FMCG
Retail
Wal-Mart and Bharti ink JV agreement
World's biggest retailer Wal-Mart and Sunil Bharti Mittal-promoted Bharti Enterprises signed agreements on Monday to establish the 50:50 JV company Bharti Wal-Mart Pvt. Ltd, for wholesale cash-and-carry and back-end supply chain management operations.
By the first agreement, Bentonville, Arkansas-based Wal-Mart...
Retail
Anand Burman is chairman of Dabur India
Dr Anand Burman has been appointed as the new chairman of homegrown FMCG major Dabur India. He is the son of Dabur India’s chairman emeritus, AC Burman.
Burman, who had been serving as vice-chairman of the company, replaces VC Burman,...
Retail
K Mukund is COO at Odyssey
K Mukund has been appointed chief operating officer of leisure store chain Odyssey.
A post-graduate in Management from Xavier Institute of Management, Bhubaneswar, forty-year-old Mukund has over 14 years of professional experience in sales and marketing with leading FMCG brands...
Retail
Dabur Foods to merge with Dabur India Limited
Dabur India Limited (DIL), with turnover in excess of Rs 2,233 crore, has announced plans to merge wholly owned subsidiary Dabur Foods Limited (DFL) with itself. The merger with Dabur India will extract synergies and unlock operational efficiencies for...
Retail
Kerala government to bet on organised retail
They may have raised their voice against corporate retailers, but are apparently not against the way they run business.
The ruling Left Democratic Front (LDF) government in Kerala is keen on transforming the state-owned retail enterprises into more organised and...
Retail
Wipro buys Unza for $246 million
Wipro Ltd, India’s third-largest software services exporter, has bought Singapore-based FMCG company Unza Holdings Ltd for about $246 million in an all-cash transaction.
New York-listed Wipro expects to complete the 100 per cent acquisition by end-July, it said in a...
Retail
Corporate retailers on Kerala Govt hit list
Ever heard of retail emergency? Incredulously enough, it is seemingly close to being declared in Kerala.
The ruling Left Democratic Front (LDF) government in the state has drafted a new legislation on the lines of the Central Essential Commodities Act...
Retail
Tata Group buys Innovative Foods
The Tata Group announced its foray into the processed foods business with the completion of acquisition formalities of 70 per cent stake in the South-based Innovative Foods Limited (IFL) from Amalgam Group. The Rs 16.5-crore Innovative posted a loss...
Retail
Day 2 at The Shop have retailers and brands mulling upon some more issues
Addressing the first session on day 2 of The Shop, Delhi – “FMCG and Processed Food Businesses” – Sadashiv Nair, Food Bazaar, discussed the impact of organised retail by giving instances of Bollywood movies and comparing their titles to...
Retail
Amway India to enter colour cosmetics segment
Amway India, the country’s largest direct-selling FMCG company, is set to enter the Rs 500-crore colour cosmetics segment. Since its inception in India in 1998, Amway has been focusing on the skin-care segment with its range of cosmetics called...
- Advertisement -
Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
- Advertisement -
