GSKCH INDIA
Global, Indian FMCG companies in race for Capital Foods
PepsiCo and Reliance Industries are among those said to have been sounded out by Goldman Sachs, the investment bank mandated to run the auction process. However, according to executives close to the developments, Reliance is not keen on pursuing the potential offer, given the steep valuations.
Secret's Out: Global and local food cos set to spice up their portfolio as Capital Foods up for grabs
Nestle, Tata, Nissin, HUL, ITC, Dabur, Kraft Heinz among those expected to bid in $1.5-2 billion deal, IPO an option too.
'Strict lockdowns' hit FMCG major Unilever's growth in India, other key markets
Anglo-Dutch FMCG major Unilever on Thursday said strict lockdowns in key markets, including India, have impacted its business growth in the first half of 2020.
HUL stock may be peaking out after a gulp of Horlicks
The Horlicks brand buyout is the biggest for the company in its over 87-year history.
HUL board to meet on April 1 to declare merger with GSKCH
Hindustan Unilever Ltd (HUL) and GSKCH have received approval from the Mumbai and Chandigarh bench of the National Company Law Tribunal, respectively for the merger, HUL said in a regulatory filing.
GSKCH gets Competition Commission approval for Hindustan Unilever merger
Fair trade regulator Competition Commission of India on Friday approved the merger between GSK Consumer Healthcare (GSKCH) and Hindustan Unilever.
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ITC likely to be a strong contender to buy GSK's nutrition business including Horlicks
Nestle, Unilever, PepsiCo may look to buy its nutrition business, but ITC ‘likely strong contender’ as malt-based brands can expand its portfolio.
FSSAI can hold retailers responsible if found selling unapproved products
"The retailers should also be responsible for what they are selling to the consumers. They should at least check for food approvals," said chief executive of FSSAI.
After maggi, more brands come under FSSAI scanner
FSSAI on Monday asked all state food regulators to ensure that all the ‘illegal’ products in these fast food categories are “recalled.
GSK Consumer Healthcare India appoints Prashant Pandey as Marketing Director
Pandey will replace Jayant Singh who takes over as VP & General Manager of GSK Consumer Healthcare Brazil, GSK Consumer Healthcare India (GSKCH) said.
North and west regions show lowest consumption of malted food drinks
Traditional milk consuming regions north and west show the lowest consumption of malted food drinks (MFDs) as compared to the east and south.
GlaxoSmithKline Consumer Healthcare Ltd India-Novartis deal won't affect business in India
GlaxoSmithKline Consumer Healthcare today said the global deal between GlaxoSmithKline Plc and Novartis won't affect its business in India.
GSKCH to expand product offerings under Horlicks brand
Last year, GSKCH launched Horlicks Pro Mind, which is specifically focused on cognition in children.
GSKCH rolls out global niche toothpaste brand Parodontax
Consumer and healthcare firm GlaxoSmithKline on Friday announced the national roll out of its second global oral care brand Parodontax – a toothpaste that helps in reducing bleeding in gums.
GlaxoSmithKline expands oral healthcare portfolio in India
According to industry estimates, oral healthcare market in India is around Rs 8,000 crore, of which toothpaste segment accounts for around Rs 6,000 crore.
GlaxoSmithKline Plc's open offer for GSKCH to start on January 17
The UK-based GlaxoSmithKline Plc's open offer to acquire 31.8 per cent stake in its Indian subsidiary GlaxoSmithKline Consumer Healthcare will begin on January 17 next year.
UK-based healthcare major GlaxoSmithKline to invest Rs 5,220 cr in India subsidiary
GlaxoSmithKline today announced plans to infuse about Rs 5,220 crore in its Indian subsidiary GSKCH by increasing stake to 75% from 43.2% at present.
Why open offer announced by overseas parent of GSK Consumer Healthcare may not be successful
Investors may not want to part with their stake in a fast moving consumer goods business in an emerging market like India.
GlaxoSmithKline Consumer Healthcare to focus on breakfast and snack segments
GlaxoSmithKline Consumer Healthcare (GSKCH) is planning to focus on the breakfast and snack segment as its next growth drivers in India.
GSK Consumer Healthcare: Transfer of pricing pressure is the key
Glaxosmithkline Consumer Healthcare has managed to achieve the growth targets of doubling its revenues and profits over the five-year period starting from 2007.
India Inc hires honchos of rival brands; Sanofi, Glaxo, Pepsi are some of the examples
India Inc, companies are turning to former business heads of competing organisations for advice and handholding.
P&G's royalty rise in India irks investors
A sustained rise in royalty payments by the listed Indian subsidiary of Procter & Gamble to its Cincinnati-based parent has drawn flak from the investing fraternity.
GSKCH Dec qtr net up 58.4 pc to Rs 53.4 pc
FMCG firm GlaxoSmithKline Consumer Healthcare Limited today posted a 58.4 per cent jump in its net profit to Rs 53.37 crore in the quarter ended December 31, 2010 over the same period last fiscal.
FMCG firms on launch spree as demand revives
A new consumer product item hit the market every second day so far this year, signaling a bounce-back in new launches in the FMCG space.
Growing competition drives India Inc to brand makeover
From smarter logos to vibrant colours, sleeker packaging to new names, companies are doing everything to remain relevant in an evolving market where the consumer seeks more bang for his buck.
FMCG cos focus on special products for wider rural penetration
In a bid to penetrate deeper into the rural areas, FMCG giants, including Britannia, GSKCH and Nestle are developing specialised nutrient-enriched products to cater to malnourished population.
Emami keen on Paras Pharma stake; Godrej, GSKCH deny talks
Private equity firms Actis and Sequoia that together hold 70% stake are looking to sell their holding at an estimated price of $700 mn.
India-born execs are a hit in the food & beverages sector globally
Tracing the footsteps of PepsiCo chairman Indra Nooyi, a raft of India-born executives in the food and beverages sector are marching off to global shores to occupy leadership positions.
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