Fresh from market

Read on to keep track of some interesting recent developments in the market:

1) 2009 was indeed a forgettable year for HUL. However, it sure seems to have stung the FMCG giant, with some swift action and well-thought out changes on the cards. Find out more about the year that went by and the year that awaits India’s largest FMCG Company: The Financial Express

2) Diageo has decided to push sales though the premium segment in the country. And that means betting big on the iconic Johnnie Walker brand along with growth through their Smirnoff and Vat 69 lines. Track this interesting story at: The Economic Times

3) Twinnings, Tetley, Brooke Bond, Lipton, Taj Mahal… and Typhoo to add to the list. The Apeejay group is all set to launch Typhoo tea in India, targeted at the premium segment. Given the tough domestic market, this is one story which is sure to draw attention. Find out more at: Business Standard

4) The number of Indian consumer goods companies acquiring brands and products abroad has steadily increased. And in keeping with this trend, Marico has acquired Colgate Palmolive’s Hair care brand ‘Code 10’, the 3rd largest selling brand in Malaysia. The Economic Times

5) Taking the story further, explore the reasons for the increasing number of acquisitions abroad, especially in emerging markets in Asia and Africa. Read on at: The Economic Times

6) Kolkata-based Emami Ltd is looking to explore newer markets and products. With a 700 crore war chest, they are looking at ways to increase sales and margins both in India and abroad. Read on at: NDTV Profit

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