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Detergent major Nirma raises Rs 4,000 crore debt to fund Lafarge deal

Detergent major Nirma, which in July had agreed to buy the cement business of the French major Lafarge India, today raised Rs 4,000 crore debt to fund the deal, making it the largest rupee bond sale for a leveraged...

Amazon is India's most trusted e-com brand: Survey

World's largest e-retailer Amazon is India's most trusted online shopping brand followed homegrown Snapdeal and Flipkart, a survey conducted by Trust Research Advisory has concluded. Other firms that figure in the top 10 trusted online shopping brands are Ebay, Myntra,...

Major detergent brands fall short of BIS standards: Report

Fourteen popular brands of detergent powders in the retail market failed to meet the grade 1 requirement on cleaning efficiency laid down by the Bureau of Indian Standards (BIS), according to a recent report by the Union Ministry of...

Wipro buys Unza for $246 million

Wipro Ltd, India’s third-largest software services exporter, has bought Singapore-based FMCG company Unza Holdings Ltd for about $246 million in an all-cash transaction.New York-listed Wipro expects to complete the 100 per cent acquisition by end-July, it said in a...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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