KamaSutra energy drink launched by Raymond
Raymond’s FMGC brand KamaSutra launched its energy drink on December 6, 2012. With the launch if the new drink the company has stepped into the Rs. 200 crore energy drink market. Gautam Singhania, the MD of Raymonds said that the…
Esprit to shut operations in India by year-end
Popular retail giant Esprit is all set to wind up its operations in India by the end of 2012. The company entered the Indian market in the year 2005 through a distribution deal with Madura Fashion and retail, an Aditya…
Cadbury develops new chocolates that do not melt at high heat
Chocolate manufacturing giant Cadbury has come with new ‘temperature tolerant chocolates’ which do not even melt even at 40 degree Celsius. The new range of chocolates will soon be available in hot-weather countries like India. While talking about the new…
PepsiCo gets IPL sponsorship for next five years
American based food and beverage company PepsiCo has become the new title sponsor of the Indian Premiere League for the next five years. The company has agreed to pay Rs. 396.8 crores for the deal with BCCI which controls the…
Raymond to launch beer shampoo for Indian market
Men’s apparel and grooming giant Raymond said that it will soon launch a beer shampoo for men. The company said that its new product can work wonders with hair. The clothing giant will be rolling out the new shampoo under…
Nestle inaugurates first R&D centre in India
Food company Nestle India opened its first research and development centre on November 8, 2012 in India. The new research and development centre has been opened so as to further understand its Indian consumers and to provide scientific and technological expertise…
Dunkin Donuts to introduce sweets with an Indian twist
The festive season is fast approaching and all popular Indian sweet makers like Bikanerwala and Haldirams now have to face a new competitor. Dunkin Donuts is now in India and is the world’s largest Doughnut chain, the company entered the…
Airports Authority of India interested in airports run by Reliance Infrastructure
The Airports Authority of India has shown interest in running five non-metro airports which are being managed by a wholly-owned subsidiary of Reliance Infrastructure, in the state of Maharashtra. A senior official from the AAI said that the recent move by the…
Volkswagen enters used car business with Das WeltAuto
Luxury car manufacturer Volkswagen said on November 6, 2012, that it has forayed into a multi-brand pre-owned car business, under the Das WeltAuto brand. Volkswagen expects the new venture to contribute 25 percent to the company’s total sales. In India, Mahindra…
Kingfisher Airlines asked to vacate international business lounge at T3
Troubled Kingfisher Airlines has been asked to vacate its huge business lounge in the international side of terminal 3 or T3 by the GMR run Delhi Airport. The latest move has come after the Airports Authority of India asked the…