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Showing 1 - 15 News out of 859

Reliance Brands in talks to buy Genesis Luxury

According to industry experts the acquisition is in line of the company's objective of achieving strong foothold in the booming luxury market.

June 18, 2018  |  comments ( 0 )  | 

PremjiInvest invests Rs 1,700 cr on Future Retail, buys 6%

The largest in brick-and-mortar retail appeared in the Wednesday reports of a financial daily. After the transaction, Sunil Mittal-led Bharti will still own 3% in the

June 08, 2018  |  comments ( 0 )  | 

Motorola aims to set up 1,000 'Moto Hubs' by next quarter

The company, which launched the latest edition of its flagship Moto G series, currently has about 600 Moto Hubs.

June 05, 2018  |  comments ( 0 )  | 

Coca-Cola's legal and HR heads step down

Both officials were part of the leadership team at the beverage maker.

May 29, 2018  |  comments ( 0 )  | 

Patanjali Makes 30% Higher Bid To Buy Ruchi Soya

As per the sources, the latest bid is around 30 percent higher than offered by vying Adani group, which has offered around Rs 3,300 crore to the company.

May 28, 2018  |  comments ( 0 )  | 

Ferrero to invest Rs 2,000 cr, to beef-up distribution network

Brands like Ferrero Rocher, Kinder, Tic Tac and Nutella operated by Ferrero is considering to get into the affordable segment in the sugar confectionery with value-based

May 28, 2018  |  comments ( 0 )  | 

GSK exploring merger

40% tax liability in India would cost GSK $ 1.6 billion. The company has decided to sell Indian entity entirely instead of selling the Horlicks brand to the potential

May 24, 2018  |  comments ( 0 )  | 

Amazon in talks to buy 10% stake in Future Retail

The move comes close at the heels of Walmart's $16 billion payout to acquire 77% of Flipkart India’s largest e-commerce firm. Walmart is Amazon’s biggest rival in the

May 23, 2018  |  comments ( 0 )  | 

SoftBank confirms it's selling 22% in Flipkart to Walmart

Before Flipkart, SoftBank in 2014 had invested in Snapdeal, which ended with the group writing off almost $1 billion invested in the Delhi-based online marketplace.

May 23, 2018  |  comments ( 0 )  | 

Kedaara, Partners to buy Vishal Mega Mart from TPG, Shriram Group

The transaction expected to complete later this year after going through regulatory approval. As per reports, Kedaara and partners may value Vishal Mega Mart (VMM) for

May 23, 2018  |  comments ( 0 )  | 

Online Grocery Startup Milkbasket Raise $7 Mn Series A Round

In previous raises, the company had raised $3 million in a pre-series A funding from Unilever ventures and others in January 2018.

May 22, 2018  |  comments ( 0 )  | 

PE Firm L Catterton Invests Rs 170 Cr in Future Lifestyle Fashion

FLF, which is the largest department store chain in the country has Central, Brand Factory and more than a dozen brands including Indigo Nation and Lee Cooper operating

May 19, 2018  |  comments ( 0 )  | 

EY records USD 2.4 bn PE/VC investments in April on Big Deals

The next 4-5 years are expected to be the golden age for the Indian PE/VC sector, provided there is stability in the political as well as policy front, he said.

May 17, 2018  |  comments ( 0 )  | 

Arvind Internet plans To Extend its omnichannel services overseas

In October last year, Arvind Internet started providing technological and back-end support to large brands for scaling their businesses across multiple channels — brick

May 15, 2018  |  comments ( 0 )  | 

Britain's Mothercare Seeks More Money From Investors For Restructuring Plan

The Britain based brand has seen sales and profit hammered by intense competition from supermarket groups and online retailers in its main UK market as well as by rising

May 15, 2018  |  comments ( 0 )  |