Mergers & Acquisitions
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Opportunity India Desk Sep 29, 2017 - 2 min readExpecting good sales for its specialised watches and accessories, US-based Timex Group hopes India to be among its top three markets in the world in the next five years. At present, the country is already among its top five markets with sales of Rs 139.64 crore last fiscal. Colin Arsenault, Chief Financial Officer, ...
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Opportunity India Desk Sep 29, 2017 - 1 min readTata Sons, the promoter of major operating companies of the Tata group, will acquire 2.18 per cent stake in Titan Company at an estimated price of over Rs 680 crore taking its total holding to 19.59 %, as per a PTI report. Tata Sons will acquire 2.18 per cent ...
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Opportunity India Desk Sep 29, 2017 - 1 min readHSIL Limited, the leading bathroom products Company with its brand ‘Hindware’ and second biggest player in Container Glass announced its Q1 results highlighting the company’s intent in growing new business verticals. The brand showed a Capital expenditure of Rs 105 cr and Rs 112 cr approved towards setting up of new plants ...
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Opportunity India Desk Sep 29, 2017 - 2 min readFood & beverage arm of Lulu International Group, Tablez Food Company, signed a franchise agreement with US-based Kahala Brands to open its super-premium ice cream stores in India and Sri Lanka. Kahala Franchising is the franchisor of Cold Stone Creamery -- the US-based ice cream parlor chain --and the agreement outlines plans ...
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Opportunity India Desk Sep 29, 2017 - 1 min readPeople travelling in trains can now enjoy KFC meals on board as the fast food chain has tied up with IRCTC to start a delivery system for passengers as per PTI. Now a person travelling on train can order KFC meal, while booking ticket through IRCTC from July 20 onwards, under e-catering service ...
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Opportunity India Desk Sep 29, 2017 - 2 min readLite Bite Foods announced its association with HMSHost- Part of Autogrill S.p.A., the world’s largest provider of food and beverage services. With this move, Lite Bite Foods aims to acquire the rights to launch and operate outlets at several key Domestic and International Airports across India and Asian countries. ...
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Opportunity India Desk Sep 29, 2017 - 2 min readAntal International, India, a global Executive Recruitment business opened its three franchised offices in India taking their total count to 34 offices across India in 14 cities. These new offices denote Antal International’s commitment to invest in India and to ensure the company has ample room for its planned growth over the next ...
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Opportunity India Desk Sep 29, 2017 - 2 min readOP Jindal group's luxury and lifestyle firm Arttdinox is aiming to grow over three-fold in the next five years with a turnover of around Rs 1,000 crore. The firm will widen its growth by adding new innovative products and designs, and expanding in sales network by 2020. "We would ...
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Opportunity India Desk Sep 29, 2017 - 2 min readAptech Ltd, a global education company has announced its partnership with Flipkart to provide skill-building programmes to train the sellers in upgrading their proficiency that will allow them to excel in the e-retail business. Owing to its reach and training facilities, Aptech plans to train sellers in areas such as the functioning of ...
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Opportunity India Desk Sep 29, 2017 - 1 min readGodrej Appliances hopes to open 100 exclusive brand outlets in the next two years. The company is currently present in 25,000 outlets across India with over 6,000 outlets in East alone. "We plan to increase our footprint by 15 per cent in this fiscal. In two years, we should open 100 exclusive brand outlets ...