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.
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.
As daunting as the prospect of public scrutiny and taxman inquisition is, India's wealthy seem to have a steadily expanding list of top-dollar extravagances.
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.
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.
Mumbai's Pallate design studio is stepping into the major league with exciting modern European design.
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.
Antique dealers around the country are getting cannier.
Darryl D'Monte, editor of MARG's latest title 'Mills For Sale: The Way Ahead', on why everybody should be concerned about the controversial mill land redevelopment issue
With an overdose of sermons on product and brand. Not anymore. Advertising is moving to be consumer centric rather than product.
Ad agencies JWT, Ogilvy and Grey International have more than a parent in common. In India, at least, executives from these agencies fly the same airline, stay in the same hotel chains or send documents through the same courier company.
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