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  • Danone to launch more adult nutrition products in India Oct 03, 2020 09:09 AM IST

    Danone to launch more adult nutrition products in India

    Danone acquired the Protinex brand after purchasing Wockhardt Group's nutrition portfolio in 2012.

  • Prabhat Dairy–Lactalis stake sale: Investors wary of deal transaction Jan 22, 2019 05:41 PM IST

    Prabhat Dairy–Lactalis stake sale: Investors wary of deal transaction

    The current transaction is routed through a subsidiary, so all proceeds (post capital gains tax) would come to the company and it remains to be seen whether it will be shared with shareholders.

  • Quick Take | Does Danone’s investment in Epigamia make sense? Jan 17, 2019 11:28 AM IST

    Quick Take | Does Danone’s investment in Epigamia make sense?

    The French dairy maker might have failed through joint ventures, and on its own. But its attempt as a venture investor may actually pay off.

  • CCI dismisses complaint against Danone's subsidiary Aug 29, 2018 05:05 PM IST

    CCI dismisses complaint against Danone's subsidiary

    In an order dated August 28, the Competition Commission of India (CCI) said "no prima facie case of contravention of the provisions Section 4 of the (Competition) Act" is made out against Nutricia.

  • Parag Milk Foods acquires Danone's unit in Sonipat Apr 19, 2018 05:55 PM IST

    Parag Milk Foods acquires Danone's unit in Sonipat

    Further, he expects it to strenghten product offerings and distribution. Currently, the products that are sold in the northern part of India are supplied from the company's Manchar plant in Maharashtra.

  • Yakult Danone India aims presence in 60 cities by next year Feb 11, 2018 01:49 PM IST

    Yakult Danone India aims presence in 60 cities by next year

    Yakult Danone India, a 50:50 JV between Japan-based Yakult Honsha and Groupe Danone of France, is currently present in 40 cities across 12 states in the country.

  • Danone expands dairy segment, aims doubling India biz by 2020 Mar 09, 2017 04:36 PM IST

    Danone expands dairy segment, aims doubling India biz by 2020

    French nutrition and dairy major Danone has expanded its offerings in the dairy segment with launch of Greek yogurt as it targets doubling its India business by 2020.

  • Danone to double India biz by 2020, lines up 10 new products Jan 16, 2017 02:52 PM IST

    Danone to double India biz by 2020, lines up 10 new products

    The company, which today launched its global flagship infant nutrition brand 'Aptamil' In India, is also looking to leverage on its Indian manufacturing operations to export to neighbouring countries such as Nepal, Bangladesh and Sri Lanka.

  • Demonetisation: This startup wants to ease last-mile trade‘s cash woes Nov 21, 2016 12:22 PM IST

    Demonetisation: This startup wants to ease last-mile trade‘s cash woes

    Distributors usually transact in cash with retailers and in turn pay manufacturers via bank accounts. BeatRoute Innovations, a startup that focuses on facilitating last-mile trade between packaged goods companies, distributors and neighbourhood stores, is launching a cashless transaction service for traders and distributors to ease their hardship.

  • Analysts wary of Nestle's growth plans on Q1, suggest sell May 18, 2015 12:51 PM IST

    Analysts wary of Nestle's growth plans on Q1, suggest sell

    Credit Suisse has maintained underperform rating on the stock but increased target price to Rs 6450 per share.

  • Meet the Khorakiwalas: Gen-Next promoters of Wockhardt Dec 16, 2014 11:18 AM IST

    Meet the Khorakiwalas: Gen-Next promoters of Wockhardt

    Wockhardt has had a fair share of difficult times too. In 2008, the pharma company‘s net worth had eroded to near bankruptcy. Global financial crisis and major foreign exchange losses had hurt it as well. To tide over the crisis, the company decided to go in for CDR in 2009.

  • In China, Nestle and Danone play it by the book Jul 06, 2013 04:39 PM IST

    In China, Nestle and Danone play it by the book

    "The media environment here has absolutely changed. Social media has revolutionised what companies do in a crisis situation," said Kent Kedl, in charge of Greater China and North Asia for risk consultancy firm Control Risks.

