Mondelez International, which makes Cadbury chocolates, has invested around USD 15 million to build a global Research, Development and Quality (RDQ) hub in neighbouring Thane.
In the filing made with the SEC, Mondelez International said the investigation under the Foreign Corrupt Practices Act (FCPA) relates to a facility in India which it had acquired as part of the Cadbury takeover.
Storyboard speaks to Rudratej Singh, President, Royal Enfield on their new bike and their unusual marketing strategy. Also Hidesign's founder and CEO Dilip Kapur shares his view on how the brand is attempting to make a mark in the challenging luxury market and Cadbury's new Valentine's day campaign.
Around 67 per cent Indians feel that brands are working hard at improving their quality of life and well-being, compared to an Asia Pacific average of 55 per cent and global average of 38 per cent.
Watch the sneak preview of Cadbury‘s new film for 5 Star. Prashany Peres shares 5 Star‘s Communication Strategy.
The maker of Nutella spread and Ferrero Rocher chocolates has long been viewed as an appetising target for rivals such as Mondelez International, Nestle, Mars and Hershey.
A decade-long battle with minority shareholders has not dented the appetite of erstwhile Cadbury India, now Mondelez India, from making big-ticket investments here.
Cadbury India, a part of Mondelez International, today said it plans to invest more than Rs 1,000 crore in setting up a plant in Andhra Pradesh which will the company's largest manufacturing plant in Asia Pacific.
Transfer pricing adjustments have soard across the cities in India with Mumbai leading the pack. Close to Rs 70,000 crore was collected in 2012-2013. A lot of multinational companies (MNCs) have received notices from the income tax department.
Both ITC and Infosys are ranked at the third position. There are a total of four Tata Group companies on the list, while as many as ten PSUs have made it into the rankings, global business magazine Fortune's Indian edition said on Tuesday.
Oreo biscuits have made it to the top of the premium cookie segment. CNBC-TV18's Farah Bookwala finds out the reasons why the brand has been successful within just two years of its launch.
JPMorgan Asset Management has put in more money into India than it has in the past 20 years, says managing director Austin Forey. â€œThe consumer demand in India still seems pretty robust."
The role of the marketer is now changing in India. The predictable money is still going towards the marketing tasks, but there are challenges. According to the Storyboard‘s editor, Anant Rangaswami, this is just a beginning of a very exciting journey, but the consensus says that it is a little bit in the future.
In CNBC-TV18‘s special show Story Board, Arvind Kejriwal‘s Aam Aadmi Party (AAP) reveals how it is gearing up for the 2014 assembly polls and what are AAP‘s strategies to build its brand of politics.
India is investigating Cadbury's local unit for possible tax evasion, a junior finance minister said on Thursday, in a probe involving about 2 billion rupees.
On this edition of Story Board, see what sets aside Tanishq's latest commercial as one of the best this festive season.
It was further found during the course of investigation that mandatory licences or permissions from local bodies concerned for setting up the unit were not obtained before the last date of March 31, 2010, the sources claimed.
Cadbury's chocolate, the reason behind 75 percent of this reporter's cavities has taken its appreciation for ...
With Cadbury's in the bag, Kraft's Indian operations have kicked off on a sweet note. Its first major brand, Oreo has eaten into the market share of rivals Britannia, Parle and ITC with ease. CNBC-TV18's Animesh das finds out how the cookie crumbles.
Infrastructure developer Unity Infraprojects today said it has bagged five orders worth Rs 259.91 crore in construction and irrigation space.
Kraft Foods Inc Chief Executive Irene Rosenfeld is breaking up the food giant in a move that has been percolating at Kraft for several years but caught the market by surprise, coming only 18 months after the acquisition of Cadbury.
Here is more on the Cadbury delisting case. The Bombay High Court has ordered Ernst & Young (E&Y) to re-evaluate Cadbury’s shares and submit its report to the HC on July 29.
The valuation deadlock was finally broken in Cadbury’s delisting spat with its minority shareholders as the chocolate maker agreed to provide projected financials to the Bombay High Court appointed valuer Ernst & Young.
Chocolate maker Cadbury faced some tough questions from the Bombay High Court today on the back of the delisting spat with its shareholders. The court asked the company why it did not provide projected financials to the court-appointed valuer Ernst and Young.
Chocolate maker Cadbury, which is in dispute with the minority shareholders on its plans to delist, lashed out at the Investor Grievances Forum (IGF) today saying the forum was not justified to intervene in the case, reports Ashwin Mohan of CNBC-TV18.