"We are ready to evaluate purchase for any additional shares including from the IndusInd Bank. But, our headroom is about four per cent. We will keep our holding below 25 per cent," Dabur India Vice Chairman Mohit Burman told PTI from Greece on Sunday.
To double its current turnover of Rs 13.53 billion in five years, the firm plans to generate 25 per cent of this consolidated revenue from FMCG sales.
50 per cent of the flashlights market in the country is dominated by Chinese imports, which have been increasing.
As imports reduced, Eveready clocked significant volume growth in batteries.
The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports Ishita Ayan Dutt.
While companies have not launched too many products in rural areas of late, easy financing has helped push up demand.
For India Inc, latest GDP figures signal a turnaround.
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