Tata Consumer may acquire Danone India nutrition business
India’s food-consumer landscape may see a major shake-up as Tata Consumer Products (TCPL) — already present in staples, beverages and packaged-foods — is reportedly in advanced talks to acquire Danone India’s specialised-nutrition and nutraceutical portfolio. If the acquisition completes, TCPL will gain access to Danone India’s established nutrition brands (targeting infant-nutrition, adult protein and wellness…
HUL constitutes committee to evaluate ice cream business
Fast-moving Consumer Goods (FMCG) giant Hindustan Unilever Ltd (HUL) has constituted a committee, comprising its independent directors, to evaluate its ice cream business. The committee will evaluate the prospects of HUL’s ice cream business and will make recommendations to the board. “This follows the announcement, earlier this year, by the Company’s parent entity, Unilever PLC, about its…
Innoterra Appoints Avinash Kasinathan as Head of India Business
We are delighted to announce that Avinash Kasinathan has joined Innoterra as the Head of India business, effective immediately. Avinash brings with him rich experience in strategy, technology, and the agriculture sector. Avinash Kasinathan, Managing Director, Head of India Business, Innoterra Avinash started his career as a consultant at McKinsey. Prior to joining Innoterra, he…