With Indian consumers becoming more health conscious, food manufacturers are offering portion control to keep calorie counts low. PepsiCo India has launched 150ml cans - the smallest in the domestic market. Coca-Cola offers 180ml cans across its beverages portfolio in addition to its 300ml cans."For consumers, it means the flexibility...
CX Partners To Buy $100 Million Stake in India’s Cremica
CX Partners, an investor group, is set to acquire a 48% stake in India based Mrs. Bector's Food Specialties, Ltd., also known by its brand name Cremica, for $100 million. The consortium, which includes some international limited partners, will buy out the shares held by Motilal Oswal Private Equity Advisors...
India wins World Cup Cricket after 28 years; Economic Bonanza follows
For the first time since the Indian economy liberalized in 1991, India won the World Cup in cricket, the game that is India's passion. By beating Sri Lanka in a thrilling finish at Mumbai's Wankhede Stadium, India won the trophy in a moment of joy for the entire country on...