Dowdy wine and liquor shops are making way for swankier alternates.
The advantage could translate into Groupe Danone buying the Wadias's stake in Wadia BSN, the 11-year-old venture between the two groups, and hence pave the way for Groupe Danone doing business on its own in India.
The world's largest branded yoghurt maker is eager to enter the world's largest market
Groupe Danone is contemplating an exit from the biscuits category in India, due to low margins and a plethora of small manufacturers.
French firm in talks with Wadias over future relationship.
The executives of Anand, Gujarat-based Amul, the country's largest dairy products maker, said that there is enough untapped market to make it a mission possible
In February 2007, for instance, durables grew at 1.1 per cent compared with 20 per cent for the same period last year.
Media and advertising agency Madison will acquire a majority stake in cricket's "little master" Sunil Gavaskar's sports management company, Professional Management Group.
Mumbai-based Temptation Foods has acquired the marine foods business of FMCG major Hindustan Unilever for an undisclosed sum.
Even as conflicts between rival brands increase in India, industry experts find the trend encouraging.
Tata Tea's exit from Glaceau, its largest acquisition so far, puts the question in context.
According to Indian tax laws, an acquisition or sale made by an overseas subsidiary of an Indian company is not liable for taxation in India.
With substantial cash reserves, a buoyant domestic market and increasing global opportunities, almost every consumer goods (FMCG) company is looking for acquisition targets.
Magppie has some huge diversifications planned including a foray into modular kitchens and a design studio in Copenhagen.
There is also a growing realisation amongst companies that very small children are not able to comprehend communication properly.
Last week, lunch boxes delivered by Mumbai's formidable army of dabbawallas (delivery boys) came with a small tag.
Royalty terms with Danone for brand on the cards.
Confrontational advertising has become the order of the day in India with corporate houses taking on rivals head-on.
In what could be the norm in the days to come, luxury brands that are available in India, including the ones mentioned above, are coming together to work in unison.
At present, Godrej Sara Lee's portfolio largely consists of household insecticide brands like Hit and Good Knight in India, apart from Sara Lee's air purifier brand, Ambi Pur.
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