South Korea's Samsung Electronics Co. Ltd. is targeting a higher operating profit and double-digit growth in sales in 2010, fuelled by strong demand for its flat screens and memory chips.
Godrej Consumer Products (GCP) on Saturday said it has agreed to buy personal care company Tura from Nigeria's Tura Group.
Plans by Carrefour, the world's No.2 retailer, to open its first cash-and-carry outlets in India are a sign of optimism in the country's $450 billion retail sector, but foreign investors and some officials want more -- an easing of the country's tough investment rules.
France's Sodexo is looking at double-digit revenue growth in India and China over the next couple of years, even as corporate spending in the United States remains weak, Chief Executive Michel Landel told Reuters on Friday.
French retailer Carrefour is in talks with Indian companies for a partnership and expects to start its business in India with cash-and-carry activities, the company told Reuters.
Samsung Electronics, the world's top maker of memory chips and LCD screens, expects rapidly recovering demand for its premium computer memory chips and flat TVs to drive growth this year, in an ominous sign for its Japanese rivals.
Retailer Shoppers Stop Ltd is looking to raise 2.5-3.5 billion rupees by March 2011 to expand its outlets and may raise its stake in Hypercity to 51 percent from 19 percent now, a top official said.
Godrej Consumer Products Ltd will look at raising money through various instruments for funding acquisitions, a top official said on Wednesday.
Nestle India Ltd said on Monday its board has approved buying the healthcare nutrition business of unlisted Speciality Food India.
Heineken NV, the world's No.3 brewer, has agreed on a deal to brew and sell its own brand beer in a growing Indian market and will integrate its various other operations in the Asia Pacific region
The Indian arm of U.S. soft drinks and snacks maker PepsiCo Inc has sought government permission to use alternative sweetener for beverages, the Economic Times newspaper said on Monday.
Sony Corp pushed back an elusive profit margin target to March 2013, after narrowly failing to meet the goal last year, but it aims to make its video game and TV operations profitable next year.
Japan's Sony Corp has seen no sign of a recovery in the consumer electronics market, Chief Executive Howard Stringer said in an interview published on Sunday.
Tata Chemicals Ltd expects its fertiliser plant at Babrala in Uttar Pradesh to start commercial production by the middle of next year, a senior official said on Thursday.
Italy's leading coffee roaster Lavazza plans to make India and Brazil its hubs for expansion in the Asia Pacific region and Latin America where demand is growing, unlike its saturated domestic market, its chief executive said
Whirlpool Corp reported a higher-than-expected quarterly profit on Friday as cost cuts offset weak sales, and the world's biggest appliance maker raised its full-year forecast.
Coca-Cola said on Friday that it has opened a 600 million yuan ($88 million) bottling plant in China, its largest single investment in still beverage production in the country, to meet growing demand from Chinese consumers.
Samsung Electronics, the world's top maker of memory chips and flat screen TVs, forecast third-quarter earnings to come in higher than market estimates as it increased its lead in chips, flat TVs and handsets
Not everyone is complaining about the rising price of gold. Diamond jewellery makers in India are making the most of an unprecedented rise in gold prices, and have seen sales rising smartly this festive season.
The Indian franchisee of Domino's Pizza is considering an IPO to enable JPMorgan cash in its 33 percent private equity investment, the Economic Times reported on Wednesday, citing three people familiar with the development.


