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Unilever to launch recyclable toothpaste tubes in India Unilever’s oral care brands - Signal, Pepsodent and Closeup - have announced plans to convert its entire global toothpaste portfolio to recyclable tubes by 2025. After four years of development, the recyclable tubes will be available later this year in two of the company’s biggest oral care markets - India and France. The new tubes will use a high-density polyethylene material instead of aluminium The tubes will be first launched in France for the Signal Integral...

Unilever, the parent company of widely used toothpastes Pepsodent and Closeup, will introduce recyclable tubes this year in India, in order to help cut plastic pollution.

Blackstone betting big on India-its most profitable market SECTIONS Last Updated: May 02, 2021, 04:18 PM IST Share Synopsis For the American alternate investment management giant with close to USD 620 billion in AUMs globally, India is its most profitable market in terms of returns -- its seed investment of around USD 25 billion is worth over USD 50 billion at present, according to co-founder, chairman and chief executive Stephen A Schwarzman. Our India portfolio companies, including real estate companies, support employment of around 2 million and directly employ over 65,000, chairman and ch...

Synopsis Kedaara Capital has invested Rs 200 crore in the company in 2015 to buy about 25 percent stake held by another private equity firm, ChrysCapital. Getty Images Global private equity fund Warburg Pincus has acquired a majority stake in Parksons Packaging Limited, India’s largest independent folding carton manufacturer. As part of the transaction, existing private equity investors - Kedaara Capital, Olza Holdings Limited and IIFL, have fully exited their investment in Parksons and the promoters Kejriwal family has sold a partial stake, said a company statement. Ramesh Kejriwal, Siddh...

India: Promoters of packaging firm Polyplex plan to exit via stake sale Photo: Pixabay April 18, 2021 Businessman Sanjiv Saraf and his family aim to sell their promoter holding in Noida-based polyester film making firm Polyplex Corp. Ltd for at least ₹1,500 crore. The sale comes as the equity market reflects a premium for the company’s shares against the backdrop of rising demand for packaging films, coatings and insulation products due to covid, said two people with direct knowledge of the plans. “This is part of the company’s succession plan. The timing is opportune because its sha...