India

Unilever Emerges As Leading Bidder For GSK's Indian Horlicks Business: Sources

Unilever PLC has emerged as the leading bidder in a tight contest for GlaxoSmithKline PLC's Indian Horlicks nutrition business, two people familiar with th...

Mondelēz International Inaugurates New Global Technical Centre In India

Mondelēz International has inaugurated its new global technical centre in Thane in India to support the development of new products and technologies for th...

Kraft Heinz To Sell Part Of Indian Business For About $630m

The Kraft Heinz Co. plans to sell part of its Indian business, including brands such as malt-based drink Complan and energy drink Glucon-D, for 45.95 billi...

Shares In India's United Breweries Slide Following Antitrust Raids

Shares in India's United Breweries Ltd fell as much as 3% on Friday, a day after a report said the brewer and two global rivals had been raided in India as...

World Sugar Market Could Swing To Deficit In 2019/20 As Brazil, EU Curb Output: Broker

The world sugar market could see a shortfall in 2019/20 after two years of over-supply as Brazil and the European Union cut production, but strong Indian o...

German Industry Body Criticises Indian Sugar Export Subsidies

The Indian government’s new programme to subsidise sugar exports will cause more falls in sugar prices and should be opposed by the European Union, G...

India's Flipkart May Appoint New Group CEO - Reports

Walmart Inc's Flipkart unit is considering naming a new chief executive officer at group level in place of Binny Bansal, the Mint daily reported on Monday,...

Indian Regulator Clears Walmart's $16bn Acquisition Of Flipkart

India's antitrust regulators have approved U.S. retail giant Walmart Inc's $16 billion acquisition of Indian ecommerce firm Flipkart, beefing up the compet...