Dabur's acquisition is in line with its strategy to build a global presence in the international FMCG market.
Dabur has successfully transformed itself from a company known for its health supplement, Chyawanprash, to a multi-product, fast moving consumer goods (FMCG) player.
A source with knowledge of the matter claimed Dabur might have already approached the two companies, without revealing further details.
Dabur Foods said on Thursday that it was eyeing to more than double sales turnover at Rs 200 crore (Rs 2 billion) in two years on the back of increasing sales of fruit-based beverages.
Dabur India Ltd has sold its entire stake in its French cheese-making joint venture, Dabon International Pvt.
Initially, hair care products such as Vatika hair oil and shampoos, Meswak toothpaste, Chyawanprash and honey would be made available.
In a move to focus on its core FMCG strength, the Burman family, promoters of Dabur India, last week announced their exit from the pharma business.
FMCG major Dabur India has decided to hold back the expansion plan of its newly launched retail arm with an aim of capitalising more from further downslide in retail rentals that the company is expecting.
H&B's lifestyle retail arm, which will operate under the brand name 'new-u', marks the entry of Dabur into modern retail. The first new-u retail outlet is scheduled to open in January next year in Delhi and later expand to other major cities across India.
Although the school, through an oral submission, defended the use of the banyan tree, it has not been able to convince Justice Pradeep Nandrajog, who is hearing the case.
Dabur India's brand proliferation contrasts starkly with other FMCG companies' power brands. How effective will the strategy be?
Homegrown FMCG major Dabur India on Wednesday outlined a four-year business plan involving an aggressive expansion strategy in the domestic and foreign markets, including new product launches and acquisitions
Fast-moving consumer goods (FMCG) companies, retail firms, and producers of consumer durables are witnessing stable urban demand. However, people in the trade are waiting for clearer signs of revival closer to the festival season, starting in September.
Sources close to the development said this could happen at a meeting of the company's board of directors on Thursday.
Dabur is likely to launch these new products in the beginning of the next fiscal.
Dabur's international business stands at around Rs 380 crore (Rs 3.8 billion), out of which Nepal accounts for Rs 40 crore (Rs 400 million), while Pakistan contributes around Rs 10-12 crore (Rs 100-120 million). However, the bulk of Dabur's international business comes from the GCC (Gulf Cooperation Council) countries and Africa.
'Merely keeping low price may help in the lower segment initially but people have become much more aware and careful about their health and it will eventually determine value for money.'
Burman had sought permission to travel to Dubai from May 3-7.
In an event-heavy week, stock investors will track ongoing quarterly earnings, the US Federal Reserve's interest rate decision, and macroeconomic data for market direction, analysts said. Moreover, progress in India-US trade negotiations will remain a key focus for investors, an expert said.
Homegrown FMCG major Dabur on Tuesday said it would finalise plans within the next six months to set up a manufacturing unit in Pakistan through a joint venture. "We hope to conclude discussions soon... in the next six months," Sunil Duggal, CEO, Dab
Dabur India on Tuesday said it was planning a Rs 22 crore (Rs 220 million) investment in capacity expansion this fiscal to set up new manufacturing units and has identified Vatika as the umbrella brand for the fast moving consumer goods business.
The Burman family, which had made an open offer in September to acquire Religare Enterprises' control, in a statement said: "We are surprised and disappointed at these allegations." Burmans said it will move towards closing the transaction "expeditiously", working with all the regulators.
The Burman family is in talks to buy less than 26 per cent stake in Espirito Santo India.
Dabur to consider demerger of pharma biz
Having already put in place an elaborate mechanism for self-evaluation of its board members, Dabur India said on Thursday that it will adopt a comprehensive whistle blower policy in the January 28
The company has also entered into an agreement with Pogo under which Odomos will use the image of Pogo's character Chota Bheem to adorn the wristband and mosquito repellent patches.
As Ayodhya readies itself for the glittering, much-awaited consecration ceremony of the Ram Mandir on January 22, and as millions of pilgrims and devotees pour into the holy city for the momentous event, companies are rushing to do their bit and be a part of the mega celebrations. Some are offering a part of their profits as donations, telcos are beefing up the number of cellular towers to ensure better connectivity, and there are those distributing jalebis and food platters.
A case was registered against Burman under the Income Tax Act for the offences relating to concealment of income and tax evasion.
Colgate-Palmolive India's September quarter (Q2FY26) performance has reinforced concerns among brokerages about the company's continued market challenges.
Capital market regulator Sebi on Tuesday rejected the competing open offer made by the US-based entity Danny Gaekwad Developments & Investments for acquisition of Religare Enterprises Ltd (REL) as it did not meet necessary regulations.
Religare Enterprises Ltd (REL) on Monday notified the exchanges that its Board has commissioned a governance review of REL and its subsidiaries - Religare Finvest and Religare Housing Development Finance. Additionally, the Board has decided to approach the new promoters, the Burman Group, for immediate funding support to sustain operations of the company.
In a clear indication of things to come, homegrown FMCG major Dabur India has decided to increase prices 5 per cent across most product categories to accommodate the sharp rise in the price of flexible packaging material made of polymers. This is the sharpest price rise effected by the company in eight years.
Daily essentials and food products will be cheaper from Monday, as leading FMCG companies have slashed prices, extending GST cut benefits to consumers.
The Burman family, which runs Dabur Group, has denied any involvement or role in an illegal cricket-betting app as alleged by the Mumbai police in a complaint filed last week. The family said vested interests were behind the police complaint and they wanted to scuttle their (Dabur's) move to acquire Religare Enterprises, a financial services company. "We have not received any formal communication on any such FIR
