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Harsh Mariwala

Businesses that add value will continue to attract investor interest: Industry veteran Mariwala

'Me-too businesses' in the retail space will ‘fail’ in the current market scenario, while others that add value will continue to attract investor interest, industry veteran Harsh Mariwala has said. Mariwala, chairman of fast-moving consumer goods (FMCG) company Marico,...

Top 12 Retail and Consumer Products Billionaires in India 2017

American business magazine Forbes released its annual list featuring richest people in the world on March 20, 2017. It was a record year for the richest people on earth, as the number of billionaires jumped 13 per cent to 2,043...

Marico appoints Ananth Narayanan to its Board of Directors

Marico Limited has appointed Ananth Narayanan to its Board of Directors. Narayanan joins the board as an Additional (Independent) Director. His appointment as Independent Director for a term of five years is subject to the approval of the shareholders...

Patanjali's Acharya Balakrishna enters India's rich club with Rs 25,600 crore

After giving major FMCG, and consumer goods companies - like HUL, Dabur, Colgate Palmolive et al - a run for their money with its 'Ayurveda-based' products, Patanjali Ayurved's CEO, Acharya Balakrishna is now surpassing retail biggies in terms of the wealth he has. Balakrishna, the...

Marico Kaya Enterprises List on the NSE and BSE

Kaya is increasingly being looked at as a skin care brand with promise to create value in the skin care business. Marico Kaya Enterprises Limited (MaKE), is now a listed company on the NSE and BSE. MaKE Ltd, a...

Marico plans to grow overseas business through acquisitions

Mumbai-based FMCG, Marico Ltd has plans to increase its overseas business by almost 40 percent, that is, to Rs 1,000 crore over the next one-and-half years. The company is looking at acquisitions in Asia and Africa to expand its...

Marico continues its acquisition spree

FMCG player, Marico, is looking at buying out more companies and brands in the Asian and African regions as part of its expansion plan. The firm, which sells hair oil brands like 'Parachute' is planning to introduce products from...

Wellness to grow rapidly, say FICCI- FROST & SULLIVAN

In what maybe regarded as an extremely positive outlook, FICCI (Federation of Indian Chambers of Commerce & Industry) Wellness Forum and Business Research & Consulting firm, Frost & Sullivan have released the Wellness Report pegging the industry growth rate...

Marico to open Kaya clinics in Saudi Arabia, Middle East

FMCG major, Marico, plans to launch its beauty and wellness chain, Kaya in the Middle—East by opening 4—5 clinics in the region in FY 11. “We are planning to open 4—5 Kaya clinics in Saudi Arabia and the Middle—East...

Kaya Skin Clinic hits century

Kaya Skin Clinic, renowned skin care clinic chain in India, announced the launch of its 100th clinic in Guwahati in north-east India. The size of the store is 1,400 square feet. With a CAGR of over 50 per cent...
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Retail boom in sacred cities driven by a surge in spiritual tourism

Growing tourism is attracting retail brands to establish a footprint in these potential market  New Delhi: Retail chains are capitalising...
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