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WAVE BEVERAGES ACQUISITION
'Nao' is the time: Why Diageo India is backing this Indian craft gin producerAnand Virmani, Co-Founder & Master Distiller, Goa-based Nao Spirits & Beverages, explains how they marketed India’s first craft gin, Greate...- Belgian Waffle Co: What's fueling India Inc's hunger pangs?India’s food and beverages sector is seeing a surge in dealmaking as domestic and global investors chase fast-growing, brand-led businesses...
- Big guys are putting their money where your mouth isIndia's food and beverages sector is seeing intense dealmaking as urbanisation and rising incomes reshape the market. Reliance Industries a...
- Coca-Cola bottler Kandhari acquires Wave BeveragesKandhari Global Beverages has acquired Wave Beverages' bottling operations for Coca-Cola. The deal is valued at approximately ₹1,000 crore....
- Korean craze goes mainstream: QSR chains spice up menus with Korean-inspired snacksMajor American quick service chains like McDonald's, KFC, and Domino's are incorporating Korean cuisine into their menus, aiming to revital...
- Kuch namkeen ho jaaye: Crunch time in FMCG sectorTraditional Indian snacks, or namkeen, have dominated the FMCG sector, with sales reaching nearly 50% of the salty snacks market in 2023-24...
- Suitor PepsiCo joins Haldiram Snacks queue; US execs in direct talks with Aggarwal familyPepsiCo has recently entered negotiations for a minority stake in Haldiram Snacks Food, competing with contenders Temasek and Alpha Wave Gl...
- Temasek noses ahead in Haldiram race, Alpha Wave still in frayTemasek is negotiating to acquire a minority stake in Haldiram Snacks Food for over $1 billion after Bain Capital opted out. Alpha Wave Glo...
- Varun Beverages shares surge over 5% post Q1 results. Should you buy, sell or hold?Varun Beverages' (VBL) shares surged 5.5% on BSE, hitting Rs 1,558.45, following a 25% YoY increase in March quarter PAT to Rs 548 crore. Q...
- Nestle leans on pricing for Q2 boost; pet foray holds promiseThe overall growth has been pricing-led with material cost inflation eating into the company's profitability. There has been a 24% jump in ...
- India to become a $30 billion market for health food by 2026: AvendusThe number of health-conscious consumers in India would increase from 108 million in calendar year 2020 to 176 million in 2026, the report ...
- DLF to launch a new range of localised malls, two big mallsLast year, many mall operators had offered rental waiver to retailers for lockdown periods and partial relief for a few extra months. This ...
- Market Movers: Bears mauled in bank stocks; DLF rings in realty's glory daysThe country’s largest real estate developer soared over 9 per cent as the maniacal buying in real estate stocks continued in the hope of a ...
- ‘Cos with cheaper credit options may not tap banks soon’Even with large companies making plans for private capital expenditure, bank credit may not surge as such projects are largely being funded...
- Tata Consumer Products Q1 results: Net profit falls 42% to Rs 200 crIts revenue from operations in April-June 2021 jumped 10.85 per cent to Rs 3,008.46 crore, compared with Rs 2,713.91 crore in the year-ago ...
- PepsiCo reports double-digit Q2 growth in IndiaIn the AMESA division, PepsiCo's snacks unit volume reported "double-digit growth in India and Pakistan and mid-single-digit growth in the ...
- Apr-Jun was toughest quarter to manage; witnessing recovery now: TCPL CEOThe April-June quarter, impacted by second COVID-19 wave, was one of the "toughest" quarters to manage for Tata Consumer Products Ltd (TCPL...
- Keeping eyes open for future acquisitions, says Dodla Dairy MD“Days within the lockdown being lifted, we saw demand moving up. Once business is back to normal, growth numbers will very quickly reach pr...
- Strengthening e-commerce along with traditional distribution: Tata Consumer chairman ChandrasekaranAddressing shareholders at the company's virtual annual general meeting, Chandrasekaran, who is also the chairman of Tata Sons, the holding...
- Pepsi's Indra Nooyi leaves us feeling a bit flatHer departure, scheduled for October, leaves the S&P 500 on track to have just 23 female CEOs, less than 5 per cent of the total.
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