Warren Buffett’s successor is kicking off his tenure by taking a step to unravel one of the Wall Street legend’s rare investment missteps. Berkshire Hathaway signaled it could soon offload its position in Kraft Heinz in a new regulatory filing on Wednesday, which could allow the conglomerate to sell its entire stake in the food … Read more
Billionaire Mukesh Ambani-led Reliance Industries’ FMCG arm, Reliance Consumer, has acquired global rights of international brands such as Brylcreem, Toni & Guy, and Badedas, the company informed on Friday, along with its financial results for the quarter ended on 31 December 2026. Additionally, it acquired global rights of Matey, a UK-based specialist brand focused on … Read more
Philipp Navratil has had a tough start to 2026. Only months after taking charge of Nestlé SA, the Swiss foodmaker’s chief executive officer is battling a deepening infant formula contamination crisis that has spread from a handful of countries in Europe to more than 50 worldwide in less than a week. Scores of products across … Read more
Founded in 1993 and run by the second generation of the Singh family, Tynor has a product portfolio of more than 150 items, including body braces, supports, fracture and walking aids, traction kits, advanced knee braces, finger splints, silicone and foot care products, and cervical aids. Source link
Key Highlights of the Proposed Transaction: Merger of Sapphire Foods India Limited (SFIL) with and into Devyani International Limited (DIL) through a share-swap mechanism. Swap Ratio: 177 equity shares of DIL to be issued for every 100 equity share of SFIL. This is similar to their current respective valuations and there is no real arbitrage … Read more
As per the moneycontrol reports, Vipin Kapooria, Chief Financial Officer of Blinkit has resigned and is expected to return to his former employer, Flipkart. He had joined Blinkit just about a year back in September 2024. He had joined from Flipkart where he had previously spent more than 7 years In general I am always … Read more
Early last year, Tatas claiming Starbucks a success in India targeted to open 1000 stores by 2028 (390 then). As per the Nov 2025 PPT, Starbucks currently has 492 stores in India. So about 100 stores in 2 years since the announcement. If target is to be met, 500 stores to be opened in the … Read more
As per newspapers reports, Bajaj Electricals (BEL) is reviewing the Nirlep business to decide the future course. The 56-year-old brand was acquired by BEL in 2018 for about Rs 80 cr. The business was merged with BEL in March 2024. Reason for review is poor performance given steep competition from the well established brands. Review … Read more
iD Fresh, which makes ready-to-cook packaged food items, is in talks to sell about 30% stake in the company for around ₹1,200 crore to global private equity funds, including Permira, Apax, L Catterton and Carlyle, according to four people familiar with the matter. “The PE firms are bidding for about 30% stake ( ₹1,200 crore) … Read more