The company said no definitive agreement or binding commitment has been signed on this matter.
The companies could not agree on valuation, say sources
If this deal, estimated at Rs 6,000-7,000 cr goes through, it would become the largest in the Indian FMVG, surpassing HUL's April 2020 acquisition of Horlicks from GSK for Rs 3,045 cr
International margins fall sharply on cost inflation, price lag in December quarter
In a Q&A, Sunil D'Souza talks about the company's strategy to launch more D2C brands and his outlook on demand for the company
Maker of Tata Tea announces net profit of Rs 352 crore
He believes India remains the best long-term equity story in Asian and the emerging market (EM) context
4% spread on offer; analysts bullish on long-term prospect of merged entity
Stocks to Watch Today: Bikaji Foods, Castrol, Hero MotoCorp, Godrej Properties, Tat Consumer, pharma and insurance related shares are likely to be in focus on Monday.