Groupe Danone
Retail
Wal-Mart appoints Danone’s Morten Knudsen as CFO for Asia
Wal- Mart Stores Inc. (WMT) appointed Morten Knudsen chief financial officer for Asia as the world’s largest retailer rebuilds its leadership team in the region. Knudsen will join Wal-Mart from Danone (BN), where he was vice president for corporate...
Progressive Grocer
Lactose Gets Light
Milk, the household staple, continues to assume new forms and formulations to satisfy consumer tastes and quests for health in the U.S. As a commodity, the beverage led producers and consumers on a wild ride last year, as prices...
Retail
Govt clears 23 FDI proposals worth Rs 565 cr
The government has cleared 23 foreign direct investment (FDI) proposals, which will bring Rs 564.80 crore into India, including Dubai-based Damas’ plan for retail trading in jewellery and Danone’s plans to re-enter food products space after quitting Britannia earlier...
Retail
Differentiated brands from Britannia — to enter new foods
More tasty bites from Britannia are on the cards, as the company plans to diversify into other food businesses“The company has increased its cash reserves. We are looking for opportunities in organic and inorganic growth. We need to have...
Retail
Britannia may flash preemptive rights to avoid unwanted partners
With Britannia Industries all set to separate from Groupe Danone, the Wadias are likely to flash ‘preemptive rights clause’ to stop the French giant selling its 25.1 per cent stake to an undesirable partner.The move comes in handy for...
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Latest News
Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks
Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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