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Nestlé India Board approves proposal of Speciality Foods

Packaged food maker, Nestle India ina recent announcement declared that it will acquire healthcare nutrition business of Speciality Foods limited as a step towards formal entry in the specialised health nutrition space. Following this, the Board of Nestlé India...

Yash Birla Group’s ‘Evolve Medspa’ embarks on expansion plans

With the wellness industry poised to grow to trillion dollars by 2010, Evolve, a JV of The Yash Birla Group and Singapore-based Pacific Healthcare Holding Ltd., is on a massive expansion plan to capitalise on this growing demand for...

GlaxoSmithKline to tap modern retail

With the modern trade route working wonders for its core health food drinks brands, FMCG firm GlaxoSmithKline Consumer Healthcare (GSKCH) now plans to give its over-the-counter (OTC) brands a similar push.For instance, two of GSKCH’s OTC products — Eno...

Dabur India completes Fem Care acquisition

Dabur India Ltd, one of India’s leading FMCG companies, has acquired women’s skin care products major Fem Care Pharma Ltd. With this development, Fem Care has become a subsidiary of Dabur India Ltd. The transaction is approved at a...

Elder Health Care looks at buying 2 Indian brands

Elder Health Care, the FMCG arm of the Rs 560-crore pharma major Elder Group, is evaluating two Indian brands for acquisition. The two potential targets are in the areas of oral care and body care, and will help Elder...

Elder Health Care joins hands with VLCC

Elder Health Care, part of the Rs 5 billion Elder Group, has forayed into the male grooming products category with the launch of deodorant body spray ‘Fuel for Men’. The product has been created in alliance with VLCC Personal...

Surya Pharma to enter retail; to open 500 drug stores

Chandigarh-based Surya Pharmaceutical has planned to open 500 healthcare and pharma retail stores in India in the next three years. As part of the plan, the company will invest around Rs 2.5 billion, according to a company press release.In...

Hindustan Latex enters herbal healthcare segment

Hindustan Latex Ltd, a central public sector unit engaged in manufacturing of contraceptives and other healthcare products, has entered the herbal healthcare products segment in partnership with Kottakkal Arya Vaidya Sala (AVS), a renowned Ayurvedic institution in Kerala, reports...

Dabur enters into health drink segment

FMCG major Dabur India has announced its entry into the malted food drink market with the launch of its new health drink Dabur Chyawan Junior across the country.“Dabur is putting in a concerted effort towards offering the benefit of...

Ministry approves more FDI proposals

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on July 29, 2008, finance minister P Chidambaram has approved 24 proposals of foreign direct investment (FDI) amounting to Rs 753.114 crore approximately.According to the...
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Digital Icon : Rajesh Kadam

Rajesh Kadam, CEO of Inc.5 Shoes, leads with vision in the footwear industry. His strategic approach has driven both...
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