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Trax Announces Partnership with Retail-Scan to Deliver India’s First Image Recognition Solution for FMCGs

Trax image recognition, one of the leading providers of in-store shelf monitoring, reporting and analysis, announced a key partnership with Indian retail audit company, Retail-Scan.The partnership will see Retail-Scan expand its existing reporting and consulting service to offer Trax’s...

Jyothy Labs bought 14.9% in Henkel India

In Thursday's trading, Jyothy Laboratories stock plunged 11.5 per cent stake in detergents and household products maker Henkel India. Price of the this transaction appears to be quite reasonable, though investor worries centre around whether Jyothy Labs will...

Will Unilever sell Sanex?

Unilever has plans of selling off its Sanex deodorant business for as much as $1bn. In the queue to buy the brand are competitors Procter & Gamble, Henkel and Colgate-Palmolive and the deal may close in a matter of...

Henkel India to merge Schwarzkopf Professional with its subsidiary

The Indian counterpart of German global giant, Henkel which is involved in Laundry & Home Care, Cosmetics/Toiletries and Adhesive Technologies, Henkel India, has decided to merge Schwarzkopf Professional with one of its existing subsidiaries. Henkel India retails Schwarzkoph Professional...

Godrej to introduce new hair color products

Godrej Consumer Products (GCPL) is planning to introduce new hair color products by mid-2009. With a substantial market share of 35 per cent, GCPL has been facing increased competition from international cosmetic brands such as L’Oréal, Revlon and Schwarzkopf,...

Henkel re-launches Pril

Henkel India has re-launched its flagship dishwash brand Pril, a key player in the utensil cleaner category. Pril Liquid has been re-launched as Pril Perfect with a new triple-action formulation, according to a company press release. The all new...

Henkel ranked top in Germany; 2nd in Fortune’s list

Germany-based leading home and personal care products manufacturer Henkel has topped the list among the most admired company in Germany. Further, the company stood second in Fortune’s global list in soaps and cosmetics category, according to a company press...

Henkel India to get a new MD

FMCG company Henkel India’s MD A Satish Kumar is stepping down. He will be replaced by Jayant Singh, who is moving from GlaxoSmithKline Consumer Healthcare (GSKCH), Colombo, reports The Economic Times.However, the report said that Kumar will continue to...
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RBI permits UPI transactions via prepaid payment instruments using third-party apps

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...
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