Latest News<br />
Marico interested in acquiring Paras Pharma: Official<br />Personal care products maker Marico Ltd is also interested in p...
Lotto to expand retail reach in India<br />Italian sportswear brand Lotto is working on strengthening its presence in Indi...
Buyouts for Wipro Consumer to be product-centric, not region<br />IT major Wipro's FMCG arm Wipro Consumer Care and Lighti...
Panasonic India to relaunch Sanyo brand<br />Panasonic India is all set to relaunch Japanese consumer durable brand Sanyo ...
BSE may take reins at CAMS for Rs650cr <br /><ul><li>The Bombay Stock Exchange plans to buy a   controlling stake in inves...
Upcoming SlideShare
Loading in …5
×

Latest news1

296 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
296
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
4
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Latest news1

  1. 1. Latest News<br />
  2. 2. Marico interested in acquiring Paras Pharma: Official<br />Personal care products maker Marico Ltd is also interested in picking up a controlling stake in Ahmedabad-based unlisted firm Paras Pharmaceuticals Ltd.<br />Earlier personal care products firm Emami Ltd told it was in talks to acquire a controlling stake in ParasPharma.<br />This year, Marico had made three global acquisitions<br />
  3. 3. Lotto to expand retail reach in India<br />Italian sportswear brand Lotto is working on strengthening its presence in India by expanding retail reach and driving volume growth. <br />In Asia, India currently comes at number three after Japan and China in terms of turnover contribution to Lotto's global sales. <br />Today Lotto has about 45 exclusive stores, which are likely to go up to 200 in the next three years. <br />
  4. 4. Buyouts for Wipro Consumer to be product-centric, not region<br />IT major Wipro's FMCG arm Wipro Consumer Care and Lighting (WCCL) plans to focus on getting into more categories rather than entering new geographies as a part of its growth strategy.<br />The company is open for further acquisitions but only if the product suits and fits into Wipro's portfolio.<br />Wipro has been aggressive on inorganic growth.<br />
  5. 5. Panasonic India to relaunch Sanyo brand<br />Panasonic India is all set to relaunch Japanese consumer durable brand Sanyo in the country by April next year.<br />Panasonic plans to project Sanyo as a mass market brand in the country. It had bought the Sanyo brand for $9 billion.<br />The consumer durable segment accounts for 65 percent of Panasonic's turnover in India.<br />
  6. 6. BSE may take reins at CAMS for Rs650cr <br /><ul><li>The Bombay Stock Exchange plans to buy a controlling stake in investor services company Computer Age Management Services for Rs 650cr.
  7. 7. BSE has a net worth of about Rs 1900cr.
  8. 8. CAMS has more than half the market share in servicing mutual funds clients.</li>

×