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STRATEGIC PORTFOLIO REVAMP
Is it time for India’s HNI’s and UHNIs to rethink their real estate portfolios?For generations, families have measured real estate wealth by the number of properties they own, not the returns those assets deliver. That...- Eye on India cocktail, Suntory eyes 10-15% stake in Allied Blenders & DistillersSuntory Holdings, the renowned Japanese beverage company, is in discussions regarding a potential minority investment in Allied Blenders an...
- Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
- GSK Pharma to expand into oncology, focus on adult vaccines in IndiaGlaxoSmithKline Pharma is shifting focus to specialty treatments and preventive healthcare, emphasizing adult vaccines and oncology in Indi...
- Citigroup to sell China consumer wealth business to HSBCCitigroup has agreed to sell its China consumer wealth portfolio, including clients, assets under management, and deposits, to HSBC. The de...
- Reckitt to sell China baby-formula business for $2.2 billionReckitt will retain an 8% stake in the unit and sees net cash proceeds of about $1.3 billion, which it plans to use to reduce debt, the com...
- Xander Group appoints 3 new directors to Indian NBFC Xander Finance’s boardRajesh Jogi, Tariq Chinoy and Varun Gopinath have joined the newly recast board as part of the company’s plan to ramp up its pursuit of eme...
- Nestle sells US water business to One Rock for $4.3 billionThe sale to One Rock, which is partnering with Metropoulos & Co., involves well-known brands including Poland Spring and Deer Park. Nestle’...
- Flipkart, Amazon race to bag stake in Aditya Birla Fashion and RetailFlipkart may have the edge; move may bring in ecomm firm as strategic partner
- Budget 2017: ETF may include PSB shares, government holding in private firmsGovt could divest its stakes in Hindustan Zinc, IDBI Bank via the new exchange-traded fund.
- Creative agency Mullen Lowe Lintas rejigs top deckMullen Lintas, the recently launched creative agency of Mullen Lowe Lintas Group, today revamped the senior management team across cities.
- EPFO taps LIC to understand stock market investmentsEPFO has also held discussions with the capital markets regulator Sebi in connection with the proposed investment.
- PM Narendra Modi names the new Prabhu of policyHis return to active politics began soon after Modi took charge. Although some expected him to be part of Modi's cabinet in May.
- Onida attempts to live up to its tagline 'neighbour's envy, owner's pride'Onida, once the second-largest television brand in the country, has appointed former LG India director YV Verma as its CEO.
- Liberty Shoes eyeing 25 pc sales growth this fiscalLiberty Shoes Ltd today said it is eyeing 25 per cent growth in sales in the current financial year on the back retail expansion.
- 'We now look to consolidate our buys'Tanya dubash, President (marketing), Godrej Group ,shares the challenge at hand and how the company remains hungry for new acquisitions.
- PEs approach top guns for Satyam stake buyMeanwhile, the promoters themselves are attempting to revamp top management in a bid to turn around Satyam's battered image.
- Khodays to stay focussed on spiritsKhodays to stay focused on spirits operations and hive off other emerging businesses into separate companies.
- Khodays to stay focussed on spirits, hive off emerging bizKhodays, one of the prominent southern business families, are gearing up to put the fizz back into their core alcoholic beverage business.
- Dabur eyes abroad for acquisitions to boost up growthHomegrown FMCG major Dabur has chalked out major expansion plans for overseas markets and is "actively considering" acquisitions and allian...
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