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GLOBAL FRAGRANCE MAKERS
Unilever opens AI-powered fragrance R&D centre at IIT Bombay under €100 million planUnilever is launching a new fragrance research center at IIT Bombay. This is part of a major global investment using artificial intelligenc...
India probes fragrance giants Givaudan, Firmenich, IFF over deals not to poach workersIndia's competition watchdog is probing global fragrance giants Givaudan, Firmenich, and International Flavors & Fragrances. Accusations su...
From endangered plants come whiffs of inspirationFrom recreating lost vintage perfumes to evoking extinct flowers, innovators are using cutting-edge biotech and creative license. This olfa...
Investors catch a big whiff of money in D2C fragrance firmsIndia’s direct-to-consumer (D2C) fragrance and deodorant sector is seeing early signs of a funding boom, with venture capital firms negotia...
The Nose Job: How India is recreating the world’s most expensive perfumesA clutch of Indian companies are bottling affordable recreations of global luxury fragrances—from Tom Ford Ombre Leather to Coco Mademoisel...
European shares struggle for direction ahead of ECB's inflation surveysEuropean shares were subdued as investors awaited inflation surveys for insights on the ECB's monetary policy, with Germany's DAX up 0.2% p...
European shares muted ahead of key economic dataEuropean shares were subdued early on Wednesday, ahead of key euro zone economic data and congressional testimony from U.S. Federal Reserve...
A perfume bar, a seven-course fragrance menu: Kannauj’s fragrance legacy is seeing a whiff of changeKannauj’s attar makers are confident they will always find takers for their products. But the possibility of being pushed into the sideline...
Made in India perfume from UP's Kannauj launched in New YorkThe launch of the perfume 'Vikas Khanna by Zighrana' was unveiled by the Consulate General of India in New York Randhir Jaiswal here.
Global PEs eye stake in OmniActiveGlobal private equity investors Goldman Sachs, L Catterton and TPG are in early stages of discussion to acquire a minority stake in Mumbai-...
McNROE focuses on overseas markets to beat slowdownThe fragrance maker said the thrust on the international markets would help the company to increase revenue by 20-30 per cent in the next f...
Global companies eye majority stake in VKL seasoningAbout six companies have expressed interest in acquiring majority stake in True North PE-owned Vallabhdas Kanji Seasoning.
How Indian perfume makers are stepping up to compete with global fragrance giantsIndia has been a land of olfactory indulgence — this is where ittar, incense and aromatherapy have existed for thousands of years, and pers...
SH Kelkar IPO subscribed 47% on Day 2The Rs 500-crore initial public offer of fragrance maker S H Kelkar & Company has been subscribed 42 per cent on the first day of the issue...
We have changed the way people purchase agarbathies: Arjun M Ranga, NR GroupRiding on the success of incense sticks, the NR Group has come a long way to capture the essence of global fragrance.
Family-owned fragrance maker SH Kelkar & Company gets outsider on board as CEOThere is a clutch of Indian family-owned businesses that have brought in professionals to manage their enterprises even as they step back a...
- Blackstone acquires 33 per cent stake in SH Kelkar & Co for Rs 243 crore
The deal puts valuation of India's largest fragrance & flavour firm at Rs 736 cr, nearly Rs 100 cr more than its annual sales last year.
- IFF to invest US $ 150 million on capex annually
IFF will invest US $150 million on capacity expansion globally, the firm's chairman and CEO Doug Tough said.
- Givaudan buys ICI's fragrances unit for $2.3bn
Givaudan, the world’s biggest flavouring maker, agreed to buy the fragrances unit of Imperial Chemical Industries for £1.2bn.
- The scent of a BCCI deal