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Britannia Industries

FMCG sales to go up to $25 bn by 2008-end: Assocham

Sale of fast moving consumer goods (FMCG) remains unaffected by the current slowdown and is rather anticipated to register a growth of 25% and touch USD 25 billion by end of calendar 2008 as against USD 20 billion in...

Aloke Banerjee to head Rosebys in India

Rosebys, UK-based textiles and home furnishings retail chain, which is owned by Sanjay Dalmia-led GHCL, has appointed Aloke Banerjee as its CEO for India operations.While confirming the development to Indiaretailing, Banerjee said that Rosebys will open its first shop...

Vision 2015 of food processing ministry

With an eye to boost the food processing sector, the ministry of food processing industries outlined Vision 2015 with the aim of trebling the size of processed food sector, increase the level of processing of perishables, and encourage retail.As...

Differentiated brands from Britannia — to enter new foods

More tasty bites from Britannia are on the cards, as the company plans to diversify into other food businesses“The company has increased its cash reserves. We are looking for opportunities in organic and inorganic growth. We need to have...

Danone eyeing dairy market — in talks with Dynamix

To tap into the potential in the dairy business in the country, French foods giant Groupe Danone is in talks with Dynamix Dairy Industries (DDIL), say industry sources.US-based Schreiber Foods Inc. has 51 per cent stake in Dynamix. Schreiber...

Britannia may flash preemptive rights to avoid unwanted partners

With Britannia Industries all set to separate from Groupe Danone, the Wadias are likely to flash ‘preemptive rights clause’ to stop the French giant selling its 25.1 per cent stake to an undesirable partner.The move comes in handy for...

And the fight goes on

Danone has declared that it would return the Tiger brand back to Britannia Industries. But the issue of Intellectual property rights is still a bone of contention between both the parties. Though, Danone agreed to give back the Tiger...

Danone and Wadia to part ways amicably

The Wadia family and Danone, France-based dairy product giant, partners in Britannia Industries, will soon part their ways cordially. This will terminate the joint venture between the two companies in Britannia Industries and Wadia BSN.Industry insiders say that the...

Nabisco trying to enter India again

Nabisco, the former promoter of Britannia Industries and now a part of the $34-billion Kraft Foods, US, is said to be looking to re-entry the growing Indian market.Nabisco had moved towards a strategic alliance on distribution with one of...

Government to examine complaint by Wadia Group

Wadia-Danone row is in the government’s court now. Sources have said that Government will examine the complaint by the Wadia group against its French joint venture partner in Britannia Industries Ltd Groupe Danone. This news has also been confirmed...
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Latest News

Honasa board approves amalgamation of Fusion Cosmeceutics, Just4Kids with it

Fusion Cosmeceutic's standalone revenue was Rs 76.61 crore and Just4Kids had revenue of Rs 4.05 crore on December 31,...
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