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FMCG SPIN OFF
HUL rebuts divestment buzz, says foods business ‘core’ as Unilever confirms talks after inbound offerHindustan Unilever has denied speculation of divesting its foods business, stating it remains a core and attractive segment. Parent Unileve...- ITC betting big on tech, FMCG growth and hotel expansion; planning ₹20,000 crore capex: Sanjiv PuriITC Limited is prioritizing technology-led transformation, new business creation, and aggressive expansion across segments, including a sig...
- Kwality Wall's listing date announced as HUL gets trading approval for demerged entityHindustan Unilever Ltd secured approvals from BSE and National Stock Exchange of India to list demerged ice-cream arm Kwality Wall's on Feb...
- HUL shares rise over 1% after firm sets December 5 as record date for ice-cream business demergerHUL shares rise over 1% after firm sets December 5 as record date for ice-cream business demerger
- Whatever is right will be done at the right time: Sanjiv Puri on ITC InfotechITC Chairman Sanjiv Puri stated that the company will continue evaluating strategic options for businesses like ITC Infotech, but has no im...
- Reliance shares fall 2% as Jio IPO pushed beyond 2025, retail listing delayed furtherReliance Industries shares fell nearly 2% after reports emerged that the highly anticipated IPOs of Reliance Jio Platforms and Reliance Ret...
- Mukesh Ambani's Reliance Industries to spin off FMCG brands into new arm ahead of mega IPO plansReliance Industries plans to consolidate its FMCG brands into a new entity, New Reliance Consumer Products Limited. This strategic move aim...
- Reliance Industries shares in focus as plans to spin off FMCG brands into new arm take shapeReliance Industries is restructuring its consumer business by spinning off its FMCG brands into a new subsidiary, New RCPL, to give it spec...
- HUL shares in focus as board approves demerger of ice-cream biz into separate listed entityHUL share price: Hindustan Unilever's board has approved the demerger of its ice cream business, including brands like Kwality Wall's and M...
- ITC bets big on FMCG business for growth"The ITC Next strategy for the FMCG business is to build a future-ready portfolio. With more than 25 brands at the moment, the annual consu...
- ITC stock in for upgrade post top brass rejigCheapest FMCG counter trading at P/E of 16 despite 40% EPS gain in 3 years; chairman’s comments and change of CFO suggest an impending rest...
- Eveready to restructure tea biz, open for FMCG tie-up"Packet tea will be a key driver. We are working on it and in the couple of months, we will able to share a clearer picture on our plans," ...
- Marico emerges as best performer in 20-member ET FMCG Index, gains 42% in last six monthsThe Street is banking on the personal products portfolio to be the next growth trigger for the company in coming years.
- HUL to demerge its exports biz into separate entityFMCG major Hindustan Unilever Limited today said that it will demerge its exports business into a separate entity--Unilever India Exports--...
- Future Group to hive off Big BazaarPantaloon Retail has finalised a plan to spin off its value retail business-discount store chains such as Big Bazaar and Food Bazaar-into a...
- Future plans Pantaloon recast; to raise Rs 1,500 crThe exercise will see Pantaloon Retail divided into three separate companies catering to FMCG & consumer durables, retail, and fashion, inv...
- Polls to boost liquor, sports utility vehicles & FMCG sectorsThe spin-off effects of poll spending and post-election revelry could help businesses like liquor, auto and FMCG.
- Pre-poll revelry may prop up select sectors in the short termThe spin-off effects of election spending and post-poll revelry could help businesses like liquor, auto and FMCG. Money spent in country-wi...
- Godrej hives off Nature's BasketSubhiksha's ex-president, Mohit Khattar, has been hired to head Nature's Basket.
- Emami gets board's approval to hive off realty bizFMCG major Emami Group has got its Board's approval to hive off its real estate arm into an independent entity.
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