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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Declining profitability in edible oils and uncertainty about a promoter stake sale have turned into a perpetual problem for Adani Wilmar.
Gautam Adani’s edible oils joint venture is stuck between a rock and a hard place.
Adani Wilmar’s financials have been struggling as the Ahmedabad-based company’s mainstay edible oils business—India’s largest—is going through a downturn. At the same time, there are mixed signals on what Adani wants to do with this business.
Over the past six months, there have been conflicting reports about Adani’s intention to exit the joint venture with Singapore’s Wilmar International. In December, the Adani group’s chief financial officer, Jugeshinder Singh, said the conglomerate was studying whether to keep or divest its 44% stake in Adani Wilmar. The …
Colgate ties up with 100Days.co to scale Palmolive online. But the long overlooked brand may need more than a digital push.
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
The FMCG major acquired the maker of Ching’s Secret to make the most of its high margins, but things didn’t go to plan. Two years and a few lessons later, TCPL is trying to change that.
