How will US Fed policy outcome affect markets? What's happening with Bisleri? Why can't Indian cities curb air pollution? What happened to Credit Suisse's AT1 bonds? All answers here
The Tata Group company announced on March 17 that negotiations regarding the potential acquisition of Ramesh Chauhan's Bisleri International had ceased
Chauhan told Business Standard that Angelo Dias, CEO at the company, is running the business and that he was no longer looking to sell a majority stake in the company
Veteran industrialist Ramesh Chauhan on Monday said he has no plans to sell his packaged water business Bisleri International and is not in talks with any parties for the same, three days after Tata Consumer Products Ltd called off their negotiations. Chauhan had been in negotiations with the Tata group's FMCG arm Tata Consumer Products Ltd (TCPL) for nearly four months but the deal did not go through. When asked as to whether he has any plans to sell Bisleri now, Chauhan told PTI "We have no plans." However, when asked about media report suggesting that his daughter Jayanti Chauhan is ready to lead the company, the 82-year-old pioneer of the Indian packaged water business declined to comment. Earlier in November last year, Chauhan had said he was in discussions with several players, including TCPL, to sell out his Bisleri business. On being asked about the reasons for the sale of Bisleri's business, the octogenarian business leader had said someone had to handle it and look into
Jayanti has been involved in the company's business for several years and of late, she has been working on expanding Bisleri's Vedika brand
The company said no definitive agreement or binding commitment has been signed on this matter.
The companies could not agree on valuation, say sources
Shares of Orient Beverages were locked in the 5-per cent upper circuit for a sixth straight trading day, hitting a five-year high of Rs 179.05 on the BSE on Thursday
Why is the Tata group thirsting for Bisleri? Can India launch space firms into higher orbit? With markets near all-time highs, which sectors should you bet on? What does ARPU mean? All answers here
Bisleri is up for sale. Several big players are said to be in talks with the company. Tata group is one among them. But what will the Tatas gain by adding Bisleri to its water crate? Let's find out
The post-Covid recovery in air travel in India has stalled, putting a question mark over the stretched finances of airlines
A majority stake for Rs 6K-7K cr to allow TCPL's expansion in beverage space
Ramesh Chauhan, chairman of Bisleri International, does not have a successor to take Bisleri to the next level
Now Ramesh Chauhan's Bisleri International will launch a fizzy mango drink called Fonzo in April
Interview with Chairman, Bisleri International