  • Danone Managing Director calls on Punjab CM Dec 13, 2012 06:00 PM IST

    Danone Managing Director calls on Punjab CM

    French dairy major Danone's Managing Director Laurent Marcel called on Punjab Chief Minister Parkash Singh Badal here last evening.

  • Danone plans to double India sales in 3 years Nov 29, 2012 04:00 PM IST

    Danone plans to double India sales in 3 years

    French food group Danone plans to double its sales in India in the next three years, a company executive said, as the world's top yogurt maker raises focus on emerging markets to drive growth when its traditional European markets are slowing.

  • Danone plans to double domestic nutrition biz in 3-4 years Oct 01, 2012 10:33 AM IST

    Danone plans to double domestic nutrition biz in 3-4 years

    French dairy giant Danone, which had acquired the nutrition business of Wockhardt, plans to double the domestic baby and medical nutrition business in three to four years, a top company official has said.

  • Danone plans national launch for its yoghurts next year Sep 27, 2012 10:23 AM IST

    Danone plans national launch for its yoghurts next year

    French dairy major Danone said its new business unit here which is dedicated for developing products for the masses, will be rolled out to other cities by next year.

  • Emerging markets help Unilever avoid rivals' pain Jul 26, 2012 01:56 PM IST

    Emerging markets help Unilever avoid rivals' pain

    Strong emerging markets helped consumer goods giant Unilever avoid issuing similar profit warnings as two of its main rivals, although it did warn of tougher times ahead due to difficult economies and volatile input costs.

  • Nestle near deal for Pfizer's baby formula unit: WSJ Apr 18, 2012 06:46 AM IST

    Nestle near deal for Pfizer's baby formula unit: WSJ

    Pfizer Inc is near a deal to sell its baby formula business to Swiss food giant Nestle SA for at least USD 9 billion, the Wall Street Journal reported on Tuesday.

  • Nestle cautions on margins as it raises sales goal Oct 20, 2011 02:45 PM IST

    Nestle cautions on margins as it raises sales goal

    The world's biggest food group Nestle said weakening consumer sentiment in developed markets would make it harder to improve margins as it raised its sales growth outlook for 2011 after beating forecasts for the first nine months.

  • Wockhardt to clear bond dues by Aug; Danone deal on track Oct 11, 2011 08:54 PM IST

    Wockhardt to clear bond dues by Aug; Danone deal on track

    The Bombay High Court today directed the debt-laden pharma company Wockhardt to clear all dues to its bondholders by August next year and allowed the sale of its nutrition business to French foods major Danone.

  • Bombay HC directs Wockhardt to pay bondholders by Aug 2012 Oct 11, 2011 07:13 PM IST

    Bombay HC directs Wockhardt to pay bondholders by Aug 2012

    Wockhardt has finally reached an agreement with its bondholders over a payment schedule proposal as directed by the Bombay High Court.

  • Danone floats new unit to develop products for masses Oct 05, 2011 05:50 PM IST

    Danone floats new unit to develop products for masses

    French dairy firm Danone today launched a new business unit in India dedicated for developing products for the masses, as it looks to expand its presence in smaller towns and cities.

  • Danone's makes way into India with innovative yoghurts Sep 07, 2011 10:00 PM IST

    Danone's makes way into India with innovative yoghurts

    French major Danone has begun its solo ride in India with the roll out of select food products in Indian stores. CNBC-TV18's Tanvi Shukla and Gopika Gopakumar take a look at the company's menu for India.

  • Wockhardt to seek Bombay HC nod for Danone deal Aug 03, 2011 10:25 PM IST

    Wockhardt to seek Bombay HC nod for Danone deal

    Last night, troubled pharma major Wockhardt agreed to sell its nutrition business to French giant Danone. But CNBC-TV18 learns that it is not all hunky dory for the company as the deal may face objections from Wockhardts’ lenders.

  • Danone to buy nutrition biz; Carol Info up 13% Aug 03, 2011 10:28 AM IST

    Danone to buy nutrition biz; Carol Info up 13%

    Carol Info Services touched a 52-week high of Rs 246.10. At 10:22 hrs the share was quoting at Rs 238.55, up Rs 27.15, or 12.84%. Danone will acquire Wockhardt's nutrition business and brands as well as related industrial operations from Carol Info Service. Carol Info is a subsidiary of Wockhardt, reports CNBC-TV18.

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