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Mam | Marketing |
Kraft Heinz to sell Complan brand in India |
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US food and beverage giant Kraft Heinz is looking to sell its children's energy drink brand Complan in India. The sale could help Heinz in fetching about $1 billion.
Kraft Heinz is said to be working with an adviser to gauge interest in the brand from potential buyers. These buyers could be local Indian companies and private equity firms.
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Mam | Media And Advertising |
L'Oreal India appoints Amit Jain as managing director |
L'Oreal India has appointed Amit Jain as a new India managing director succeeding Jean Christophe Letellier who will shift within L'Oréal group after a five-year stint in the country.
L'Oreal is one of the largest cosmetics company and has developed activities in the field of hair colour, skin care, sun protection and many others.
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iWorld | E-commerce |
Paytm appoints Ex- RBI deputy governor as advisor |
Indian e-commerce payment system and digital wallet company, Paytm has appointed former RBI deputy governor Rama Subramaniam Gandhi as an advisor to the company.
In a blog post, the company said it would benefit from Gandhi's knowledge and experience on payment systems, regulations, compliance and corporate governance.
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Mam | Media And Advertising |
Mondelez International elevates Luca Zaramella as EVP CFO |
Mondelez International has elevated Luca Zaramella, appointing him as EVP chief finance officer.
His new role will be effective from 1 August, 2018.
As the new CFO, Zaramella will be responsible for the oversight of the company's global finance, information and technology solutions and shared services functions.
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