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Hindustan Unilever acquires Indulekha brand for Rs330 crore Daily free business news on Asia & Australasia cosmetics industry featuring finance, environmental, ingredients, marketing, manufacturing, packaging, products, regulations, retail, technology. Stocks in focus: Jain Irrigation, Escorts, Deepak Fert, Chambal Fertilisers, Nestle, Shares of fertiliser, irrigation systems and agri machinery manufacturers were in lime Unilever re-enters India's hair care segment Hindustan Unilever (HUL) has completed its acquisition of an ayurvedic hair and personal care brand in India. Patanjali spurs hiring in ayurveda At a time when most companies were charging a premium for organic products, the fact that Patanjalis products are cheaper than most other competing brands did the trick. HUL woos online sellers with warehouse scheme Consumer products giant Hindustan Unilever Ltd (HUL) is renting out space in its New Delhi warehouse to online sellers to stock their products at a subsidized rate. In return, the sellers will push HUL products on online marketplaces and the New Delhi warehouse will be used to deliver the products. Nestle climbs over 5% as Maggi clears CFTRI test Nestle jumped over 5 per cent Rs 6,185.05 after the FMCG major said its popular product Maggi cleared tests conducted by Central Food Technological Research Institute under the directive of Supreme Court, reiterating that the instant noodles brand is safe for consumption. Lower commodity prices to push pretax profit growth: Crisil Revenue growth will remain lacklustre at around 2% due to patchy demand recovery and low pricing power, says the report Be a 'deshbhakt', use our products, exhorts Patanjali advertisement An advertisement for a toothpaste made by Patanjali Ayurved asks customers to 'Focussed on where we are going to add more value to customers in India'
With recent technology heavy, design-oriented product launches in the printing and PC spaces, Hewlett Packard is eyeing the Asian pie in a big way. Basmati prices likely to firm up in near term despite tepid demand "Our expansion strategy would be a combination of geography-led expansion, product-led expansion, and entry into adjacent businesses, which will be a result of our customer-focused approach." Freshly brewed beer remains a dream for Delhi A freshly brewed pint of beer on a hot summer day would sound good to many, but Delhiites will have to wait as the government Dabur India (?261.8) The outlook for the stock of Dabur India is bullish. The stock surged 3.7 per cent on WestBridge makes an open offer to increase its stake in snack maker DFM Foods to 51% Private equity firm WestBridge Capital Partners has made a voluntary open offer to raise its stake in snacks maker DFM Foods Ltd to 51 per cent. WestBridge, which already owns close to 25 per cent stake in DFM Foods, has offered to buy up to 26 per cent more from public shareholders. The purchase may cost it as much as Rs 344 crore ($52 million). Inflation hits 6-month low on cheaper vegetables, pulses
India's annual consumer inflation hits a six-month low in March to 4.83 percent,helped by smaller hikes in food prices, government data showedon Tuesday. Economists surveyed by Reuters had forecast that retailinflation would fall to 5 percent in March from a revised 5.26percent in February. Food inflation slipped to 5.21 percent in March from 5.30percent in the previous month. Endorsers face jail for misleading ads In a bid to make celebrity endorsers accountable for misleading advertisements and endorsements, a parliamentary committee has recommended a maximum punishment for five years' jail and Rs 50 lakh fine. Unlike e-commerce Cos, we offer discounts with Indian money: Kishore Biyani While inaugurating the "Brand Factory" (BF) store in Mumbai, he did not disappoint when questions were flung at him regarding discounts, expansion plans of BF and Central stores, and the future of e-commerce in India. PureCircle to invest $200 million in India Malaysia-based natural sweetener firm PureCircle will invest USD 200 million (about Rs 1,330 crore) over 5 years in India as it forays into the country. Rice basmati strengthens on rising demand Rice basmati prices firmed up by Rs 200 per quintal at the wholesale grains market today on rising demand from retailers against tight supplies from producing regions. Traders said rising demand from retailers amid restricted supplies from Tata Beverages to study impact of climate change on Assam tea production Tata Global Beverages said the report aimed at identifying those areas that would continue to remain suitable for tea cultivation and those areas that would require adaptation and those that might become unsuitable and hence, might need to switch from tea to other crops. Animal farm: India's pet trade goes online, poised for big jump When Satish Cadabom recently brought a pair of Korean Dosa Mastiff pups, it hit the headlines Buy Dabur India with a target of Rs 159: Siddarth Bhamre
