According to an investment banker, apart from other international suitors, the Indian companies such as Godrej and Marico too have been approached for picking up the stakes in the home and personal care products company.
Hindustan Lever Ltd, the consumer goods behemoth, is realigning its strategy by entering new retail hotspots such as malls and multiplexes in a big way.
Companies respond to crisis by drawing talent from all pools.
Grey Global group, a part of the WPP Network, is in talks with interactive media companies in India for acquisitions.
After acquiring brands such as Yardley from Procter & Gamble and Finesse and AquaNet from Unilever, Lornamead , the UK-based personal care products company, betting big on India.
As the country's largest advertiser Hindustan Lever negotiates a lower advertising rate with the largest entertainment network Star India, arch-rival Zee Network is smiling.
While an informal network is already in place to handle the modern trade channels, a more structured and formal unit is expected to be set up soon.
After clients, advertising agencies are now offering freebies, well, to their own men.
A range of healthy variants are being launched across categories in the Rs 25,000 crore ($ 5,680 million) F&B space in India.
After exploring marketing solutions as a business opportunity, domestic advertising agencies are now looking at outsourcing as a revenue generator.
Homegrown personal care products company CavinKare, which replaced FMCG major Hindustan Lever as the top shampoo marketer, is once again increasing focus on its hair care portfolio.
Come summer and the cola wars have taken off this time on a different colour, literally.
It has permission to use five per cent of the Assam plantations for non-tea crops, where it already grows spices and vegetables, and it is awaiting similar permission for the West Bengal plantations.
The company is focussed on becoming a global branded beverages player.
Personal care products maker VVF is looking at diversification into the food business. The Rs 675 crore (Rs 6.75 billion) company is currently eyeing buyouts in India.
However, Misra added that Vodafone will need to follow this transition up with a highly visible multimedia campaign in the initial two months. "This will instill confidence among consumers that their brand is in the right hands," he said.
During the quarter, Coke rolled out its fruit juice brand Minute Maid in select locations such as Mumbai. It also introduced variants of Schweppes tonic in the city. The brands will be rolled out in other metros shortly.
Bonino told Business Standard that the Italian delegation, which included almost 400 top Italian CEOs, was extremely bullish on enhancing business ties with India.
The Tata group is looking to spin off its bottled water business into a separate company.
As Videocon expands its presence in consumer durable retail, the company has followed it with the launch of its private label under the Next brand.
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