A Landmark Deal in India’s FMCG Sector Singapore’s sovereign investment firm, Temasek, has finalized a deal to acquire nearly a 10% stake in Haldiram’s snacks division for approximately $1 billion. This move marks a significant foreign investment in India’s fast-growing consumer sector, particularly in the thriving savory snacks segment. The deal, following months of negotiations, underscores increasing global investor interest in India’s food and beverage industry. It also highlights Haldiram’s strong market position, making it an attractive investment for international firms looking to tap into India’s expanding FMCG market. Temasek…
Tag: FMCG
DS Group Pioneers Environmental Innovation with India’s First Outdoor Liquid Tree
A Vision for Sustainable Urban Spaces The rapid urbanization of modern cities has brought challenges such as air pollution and climate change to the forefront. Addressing these issues requires innovative solutions that combine science, technology, and environmental consciousness. In a groundbreaking move, the Dharampal Satyapal Group (DS Group), a leading FMCG conglomerate, has partnered with the climate-tech startup Liquid Trees to unveil India’s first outdoor Liquid Tree. This installation not only symbolizes technological and ecological innovation but also sets a benchmark for urban sustainability. The Concept of Liquid Trees: Harnessing…
Ratan Tata’s Masterstroke: Turning Bill Ford’s Insult into Triumph with Jaguar-Land Rover Acquisition
Veteran industrialist Ratan Tata’s meeting with Ford chairman Bill Ford in the USA in 1999 turned out to be a significant juncture in his career as he, nine years later, acquired Jaguar Land Rover. Ratan Tata (Ratan Naval Tata), the former Tata Group chairman and iconic industrialist died at south Mumbai’s Breach Candy Hospital at 11.30 pm on Wednesday. He was 86. The Padma Vibhushan recipient has been in intensive care at the hospital since Monday. He will be remembered for his contribution to the industry. He revolutionalised several sector…