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Henkel India Ltd

Budget 2017: FMCG players expect the Govt to enhance rural spending, rip taxes

Government's move to enhance rural spending through welfare schemes like MGNREGA and reduction in tax rate on basic income slab would help drive demand for products, say leading FMCG firms. PTI quoted Managing Director, Godrej Consumer Products Ltd (GCPL), Vivek...

Jyothy Labs to buy 20 percent more in Henkel India

FMCG firm Jyothy Laboratories Ltd has offered to acquire up to 20 percent more stake in Henkel India in an open offer valued at around Rs 96 crore.The open offer, to acquire up to 2.32 crore shares at Rs...

Jyothy Labs set to acquire 50.97 percent stake in Henkel India

The board of directors of Jyothy Laboratories Ltd (JLL) has approved the buy-out of 50.97 percent stake in Henkel India Ltd (HIL) from Henkel AG & Co. JLL had in March acquired 14.9 percent stake in HIL from the...

Henkel to scoop out haircare biz from India arm

German consumer goods firm Henkel’s Indian arm has received its shareholders’ nod to sell its fastest-growing business unit in India – the haircare products business housed under the Schwarzkopf Professional Division. The division is to be sold to Henkel...

Henkel India to sell Schwarzkopf Professional brand

Henkel India Ltd has proposed to sell its professional haircare and hairstyling brand, Schwarzkopf Professional.According to the notice of postal ballot sent out to its shareholders, the company says in the current competitive business environment, it has become imperative...
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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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