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UNILEVER ACQUISITIONS
Manu Chandra's Sauce, the VC making a feast of small servingsSauce VC is set to make an estimated Rs 500-550 crore from L'Oréal's acquisition of Innovist, validating founder Manu Chandra's strategy of...
L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 croreL'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, p...
L’Oréal buys control of Innovist as India beauty battle intensifiesL'Oréal SA is acquiring a majority stake in Indian beauty startup Innovist. This move strengthens L'Oréal's position in India's rapidly exp...
BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes overBigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company ann...
ET Alpha Wealth Summit: Rajeev Thakkar of PPFAS MF explains when to hold, when to exit, and why most investors get it wrongPPFAS CIO Rajiv Thakkar said successful investing depends more on patience than frequent trading. He advised avoiding unnecessary selling, ...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
Unilever says it won't miss India's premium boom like it did in ChinaUnilever CEO Fernando Fernandez stated the company will not repeat past mistakes in China by being late to India's premium market. He empha...
Listed new-age internet firms brace for a costly ride as war clouds mathThe March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operat...
All Kwality Wall's items to be milk-based next year, says CEO Peter ter KulveMagnum Ice Cream is transforming its Kwality Wall's business in India. The company is moving from vegetable fat frozen desserts to dairy ic...
I-Beauty! After J, K and C, now it's India's turn in the big beautiful marketIndia's beauty industry is emerging as a global force, blending Ayurvedic heritage with modern science to create "I-beauty." With rising ex...
Wingreens World goes for Safe Harvest via share-swap routeWingreens World has acquired Safe Harvest in a share swap deal, marking Wingreens' fifth acquisition. The company also secured over ₹120 cr...
Saint-Gobain to invest $1 billion in India, bets on growth shiftFrench company Saint-Gobain will invest nearly one billion dollars in India over the next five years. This investment signals a major shift...
Magnum plans three more factories to cash in on India's ice cream crazeMagnum Ice Cream is significantly expanding its operations in India. The company plans to increase its factories from one to four to meet s...
Bain Capital sole contender for Vitabiotics buyBain Capital has emerged as the frontrunner to acquire Vitabiotics, as rival bidders TPG Capital and EQT exit the process, potentially lowe...
Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K cr EVBrookfield Asset Management is set to sell its 550-megawatt solar project in Bikaner, Rajasthan. The deal is valued at an estimated ₹3,000 ...
Goldman Sachs posts higher profit on strength in dealmaking, equities tradingGoldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities t...
Stocks in news: LIC, Maruti Suzuki, Sun Pharma, TCS, HULIndian markets extended their gains on Friday, with analysts predicting a steady recovery towards the 24,300-24,700 zone. Several prominent...
Hindustan Unilever to focus on regaining market share: Global CEO Fernando FernandezUnilever's leader, Fernando Fernandez, has placed his trust in Priya Nair, the head of India operations, as she embarks on a transformative...
Unilever bets on 'super growth assets' to strengthen India playUnilever is prioritizing smaller, high-growth acquisitions in India and the US, focusing on premium and digitally native brands. This strat...
Magnum Ice Cream acquires 61.9% stake in Kwality Wall'sMagnum Ice Cream Netherlands has acquired a 61.9% stake in Kwality Wall’s (India) Ltd, gaining control and becoming the new promoter. The o...