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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.
Tata Consumer Products is in the race to acquire Bisleri. Will the expensive acquisition work?
On 24 November, Ramesh Chauhan, chairman of Bisleri International, told ET Now that he is finalizing a deal with the Tata group to sell the company. The same day, he told CNBC TV18 that the deal wasn’t done yet and talks were on. Subsequently, he said that he wasn’t going to divest the company entirely and may retain at least a 10% stake. The Tatas, in contrast, didn’t give much away, saying they are in talks with Chauhan and several others for an acquisition.
A deal may be some distance away, but the Tata group’s interest in India’s leading packaged …
Government subsidies have drawn companies into basic chip packaging, where China and Malaysia already hold an edge. Moving up the value chain may prove to be a stiff task.
Vish Narain of Pulsar Capital on spotting real synergies between India and the Gulf, and why many entrepreneurs read the market wrong.
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.
