Search Results for:Sapna Agarwal

Saks Fifth Avenue in talks with Aditya Birla Fashion for India stores

Luxury goods retailer Saks Fifth Avenue Inc. is in advanced talks with Aditya Birla Fashion Retail Ltd to open two stores in India, according to two people aware of the development. The first store is likely to open in Aerocity, near the Indira Gandhi International Airport in Delhi, followed by… Read more »


How would Unilever and Kraft Heinz’s merger play out in India?

A merger will give HUL an opportunity to get into the food business.


Havells India scouting for large acquisitions abroad

Electrical equipment maker Havells India Ltd is looking to make large acquisitions in overseas emerging markets to enter new geographies and secure strong brands, a top company official said. “We are not looking at very small acquisitions of Rs150-200 crore kind of companies, unless it is for technology,” said Anil… Read more »


India: Mahindra agri unit to buy Dutch OFD Holding for $5.3m

Mahindra & Mahindra Ltd, through its unit Mahindra Agri Solutions Ltd (MASL), has agreed to acquire a stake of up to 60% in the Netherlands-based fruit distribution company OFD Holding BV for around €5 million (approximately Rs36 crore), it said in a statement on Monday. The group has signed a… Read more »


India: Endura Mass parent in talks with PE funds to sell 40% stake

Medinn Belle Herbal Care Pvt. Ltd, the maker of popular protein supplement Endura Mass, is in initial talks with private equity funds to sell about 40% in the company, according to two people close to the development. The company plans to raise about Rs 200 crore through the stake sale,… Read more »


India: Biyani’s Future Groups inks JV with UK wholesaler Booker Group

Future Consumer Ltd, the packaged consumer goods arm of Kishore Biyani’s Future Group, on Monday unveiled a equal joint venture with the UK’s largest wholesaler, Booker Group, to expand and develop the latter’s cash-and-carry business in India. Future Consumer is investing Rs50 crore in Booker India Pvt. Ltd. Booker Group… Read more »


Navneet Education acquires Britannica’s India business

Under the agreement, the current Britannica business unit will become an independent company within Navneet.


India: Yellow Tie to invest $20m in chef Harpal Sokhi’s restaurant ventures

Yellow Tie Hospitality Management Llp, a food and beverages franchise management firm, plans to invest up to $15-20 million in five restaurant ventures of Indian celebrity chef Harpal Singh Sokhi’s chain Funjabi Tadka.


India: PepsiCo bottler Varun Beverages IPO to open on October 26, price band fixed

Promoters Ravi Jaipuria and his son Varun Jaipuria will sell 5 million shares each in the IPO, while the company will sell 15 million new shares. The beverages manufacturer has hired Kotak Mahindra Capital Co. Ltd, Axis Capital Ltd and CLSA India Pvt. Ltd and YES Securities (India) Ltd to manage the IPO.


India: Enrich Salons to raise $7m to fund expansion, tackle competition

The beauty salon and services chain acquired on-demand services firm Belita in an all-stock deal in July, taking on start-ups such as Urbanclap.com and Housejoy.in that provides beautician services at home.