La Opala RG Limited, India’s pioneering opalware and crystalware manufacturer, unveiled its financial results for the second quarter (Q2) and first half (H1) of the financial year ending 30 September 2024. While revenues showed notable growth compared to the previous quarter, a dip in profitability raised questions regarding the ongoing impact of market adjustments and […]
Brambles Limited, a leader in supply-chain logistics and pooling solutions, has entered into an agreement to sell its CHEP India business to LEAP India Private Limited for approximately INR 7,150 million (USD 85 million). This strategic sale marks Brambles’ exit from the Indian market and aligns with its disciplined capital allocation strategy. The transaction, which […]
Fairfax India Holdings Corporation (TSX: FIH.U) has announced a significant move in its investment strategy by entering into an agreement through its wholly-owned subsidiary to invest INR 6,955 million (approximately $83 million USD) for a 65% stake in Global Aluminium Private Limited (“Global Aluminium”). The transaction, pending customary closing conditions, is expected to finalize in […]
Emami Ltd, a major player in India’s fast-moving consumer goods (FMCG) sector, has reached a significant milestone by agreeing to acquire a 100% stake in Helios Lifestyle Pvt Ltd, the owner of the premium men’s grooming brand, ‘The Man Company’. This acquisition involves Emami purchasing the remaining 49.60% of Helios’ equity, adding to its existing […]
GRM Overseas Limited, a well-known player in India’s fast-moving consumer goods (FMCG) market, has officially unveiled its latest strategic initiative, 10X Ventures. This new platform is designed to significantly accelerate the company’s growth by focusing on investments in digital-first, new-age direct-to-consumer (D2C) brands, lifestyle brands, smaller portfolio brands, and incubator opportunities. The launch of 10X […]