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Lavazza To Reenter India Via Franchise Route

Italian major Lavazza has joined hands with private equity company Everstone Capital to reenter India’s retail landscape. A franchise pact has been signed between Everstone and Lazazza to run the latter’s coffee outlets in India, according to a media report. According to the report, both the companies have signed a deal several weeks ago. As […]

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Rural Consumption Picks Up, Narrowing Gap With Urban Markets: FMCG Q4 Update
Opinions

FMCG: How Sustainability Will Drive Towards Better Environment

By Manish Aggarwal The FMCG market has always been closely connected to its consumers and their diverse choices; hence, a long-term shift in consumers’ habits and choices is bound to have a definite impact. For a while, new-age consumers have been facing extreme climatic conditions and changes, which have affected their purchasing habits and made […]

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News

Citi, Revlon Lenders Strike Deal Over $500 Mn Accidental Payment

Ending litigation of more than two years, Citigroup Inc has arrived at an agreement with all 10 Revlon Inc lenders that it has mistakenly paid about $500 million on a loan. As Revlon’s loan agent, Citigroup accidentally used its own money in August 2020 to prematurely pay off an $894 million loan owed by billionaire […]

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