Buy Dabur India with a target of Rs 159 and a stop loss of Rs 143 Poll punch: Politicians aiming at creating new vote bank by mixing wine and women From Bihar to Tamil Nadu, politicos are desperately trying to mix wine and women to brew a new electoral elixir that will bring them power. Hard Rock Cafe's India franchisee to raise Rs200 crore JSM Corp, which also runs California Pizza Kitchen and Shiro in India, plans to bring in more global brands Godrej chairman Adi Godrej shares leadership lessons Godrej chairman Adi Godrej shares leadership lessons - "Leadership is about doing tough things which no one else wants to do", Adi Godrej said. Can't easily locate price quantity on product pack? This is set to change The government has amended norms to make it mandatory for packaged food manufacturing firms to display retail price and quantity among other six details more prominently in at least 40% of the packet area, effective from July. Coca Cola's plant in UP: NGT appoints local commissioner New Delhi, Apr 10 () The National Green Tribunal has appointed a local commissioner to inspect the premises of beverages major Coca Cola's Hapur plant in Uttar Pradesh and probe whether it was discharging effluents into a nearby pond. BusinessLine twenty years ago today: Wheat export curbs removed The Government has lifted the ban on export of wheat procured from the private trade. The Directorate-General of Foreign Trade (DGFT) had relaxed its stipulation that only wheat procured from the Food Corporation of Fresh no more: With many e-grocers shutting down, is the euphoria dying out? With several e-commerce and online tech firms shutting their grocery verticals and a few e-grocers closing down operations in select cities, is the initial euphoria dying out for the once-hot sector?
Reliance Retail looks to reinvent itself Under consolidation plan, Reliance Super and Reliance Mart will be brought under one brand Combat dehydration with home-made flavoured water You need to choose hydrating fluids that are not just healthy and low in calories, but are also full of flavours which prompt you to reach out for them throughout the day. How startups are reaching out to children to seed brand awareness among its future consumers Pom Pom is growing with kids, especially because its an environment-friendly initiative and helps in inculcating good habits at a younger age, Consumer forum clears 12 cases on Day 1 The Kolhapur division of the state consumer forum cleared as many as 12 cases on Monday. It is scheduled to hold hearings of around 20 cases on Tuesday.The three-day visit of the forum has started from Monday. Amazon finds Bengaluru consumers most health conscious Bengaluru has also emerged as the city most enthusiastic about sports, with maximum sales of sports the city. While the city consumers bought badminton products more than any other sports, Mumbai favoured football. Delhi consumers also bought badminton-related goods the most. Somasekhar Sundaresan: Gurus India's regulatory framework The strategies that the gurus adopted to build their successful business empires over the past two decades could hardly be adopted by businesses that openly claim to be businesses CFTRI has cleared all samples of Maggi: Nestle Nestle said on Monday that the CFTRI has cleared all samples of its instant snack brand Maggi noodles, stating that all 29 samples tested by the research institute are clear. Home-grown Amul, Mother Dairy, Britannia giving MNCs like Nestle, Mondelez PepsiCo a run for their money According to Euromonitor, the Indian packaged foods market stood at Rs 2,572 billion last calendar, up about 15% from Rs 2,232 billion in 2014. Facebook to add new robot-based service to its messenger app: Report The new bots are expected to be only a fraction of the improvement to the messenger app. There are good reasons for market's monsoon obsession The benchmark indices of the domestic equity market have closer linkages with rural demand, and how! Some of the key components of BSE benchmark Sensex such as FMCG firms ITC and Hindustan Unilever; auto companies M&M, Bajaj Auto and Hero Honda and, to some extent, Tata Motors derive huge shares of their sale revenues from the rural belt. Spirituality in a bottle: Indian guru builds empire on 'holy' bodywash for the faithful Yoga teacher Baba Ramdev is now a key political figure as his retail empire takes
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