Reckitt Benckiser

The demand for premium masks costing more than Rs 2,000 has been rising rapidly among travellers

Narasimhan holds a degree in mechanical engineering from the College of Engineering, University of Pune, India

The departure is a blow to the consumer-goods company and its shares fell as much as 6% in early trading

With Laxman Narasimhan being appointed as the CEO of Starbucks, a new name has been added to the list of India-origin CEOs of American corporations

"The chairman and the nomination committee have begun the process to identify the best long-term candidate to take Reckitt on the next phase of its growth and transformation journey," the company said

Reckitt Benckiser said its Chief Executive Officer Laxman Narasimhan will step down at the end of September after three years in the role.

India is among the top three markets for Reckitt, earlier known as Reckitt Benckiser, and owns popular household brands such as Dettol, Lysol, Harpic, Durex, Veet and Strepsils

Deal will be funded through internal accruals, is the biggest by Emami after 'Kesh King' hair and scalp products (2015), and Zandu Pharma (2008)

FMCG major Emami on Friday said it has acquired the 'Dermicool' brand from Reckitt for a total consideration of Rs 432 crore. The acquisition is funded through internal accruals and is subject to the customary closing conditions, the company said in a statement. The Dermicool brand is popular for providing respite from the prickly heat caused during summers. "We are very happy to announce the acquisition of Dermicool brand, which offers great synergy with our existing businesses and is a perfect strategic fit. It will strengthen our presence to make us #1 in the prickly heat powder & cool talc category," Emami Ltd Director Harsha V Agarwal noted. Emami, as one of its core business strategies, has always been open to growth through inorganic route. The company considers acquisitions that not only add value and have synergy with the current line of businesses, but also offer opportunities for the organisation to be present in categories that have high growth potential, it ...

The company has benefitted during the pandemic from people buying more cleaning products, besides cold and flu remedies like Lemsip and Strepsils

The sale marks the end of Reckitt's venture into the baby-formula business started just four years ago

Sales of key health and hygiene products skyrocketed during the January-March quarter

The British fast moving consumer goods giant today reported 11.8 percent topline growth for the year

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The coronavirus pandemic has accelerated the business for Bombay Shaving Company, which plans to scale its operations and cross Rs 150 crore top line by the end of this year

The process comes as Reckitt is generating unusually strong sales in its hygiene business due to the Covid-19 pandemic

Reckitt Benckiser Plc reported better-than-expected quarterly results as cautious customers stocked up on Lysol and Dettol disinfectants and Mucinex cough syrup during the coronavirus pandemic

Justice Rajiv Sahai Endlaw made it clear the stay would come into operation only if the pharma major deposits the amount with NAA within two weeks.

"We are more aggressive than earlier, and we see the Covid-19 crisis as an opportunity to grab some businesses that make sense to us," said Sanjay Kapote, CEO, MTL

Data for April 11-17 shows that HUL, RB & Amul increased their advertising on news, general entertainment and movie channels.