel funding from existing investors.

Dabur CFO Lalit Malik on acquisition strategy, competition from Patanjali and more

June 13, 2016 | Debjyoti Roy

Dabur India Ltd has not been as bullish on inorganic growth as some of its rivals such as Godrej Consumer Products Ltd and Emami Ltd. The consumer goods company has made no more than five acquisitions, both domestically and internationally, over the past decade. But that may change now.

Hindustan Unilever to split foods and refreshments biz into separate units

June 02, 2016 | PTI

FMCG major Hindustan Unilever Ltd (HUL) today said it will split its Foods and Refreshments (F&R) business into two separate units in line with its global category structure.

The company also announced appointment of Sudhir Sitapati as Executive Director, Refreshments.

Henkel may pick a stake in Jyothy Labs?

June 02, 2016 | TEAM VCC

German consumer goods major Henkel AG that exited bulk of its India business five years ago by selling the unit to Jyothy Laboratories Ltd has the option to buy as much as 26% stake in the Indian firm by March 2017.

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