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Everstone
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Everstone Group Acquires Stake in Ingredient Supplier OmniActive
Jan 5, 2017The Everstone Group has acquired an undisclosed stake in Mumbai-based OmniActive Health Technologies for $35m. The acquisition is aimed at accelerating Everstone's growth in the fast-expanding nutraceuticals space. OmniActive is a major ...
Tags: Everstone, OmniActive
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Everstone Completes Acquisition of Modern Foods
Apr 6, 2016India-based private equity firm Everstone Group has completed the acquisition of Modern Foods, a bakery business of the Hindustan Unilever Limited (HUL). Following the acquisition, Everstone aims to triple the brand's revenue to Rs 10bn ...
Tags: Everstone, Modern Foods, Acquisition, Bakery business, HUL
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Venture Capital Firm Sequoia Invests in Indian Craft Beer Brand Bira 91
Feb 6, 2016Venture capital (VC) firm Sequoia Capital has invested in a craft beer brand Bira 91, which aims to capture the growing demand for craft beer in the urban market of India. Venture capital (VC) firm Sequoia Capital has invested in a ...
Tags: Craft Beer, urban market
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Hindustan Unilever to Sell Modern Bread and Bakery Unit to Everstone Group
Sep 10, 2015Hindustan Unilever Limited (HUL) has entered into an agreement for the sale and transfer of its bread and bakery unit, which functions under the name of Modern to Nimman Foods for an undisclosed amount. Nimman Foods is an investee company ...
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Burger King Opens Its First Burger King Restaurant in New Delhi in India
Nov 25, 2014Burger King opens beef-free restaurant in India Global fast food giant Burger King Worldwide, Inc. (Burger King) has opened its first Burger King restaurant in New Delhi in India. The opening marks not only its debut in India, but also ...
Tags: beef-free restaurant, Agriculture
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The Indian Ethnic Wear Brand Having a Turnover of Over RS. 400 Million
Feb 27, 2013Seven East, the Indian ethnic wear brand having a turnover of over Rs. 400 million, intends to become a Rs. 1 billion company by March 2015, promoter of the firm, Mr. Sanjay Bindra has said. Targeting high-end customers, the brand ...
Tags: Seven East, ethnic wear brand, 2015
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The Luxury Market in India Is Pegged to Grow at 25% in 2013 Till 2015
Feb 17, 2013Irrespective of the continued global economic slowdown, the luxury market in India is pegged to grow at 25% in 2013 till 2015 and likely to touch US$ 15 billion from the current level of US$ 8 billion, reveals the ASSOCHAM-Yes Bank study. ...
Tags: Luxury Market, India, 2015
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Aditya Birla Group Company Hindalco Will Receive USD 100 Million in Financing
Dec 20, 2012BS reported that Aditya Birla Group Company Hindalco will receive USD 100 million in financing from Export Development Canada or EDC, the country's export credit agency for its Mahan Aluminium Project in Madhya Pradesh. The agreement, ...
Tags: Aditya Birla Group Company Hindalco, export credit agency
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Aditya Birla Group Company Hindalco Will Receive USD 100 Million in Financing
Dec 12, 2012BS reported that Aditya Birla Group company Hindalco will receive USD 100 million in financing from Export Development Canada or EDC, the country’s export credit agency for its Mahan Aluminium Project in Madhya Pradesh. The ...
