Archive for the 'FMCG' Category

ONGC MOL Hungary Oil venture

ONGC, the country’s largest state-owned oil company, and Hungarian oil major MOL are production opportunities in third countries.“We are exploring the option to expand ONGC’s relationship with MOL for pursuing overseas opportunities,” an ONGC official involved in talks with MOL told ET. If talks fructify, the two companies could consider joint bids for a few [...]

Reliance Life Milk – diary products

Reliance diary will start selling Milk branded as Life in non reliance retail shops .
Nestle , amul will be facing a big competition now .
Reliance Dairy Foods, a subsidiary of Reliance Retail, is muscling into the country’s branded milk product market with a new brand that will take on established players such as Amul, Mother [...]

Cadbury India soon to re kraft

Cadbury India will soon see it as kraft as kraft has taken control if cadbury worldwide

Godrej Consumer completes acquisition of Kinky

Kinky, one of the leaders in the South African hair business, is a 36 year old business set up by a family of entrepreneurs in South Africa
Godrej Consumer Products Ltd. (GCPL) has completed the acquisition of 100% stake in the Kinky Group (Proprietary) Ltd, South Africa (Kinky). The purchase price paid for the acquisition is [...]

JYOTHY LABS IPO Analysis : Subscribe to Jyothy Labs IPO

JYOTHY LABS IPO Analysis : Subscribe to Jyothy Labs IPO
The NPM has increased from 8.4% in FY05 to 14.2% in FY07.
The ratio of operating expense to gross sales has decreased from 0.89 in FY04 to 0.71 in FY07.
Jothy Labs  has been  valued at 20 times the Issue Price compared to 30 times the peers are [...]

Jyothy Labs IPO : Jyothy Labs IPO opens on November 22

Jyothy Labs IPO : Jyothy Labs IPO opens on November 22
Jyothy Laboratories IPO – Jyothy Labs IPO has  been set a price band of Rs 620-690 
Jyothy Laboratories, the maker of household care and fabric care products including Ujala, has set a price band of Rs 620-690 for its initial public offering (IPO) of 44.3 lakh [...]