FMCG Newsletter - December 01 to 05, 2014

The government is unlikely to ban sale of loose cigarettes in near-term, says media reports.

Dec 05, 2014 11:12 IST India Infoline News Service

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Govt unlikely to ban sale of loose cigarettes: Reports
The government is unlikely to ban sale of loose cigarettes in near-term,  says media reports. Report stated that Health Ministry proposal to ban sale of loose cigarettes is likely to be put on hold following objections by some MPs, including some Union ministers, and farmers associations against taking drastic regulatory steps. At a meeting called by Union Minister Venkaiah Naidu, Health Minister J P Nadda assured the MPs that he will look into all issues pertaining to tobacco and arecanut growers and industry before taking any policy decision, says report.
 
Domestic News
 
Balaji Wafers now plans to enter capital market: Report
Balaji is planning to enter the capital market next year by offloading about 10% stake and raise about Rs 400 crore, says report. According to the report, Balaji also plans to enter into French fries and other frozen potato specialty products.  It has  strong backend supply of potatoes will manufacture french fries near Ahmedabad. The company also said it  will enter this space through Iscon Balaji Foods, which currently manufactures ready-to-cook potato flakes.
 
Acrysil acquires 74% stake in Homestyle Products Limited
Acrysil Limited, one of the leading quartz and stainless steel kitchen sink manufacturing and trading companies, has acquired 74% stake in U.K. based kitchen sink distribution company, Homestyle Products Ltd., for Rs.20.50 crores.  The acquisition has been made by Acrysil UK Ltd., Acrysil's wholly owned subsidiary in the U.K. Homestyle Products Ltd. is in business of importing and marketing kitchen sinks principally in the U.K. market....Read More

P&G Shiksha School inaugurated in Pune
Having built and supported over 330 schools till date that will impact the lives  of over 6,00,000 children, P&G's flagship Corporate Social Responsibility program P&G Shiksha continues to march forward with the motto 'Padhega India, Badhega India'. In its 11th year, P&G Shiksha continues to make the necessary infrastructure interventions by building and supporting schools across the country and thereby giving children access to education...Read More

LOreal unveils "Basic Science for Modern Cosmetic Dermatology"
In the august company of the Ambassador of France, leading lights of Indian Dermatologists and LOreal's top research and innovation experts, L'Oreal launched "Basic Science for Modern Cosmetic Dermatology", a unique collaborative book co-authored by 24 Indian dermatologists and 24 L'Or?al R&I experts. Edited by ProfessorSrinivas and Dr Verschoore; Assistant editor: Claire Battie - this book with 16 chapters covers all the relevant topics for dermatologists on the border between dermatology and cosmetics...Read More

Godrej Locking Solutions and Systems wins CII-EXIM Bank award for Business Excellence
Adding another gleaming feather to its cap, Godrej Locking Solutions and Systems (GLSS), a division of Godrej & Boyce Mfg. Co. Ltd., was bestowed the CII-EXIM Bank Award for Business Excellence 2014. The Confederation of Indian Industries (CII) and the Export-Import Bank of India (EXIM) have joined hands to recognise the excellent achievements of companies in terms of quality and business performances each year. They also aim to raise awareness of the aforementioned characteristics to enhance the holistic competitive edge and sustainability in business, involving all stakeholders...Read More

Dunkin Donuts makes a grand entry in Kanpur
Dunkin Donuts (DD), the world's leading donuts, baked goods & coffee today made a grand entry into the Industrial City of Uttar Pradesh by launching its first restaurant in Kanpur. Dunkin Donuts launched in Kanpur with a swanky restaurant at the posh Z Square Mall, MG Road.

Ajay Kaul, CEO Jubilant FoodWorks Limited, while speaking at the launch said, "After making an incredible connection with young adult consumers in key cities of the country like Mumbai,  Delhi and Bangalore, we are extremely excited to enter the largest urban agglomeration in the state of Uttar Pradesh, Kanpur...Read More

 
Himalaya Herbals enters Guinness Book of World Records
The Himalaya Drug Company, India's leading herbal health and personal care company, entered the Guinness World Record "for most people receiving a facial simultaneously". The record was accomplished by completing 286 facials in Mumbai today and communicated a strong message on the importance of a healthy skin care routine.
 
As part of the record setting activity, 286 students got a complete facial - starting with a cleansing, toning and moisturizing routine which was followed by a Purifying Neem facial, conducted by 286 professional beauty experts from Mumbai.... Read More

Racold Thermo launches slimmest water heater in India
Racold Thermo, the leading water heating solutions brand in India, today announced the launch of Velis, the slimmest storage electrical water heater. With only 27 cms depth, Velis is not only the slimmest but also boasts of extremely beautiful metalized exteriors, never seen before in the industry. It's truly, the 'Size Zero' of water heaters! Velis along with the recently launched Eterno Swift and Altro2 Plus range is specifically customized for the Sanitary channel...Read More

Godrej Security Solutions launches video door phone with calling facility
Godrej Security Solutions (GSS), one of the leading providers of comprehensive security solutions in India, announced the launch of its new video door phone (VDP) SEETHRU 7. This innovative product utilises your landline to call your mobile phone in case you want to talk to your visitor when you are not at home. This 7" screen VDP has a TV out option, can support multiple outdoor units, indoor monitors, CCTV cameras and contains a removable SD card for recording images/video...Read More

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