The once-famous ayurvedic skincare and oral care brands, Vicco Turmeric and Vicco Vajradanti respectively, are reportedly up for sale. According to industry reports, the Maharashtra-based Vicco Group has mandated Enam Securities to scout for a buyer. However, the company...
The Board of Directors of INOX Leisure Ltd. (INOX), promoted by Gujarat Fluorochemicals Ltd. (GFL), on Feb 3 announced that it has acquired 43.28 per cent stake in the Shroff family promoted Fame India Ltd. (Fame), which owns the...
The board of directors of Arvind Ltd have announced plans for demerger of its branded apparel business and the retail business (under the Megamart banner) into wholly owned subsidiaries with effect from April 1, 2009.
The demergers will be done...
The US sub-prime crisis was on everyone’s mind at the 38th annual general meeting (AGM) of Indo-American Chamber of Commerce (IACC). At the panel discussion, ‘Recent Global Developments – Impact on Indian Capital Markets,’ industry experts were certain that...