Consumer Goods

Realty firm Sikka group has raised Rs 230 crore as debt to complete its three housing projects in Noida. The Delhi-based real estate firm is developing over 3,300 housing units in these three projects. With demand slowdown in the property market, cash-starved real estate developers in the Delhi-NCR are raising fund from banks and private […]

Making it the company’s maiden investment in the commercial real estate space, financial services firm ASK Group has invested Rs. 200 crore in ATS Infrastructure project ‘Knights Bridge’. The project, located in Noida, is a mixed use development project of more than three million square feet. “Our group is focused on delivering consistent, predictable returns […]

Spain-based sanitary product maker Roca has planned to introduce high end tiles over the next six to eight months eyeing Rs 100 crore revenue, a top company official said. Roca Bathroom Products, 100 per cent subsidiary of Spain-based Roca Group retails sanitaryware, taps with revenues of Rs 1,000 crore.”We are planning to launch high end […]

The country’s largest white goods maker, LG Electronics, is going online with a line-up of television, refrigerator and washing machine models that it will sell exclusively on ecommerce portals. The company, which will also give a thrust to selling smartphones on these digital marketplaces, plans to partner Amazon, Flipkart and Paytm under its online sales […]

The Competition Commission has approved the proposed acquisition of Johnson & Johnson’s two brands, ‘Savlon’ and ‘Shower to Shower’, by FMCG major ITC. Savlon is an antiseptic brand while Shower To Shower is a personal care product brand. According to the notice submitted to CCI, ITC would acquire Savlon with “certain attendant inventories, know-how, molds […]

FMCG major Britannia Industries today said it has entered into a joint venture with Greek firm Chipita SA for producing and selling ready-to-eat croissants in India. The estimated investment in the joint venture company — Britchip Foods Ltd — in Phase I is Rs 100 crore. “The company has signed a joint venture agreement with […]

The fast moving consumer goods industry, that witnessed a slowdown for the past three years, has a potential to grow by more than 15 per cent over the next 2-3 years if players in the sector focus on improving brand penetration, a recent study revealed. “India is at the cusp of the FMCG S-curve and […]

PepsiCo India is introducing a set of new healthy products as part of its nutrition portfolio furthering it’s global commitment to reduce its alliance on sugar, salt and saturated fat and boost nutritional content in its products. As part of their flagship brands Quaker Oats and Tropicana, PepsiCo is launching Quaker Nutri Foods and Tropicana […]

Consumer goods companies are already working on their strategies for the rural markets, where they expect demand to get a boost from Budget sops. Affordability will be the primary focus as companies target the rural folks. In the offing are more small packs and entry-level products from biscuits and toiletries firms to appliance makers. “With […]

Yoga guru Baba Ramdev led firm, Patanjali is seeking more land from the BJP led Assam government. The Haridwar-based firm has already been given 150 acres for an Herbal and Mega Food Park in Balipara in Assam. Ramdev had discussion with Assam Industry minister, Chandra Mohan Patwary, and sought another 33 acres of land in […]