Date-wise News
RPG to rejig, revamp retail business
Tommy Hilfiger set for `record' retail spread in first year
Standard Chartered introduces Marathon Credit Card
Casio unveils world's smallest optical zoom digital camera
John Players and Wills Lifestyle get awards
Siti cable to hold Siti Mahotsav in Delhi
Reliance to set up 2,000 retail outlets by Dec 2006
Saregama inks pact with MGM to distribute VCD, DVD titles
Alok Mittal of JobsAhead quits
Refrigerator majors told to state gross, net capacities in ads
AIM appeals to Reddy for fair treatment to magazines
P&G buys Gillette Company, creates powerhouse of 21 billion-dollar brands
Apart from being a mega corporate merger, this perhaps is as big as it gets in the realm of brands acquisition. On Thursday, Procter & Gamble signed a deal in the USA to acquire 100 per cent of Gillette for $ 57 billion. The outcome: the creation of a global brand powerhouse comprising 21 billion-dollar brands -- P&G has 16 billion-dollar brands; Gillette brings in five more.