Diversified business group ITC is understood to be gearing up to invest up to Rs 1,000 cr in FMCG segment in the next four years which will include setting up new facilities.
Baytree will subscribe over 1.67 cre shares at Rs 410 a share on a preferential allotment basis, subject to the signing of a share subscription agreement and shareholders approval.
FMCG firm Godrej Consumer Products (GCPL) today said it will acquire 60 per cent stake in Chilean hair colour firm Cosmetica Nacional for an undisclosed amount.
It's probably a brand most of us remember from childhood - SevenSeas Original cod liver oil and in some cases abhorred because of the strong fishy smell.
Unilever's Indian division Hindustan Unilever (HUL) plans to integrate this business with its existing personal care portfolio and further grow the Brylcreem franchise.
There is opportunity for the coffee industry to increase footprints in the domestic market, Planning Commission Deputy Chairman Montek Singh Ahluwalia said.
ITC Ltd expects growth in its food business to slow in the coming fiscal year, as continued inflation in key raw materials are expected to hurt volumes.
Nestle India announced the launch of one of its global programmes, ‘Nescafe Plan’, to support coffee farmers and help it optimise its coffee supply chain.