Mergers & Acquisitions
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Opportunity India Desk Sep 29, 2017 - 2 min readGujarat-based Manpasand Beverages has entered into a retail tie-up with ice cream and food retailing major Havmor Ice Cream to expand its reach in urban areas. This tie up covers 164 outlets of Havmor in Gujarat, 28 outlets in Mumbai and 17 in Punjab. Manpasand's flagship mango-based brand 'Mango Sip' and ...
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Opportunity India Desk Sep 29, 2017 - 1 min readIn a new move, US burger chain Carl's Jr has decided to serve Kingfisher beer at its stores in India starting with New Delhi as it collaborated with United Breweries. "The decision to offer beer is the outcome of a key insight in the quick service restaurant market in India. There are hardly any ...
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Opportunity India Desk Sep 29, 2017 - 1 min readEstablished in 1981, NIIT Limited, a leading provider of managed training services has been awarded a multi-year contract to provide managed training services to Citi in the Europe, Middle East and Africa region. Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries ...
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Opportunity India Desk Sep 29, 2017 - 1 min readMahindra First Choice Wheels Ltd (MFCWL), a multi-brand certified used car company, acquired the business assets of Autorisk Management Services for an undisclosed sum as per PTI. MFCWL has over 600 multi-brand used car franchise outlets. With the acquisition of Autorisk Management Services, a leading player in the pre-insurance inspection ...
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Opportunity India Desk Sep 29, 2017 - 1 min readPuresight Systems has been appointed as the exclusive distributor of iRobot Corp. in India. Through this partnership, Puresight will bring iRobot’s robotic floor cleaners - the Roomba vacuum cleaning robot and the Braava floor mopping robot – to the Indian market, giving people the power to change the way they clean. Founded in ...
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Opportunity India Desk Sep 29, 2017 - 2 min readYoga guru, Baba Ramdev's Patanjali Group has collaborated with Kishore Biyani-led retail major Future Group to sell its products through its outlets. Offering products in various categories such as medicine, food items and cosmetics, the company will get exclusive right to sell products in Future outlets like Nilgiris, Food Bazaar, Food Hall and Big ...
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Opportunity India Desk Sep 29, 2017 - 1 min readJewellery firm Tribhovandas Bhimji Zaveri (TBZ) has entered into an agreement with e-commerce firm Snapdeal to sell its diamond jewellery and gold coins through the latter's online platform. The company has 21 stores across the country as per PTI. Diamond jewellery range of rings, earrings, pendants, bracelets and gold ...
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Opportunity India Desk Sep 29, 2017 - 1 min readGerman luxury car maker Mercedes- Benz today reported 34% increase in sales in India during the January-September period at 10,079 units. "By selling 10,079 units, Mercedes-Benz sold almost the entire volume of 2014 in the first nine months of 2015," Mercedes-Benz India said in a statement. Newly appointed Managing Director ...
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Opportunity India Desk Sep 29, 2017 - 2 min readBacked by huge discounts and the rising use of smartphones, the Indian e-commerce market is poised to grow 36% during 2015-20, a new report has said. According to a recent report from Canada based TechSci Research, expanding smartphone user base, huge discounts and offers, increasing per capita disposable income ...
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Opportunity India Desk Sep 29, 2017 - 2 min readMexican multiplex chain Cinepolis is planning to add 35 screens to its chain in India by the year-end and also scouting for acquisitions to achieve its 400-screen target by the end of 2017. "This year we have opened 13 screens already. We have 206 screens as of now. We still ...