The financial arm of Future Group will launch a $500-million logistics fund in three-five months. Chief Executive Officer Kishore Biyani and ex-Goldman Sach Managing Director Sameer Sain, who is the CEO of Future Capital Holdings (FCH), are the major...
Mumbai-based fruit-and-vegetables export company Temptation Foods (TFL) has acquired the marine foods business of FMCG major Hindustan Unilever (HUL) for an undisclosed sum. The business, which includes manufacturing facilities, is said to be worth approximately Rs 250 crore.
The deal...
The next retail format from Future Group is getting fine-tuned and set for a July launch. Christened KB Fair Price, about 10-15 outlets will roll out in the capital city, in its north cluster.
Saurabh Chadha, head of Cash and...
Nestle India, the FMCG major, is reorganising its sales structure. FMCG companies are adopting this change to keep up with the complexities posed by emerging trade channels.
The FMCG major is said to have created new divisions, namely channel and...
Dabur India is going to acquire about 60 per cent stakes in Unza Holdings, Singapore-based consumer goods company for Rs 600-675 crore. This is said to be the one of the biggest acquisition deals in the FMCG sector. Unza...
Niren Chaudhary, an expat from the global ranks of Yum!, is expected to take charge as India MD on March 19, 2007, says a reliable source.
After departure of India head Sandeep Kohli; Ajay Bansal, director, Business Development; and CFO...