Wipro Ltd., the Indian software-to- soaps company controlled by billionaire Azim Premji, said Chinese demand for cosmetics containing bird’s nest extracts will help its consumer unit counter slowing growth at home.
Billionaire Nicolas Berggruen wants to talk about economic and political governance at the World Economic Forum’s annual meeting in Davos, Switzerland, this week. If only the more than 2,500 business and political leaders attending would put down their BlackBerrys.
Billionaire Adi Godrej said his company, India’s second-largest consumer goods maker by value, will still depend on small retailers for sales 10 years after foreign companies such as Wal-Mart Stores Inc. open outlets.
Godrej Consumer Products Ltd. , India’s second-biggest maker of bath soap, rose after agreeing to buy Argentine hair-color maker Argencos, the Indian company’s second Latin American purchase in the past two weeks.
Godrej Consumer Products Ltd. , India’s second-biggest soapmaker, was poised to reach a record high in Mumbai trading after it agreed to buy Sara Lee Corp.’s stake in their venture for 185 million euros ($234 million).
To U.S. prosecutors, former Goldman Sachs Group Inc. director Rajat Gupta is a Wall Street insider who fed secret tips to his business partner Raj Rajaratnam so the fund manager could reap millions in illicit profits.
Godrej Consumer Products Ltd. plans to raise as much as 7 billion rupees through qualified institutional placement route to fund acquisitions, the Business Standard Newspaper reported, citing Chairman Adi Godrej.
Sukhchain Singh stops his truck, loaded with Lovable Lingerie Ltd. camisoles and Revlon Inc. makeup, at a checkpoint on the Punjab state border in northern India. He slumps in his seat, resigned to a long, long wait.