Henkel India Ltd
Retail
Budget 2017: FMCG players expect the Govt to enhance rural spending, rip taxes
Government's move to enhance rural spending through welfare schemes like MGNREGA and reduction in tax rate on basic income slab would help drive demand for products, say leading FMCG firms.
PTI quoted Managing Director, Godrej Consumer Products Ltd (GCPL), Vivek...
Beauty & Wellness
Jyothy Labs to buy 20 percent more in Henkel India
FMCG firm Jyothy Laboratories Ltd has offered to acquire up to 20 percent more stake in Henkel India in an open offer valued at around Rs 96 crore.The open offer, to acquire up to 2.32 crore shares at Rs...
Beauty & Wellness
Jyothy Labs set to acquire 50.97 percent stake in Henkel India
The board of directors of Jyothy Laboratories Ltd (JLL) has approved the buy-out of 50.97 percent stake in Henkel India Ltd (HIL) from Henkel AG & Co. JLL had in March acquired 14.9 percent stake in HIL from the...
Beauty & Wellness
Henkel to scoop out haircare biz from India arm
German consumer goods firm Henkel’s Indian arm has received its shareholders’ nod to sell its fastest-growing business unit in India – the haircare products business housed under the Schwarzkopf Professional Division. The division is to be sold to Henkel...
Beauty & Wellness
Henkel India to sell Schwarzkopf Professional brand
Henkel India Ltd has proposed to sell its professional haircare and hairstyling brand, Schwarzkopf Professional.According to the notice of postal ballot sent out to its shareholders, the company says in the current competitive business environment, it has become imperative...
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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...
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