Grasim Invests Rs 100 crore to develop first fabric brand

Mumbai: Grasim Industries has invested Rs 100 crore (US$ 15.96 million) to develop its first fabric brand, Liva’, which it will distribute through 1,000 outlets as part of a plan to stay in sync with changing consumer behaviour. `Liva’ is the first viscose staple fibre brand from Grasim, the …read more

Prataap Snacks looks to raise $50-70 million from PE investors

Mumbai: Prataap Snacks Pvt Ltd, plans to raise US$ 50-70 million from private equity (PE) investors to fund expansion. The company plans to use the money to increase manufacturing capacity and expand its geographical presence to tap growing demand for its products in a country where consumption of snacks …read more