Hindustan Unilever, the FMCG major, has posted disappointing numbers for the December quarter on weak consumer sentiment, specially in discretionary categories.
The move comes after RBS failed to close a deal involving sale of its India retail assets to Hongkong and Shanghai Banking Corporation.
The company has commissioned an investment of close to Rs 1,000 crore (Rs 10 billion) over the next five years.
Hardcastle Restaurants to pay royalty of 8% of net sales by 2020, against the current 3%.
Golden Eagle was first launched 12 years ago, but the Ghaziabad-headquartered company stopped marketing the product a few years ago, to focus totally on its alcoholic division.
Amul is the most affordable of baby food brands at Rs 250-270 for a one-kg pack and Rs 130-35 for 500 grammes.
As the country's HNI population is on a rise, the segment is hard to ignore for domestic banks.
Tagged as a sleepy, regional lender till a few years earlier, the bank's stock was not much talked about in the investors' community.
FMCG analysts say inflationary pressure forcing consumers to stinge on non-core products.
Mondelez looks to securing supplies, earning greater revenues from India, emerging markets
Tata AIA Life Insurance has 13 people at the senior vice-president level.
Interview with Britannia's MD on how she proposes to steer the company.
The rising spends on credit cards, increase in sale of third-party products and surge in consumer loan demand have allowed banks to limit the impact of slowdown in corporate fee income.
Company proposes to in-source manufacturing and build healthy portfolios of national and regional brands.
A year after test-marketing its traditional snacks in the northern states of Uttar Pradesh and Madhya Pradesh, Mumbai-based Parle Products is set to launch the product in the west and the north of the country.
The world over, small brands have challenged the big boys. India is no exception
Price-led growth during the quarter is likely to stand at three to five per cent
Could launch high-end models once 4G technology picks up in India.
Will offer lower rates on home loans till end of 2012.
Piqued by the number of states opting to ban the production, sale and marketing of gutkha, a group of manufacturers under the aegis of the Smokeless Tobacco Association have issued print ads saying it is unfair to ban their products when the tobacco content in these is lower than that in cigarettes.
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