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Piramal Enterprises indicated a few months ago that firm was exploring a possible re-entry into domestic formulations market. With its non-compete agreement with Abbott ending next month Piramal’s consumer products division has drawn up elaborate plans to expand its existing portfolio as well as acquire brands that have the potential for over-the-counter (OTC) switches. OTC […]

By splitting its business into separate verticals with dedicated portfolio heads, CavinKare looks to improve distribution and facilitate more launches in future. To accelerate growth fast moving consumer goods (FMCG) company CavinKare has chalked out a new strategy including dividing its businesses into new verticals and appointing a new CEO for each one of them […]

Godrej Consumer Products (GPCL) is eyeing Rs 100 crore turnover in the professional hair products segment in the next three years, a senior company official said. “The professional hair products market currently is about Rs 1,200 crore and our company is aiming to do a business of Rs 100 crore in the next three years,” […]

Global electronics company Plantronics on Tuesday announced it has completed the $2 billion acquisition of Polycom, a leader in the video, voice and content solutions. Polycom’s acquisition will accelerate and expand Plantronics’ vision, enabling it to deliver the broadest portfolio of end points in the Unified Communications and Collaboration (UCC) ecosystem, the company said in […]

Late entrant BSH shuns the mother brand strategy to launch a concerted attack on competition in highly competitive consumer durables market. German firm Bosch and Siemens (BSH) is keen to repeat its worldwide success in Indian consumer durable market which is pegged at Rs.1 trillion. Its pedigree, however has left it with the halo of […]

Nestlé India has managed to grow volume sales in all its product categories in 2017. While the company has grown its sales over the past few years, except in 2015, an all-round growth has come after years. As per the annual report of the country’s largest pure-play food and beverages company by revenue, during the […]

FMCG major Dabur India on Friday said it has completed acquisition of two South Africa-based companies — D&A Cosmetics Proprietary Ltd.and Atlanta Body & Health Products Proprietary Ltd.— through its subsidiary. Company had last year announced that it is going to acquire the two personal care products companies in South Africa for a total cash […]

Construction arm of Larsen & Toubro has won orders worth Rs.3,376 crore across various business segments Power transmission and distribution business has secured orders worth Rs.1,226 crore. Power Transmission Corporation of Uttarakhand (PTCUL) has awarded orders for supply, erection, testing and commissioning of a 220 K.V. double circuit transmission line from Srinagar to Rudrapur. Another […]

MomsCo has launched its baby care range, 6 months after it raised capital from Saama Capital and DSG Consumer Partners even as it readies to expand its offline presence. As part of toxin-free range, Gurgaon-based firm will launch 8 products including Baby wash, shampoo, oils and creams among others. MomsCo has partnered exclusively with Amazon […]

Godrej Appliances, the consumer durables division of Godrej Group, is targeting a 25 per cent revenue growth to nearly Rs 5,000 crore in 2018-19. “We should be close to Rs 4,000 crore this financial year. We will be targeting a 25 per cent growth next year, at close to about Rs 5,000 crore,” Godrej Appliances […]