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NIRMA DETERGENT
This owner of a Rs 23,000-crore company once sold detergent on bicycleNirma founder Karsanbhai Patel: Karsanbhai Patel is a billionaire born in Gujarat whose journey from a small-scale entrepreneur to a busine...- CCI approves Nirma's acquisition of Glenmark Life SciencesThe acquisition will trigger a mandatory open offer to all public shareholders of GLS for an additional 17%.
- The little girl twirls on: Nirma's journey from washing powder to cement to pharmaIndia's Nirma, known for its washing detergent, is seeking to expand into the pharma sector by becoming the leading contender to buy Glenma...
- Teenager from Karnataka sues Flipkart after receiving a "Nirma" bar instead of an Apple iPhoneFlipkart and its retailer were ordered to pay Rs. 25,000 by the District Consumer Disputes Redressal Commission of Koppal for providing ina...
- Soap opera: Eye on Future, HUL launches laundry brand after 30 yearsHUL's new laundry brand launch is reminiscent of its introduction of Wheel detergent in 1988 to take on Nirma.
- HUL, P&G, Nirma lose market share to small local brandsIn 2016, listed laundry behemoths Hindustan Unilever and Procter & Gamble either lost market share to regional and local brands or showed s...
- Nirma raises Rs 4,000-crore debt to fund Lafarge dealThe Rs 4,000-cr 5-year bond sale by Nirma offering a yield of 8.68% was oversubscribed 1.5 times. This is the largest rupee bond sale for a...
- Detergent major Nirma raises Rs 4,000 crore debt to fund Lafarge dealOn July 11, Swiss cement giant Lafarge-Holcim had announced that it had entered into an agreement to sell its assets in Lafarge India to Ni...
- Nirma lodges FIR against two for land capture in AhmedabadIn his complaint, Shah alleged that the duo prepared forged documents of Nirma's land in February with an intention to sell it.
- Nirma eyes US-based soda ash assets of FMC Corp worth $1.5 billionSources suggest that Nirma is keen on the buyout but may have to participate in an aggressive bid process if there is enough interest from ...
- Unclean history of washing powder businessIn India and across the world the washing powder business has been full of such twists. ET presents a brief and interestingly unclean histo...
- How Ghari overtook FMCG majors Lux and Surf to be No. 2 detergent brand in quick timeIt took 15 years for Ghari to hit Rs 500 cr in sales. The next 10 years saw it adding another Rs 1,700 cr and be second only to Hindustan U...
- Nirma bid to unlock value via delistingFMCG major Nirma's move to delist from the bourses may have confused analysts and industry captains alike, but its 65-year-old founder Kars...
- Nirma's surprise delisting plan stokes sell-off buzzThe surprise announcement by the Rs4,600-crore Nirma to delist itself is being viewed as a decision taken by a fiercely-private person to k...
- CRISIL assigns P1+ rating to Nirma short term debt issueCRISIL has assigned P1+ rating to Nirma Ltd’s short-term debt issue of Rs 400 crore and reaffirmed P1+ rating to short-term debt program of...
- Nirma expands chemicals biz horizon with acquisition in USNirma’s acquisition of Searles Valley Minerals signals Nirma’s desire to enter the US market, even if valuations are high. Nirma’s chemical...
- HC clears Nirma's acquisition of CoreDetergent maker Nirma’s acquisition of pharma company Core Healthcare has finally received a green signal.
- Nirma closes in on US coNirma, the Gujarat-based Rs 2,500-crore consumer and industrial products company, is close to acquiring a US-based linear alkyl benzene (LA...
- A soap opera called NirmaIn those days, the domestic market had very few players and was largely dominated by MNCs. The cheapest brand in the market came at Rs 13 a...
- SC stays Rs 527 cr sales tax notice to Nirma LtdSC on Thursday stayed a Rs 527.42 crore notice slapped on detergent maker Nirma Ltd by the Sales Tax Department of Gujarat on the kerosene ...
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