Reckitt Benckiser

Reckitt said it will retain a 30% stake in the business, whose brands include Air Wick air fresheners and Cillit Bang cleaners. The enterprise value includes up to about $1.3 billion of contingent and deferred consideration.

Reckitt Benckiser reportedly in exclusive talks with PE player Advent for essential home business sale

The company has been exploring to hive off less profitable businesses in its fold, and has said in the past that it may be keen to focus on health and hygiene brands. The report added that Reckitt may keep a minority stake in the Essential Home division as part of a deal.

Reckitt Benckiser's ex-CEO Rakesh Kapoor donates $1.2 mn to alma mater BITS Pilani

The donation will be "used to fund the creation of a state-of-the-art Centre of Innovation," BITS Pilani said in a statement.

Starbucks CEO Laxman Narasimhan may get $17.5 million annual payout. Salary details inside

The 55-year-old Indian American, Laxman Narasimhan, will also have Starbucks private jet at his disposal.

Reckitt Benckiser CEO Laxman Narasimhan to leave after three-year stint

Laxman Narasimhan, 55, joined the company in September 2019 from PepsiCo and was the first external candidate to take the helm at Reckitt since the maker of Durex condoms and Nurofen tablets was formed in 1999.

CNBC-TV18’s 17th IBLA Jury meets; Top Business Leaders present their Vision Board for 2022

Driving forward the theme ‘Navigating 2022: Chasing the Recovery’, the meeting brought together Global & Indian CEOs to discuss with CNBC-TV18’s Managing Editor, Shereen Bhan, what the year holds amidst the uncertainties brought on by the pandemic

Gaurav Jain elevated as head of Reckitt India

Gaurav Jain has been heading the health unit in India since 2017.

Bombay Shaving Company’s Deshpande: Want to operate like a proper FMCG company

Earlier on January 28, Reckitt Benckiser said it will fund Bombay Shaving Company. In an interview, founder Shantanu Deshpande reveals his capital deployment plans, the evolution of the personal grooming market, especially with regard to men, and how the company weathered the pandemic.

Bombay Shaving Company raises Rs 45 crore in a round led by Reckitt Benckiser

The company, which has a portfolio of more than 100 products across shaving, skin, and beard care, will utilise the funds to scale up operations.

Reckitt Benckiser kicks off sale of some personal care brands, including Veet and Clearasil

The process comes as Reckitt is generating unusually strong sales in its hygiene business due to the COVID-19 pandemic, as people snap up its Lysol and Dettol disinfectants.

Lysol maker urges people not to inject disinfectants after Donald Trump's remarks

Trump said researchers should try to apply their findings to coronavirus patients by inserting light or disinfectant into their bodies.

Who is Laxman Narasimhan, the second person of Indian-origin to head Benckiser?

He is the second Indian after Rakesh Kapoor to be appointed as Reckitt Benckiser CEO.

Laxman Narasimhan to be next CEO of Reckitt Benckiser

Narasimhan would succeed Kapoor, who has been leading RB as CEO since 2011.

Reckitt Benckiser CEO Rakesh Kapoor to retire by 2019-end

The company has now initiated a formal process to appoint Kapoor's successor, it said in a statement. RB product portfolio includes Dettol, Durex and Lysol.

Bathroom battle: Makers of Harpic sue Patanjali over toilet cleaners

The UK-based company also raised objections on Patanjali’s product’s TV commercial and said that it mocks Harpic’s advertisement

Aurobindo gets US regulator nod to launch copy of Reckitt Benckiser's cough and cold drug

The approved product has an estimated market size of USD 235 million for the 12 months ending December 2016, according to an IRI database.

Stronger Indo-UK trade ties crucial to ease Brexit woes: Reckitt

The United Kingdom will need to find stability in terms of trade ties in case Brexit happens formally, feels Rakesh Kapoor, CEO, Reckitt Benckiser.

Maha FDA seizes fakes of popular soaps from Mumbai mfg unit

The Maharashtra Food and Drug Administrator (FDA) has seized duplicate soap bars of popular brands like Lux and Dettol from a manufacturing unit in Mumbai, learns CNBC-TV18.

FIPB to take up 12 FDI proposals on May 20

Pharma proposals, including from Aurobindo Pharma, will come up for consideration in the meeting to be chaired by Economic Affairs Secretary Shaktikanta Das, a statement said.

14 more drug majors get HC relief from Centre ban on FDC meds

The 22 healthcare companies have sought quashing of the government's March 10 notification banning over 300 FDC drugs, including cough syrup compositions on the ground that they involve "risk" to humans and safer alternatives were available.

Centre ban on FDCs: P&G, Glenmark, Reckitt too get HC relief

Justice Rajiv Sahai Endlaw said "same orders" would be passed in respect of the five companies which also included Alembic Pharmaceuticals and Piramal Enterprises Ltd as was passed yesterday and day before in the case of pharma majors Pfizer, Abbott Healthcare and Macleods Pharmaceuticals.

RB would collaborate with UP FDA over its Dettol

FMCG firm RB said it will do a thorough investigation and collaborate with authorities after the UP Food and Drug Administration alleged a lesser weight in its Dettol soap.

Reckitt Benckiser committed to ‘Stop Diarrhea‘ proj: CEO

New launches are going to play a big role in Reckitt Benckiser's growth and the company is betting big on the government's Swachh Bharat programme.

IIM-C placement sees demand from e-commerce majors

In the batch of 438 students, e-commerce industry accounted for 47 offers, a significantly large number compared to last time, an IIM-C statement said.