Nestle, a gigantic name in the food and beverages industry, is strongly leading towards adopting an organic approach in India. In an interaction with global media, CEO Ulf Mark Schneider said, “We have been pursuing acquisition everywhere – it’s part of our business model of seeing a growing company in gaining additional market presence. There are opportunities, […]
Horlicks up for a new suitor, Nestle, Unilever among others bid in the initial round
Started by two British-born men, James and William Horlick in 1873, Horlicks is a malt-based drink that is now amongst the biggest businesses that GSK has, in India. The drink came on the Indian turf during World War I with the British soldiers. Presently, three of the biggest FMCG players in the Indian market, Nestle, […]
Firstcall recommends buying Heritage Foods with target price of Rs 560
Firstcall is bullish on Heritage Foods and has recommended buy rating on the stock with a target price of Rs 560 in its research report dated February 23, 2016. The research by Firstcall about Heritage Foods says that the Heritage Group was founded in the year 1992 by Mr. Nara Chandrababu Naidu. It is one […]