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Reckitt Benckiser News

02 Sep 2022

Starbucks next CEO Laxman Narasimhan will take THIS big amount as his salary

Starbucks corps named Laxman Narasimhan as next Chief Executive Officer (CEO). Laxman Narasimhan will draw $1.3 million as his annual base salary. Narasimhan has joined the growing long list of Indian origin CEOs who are helming the global giants.

02 Sep 2022

Indian-origin Laxman Narasimhan named new Starbucks CEO; Read details

Starbucks named Laxman Narasimhan as next CEO, joining Howard Schultz, the interim CEO, from October 1, 2022. Narasimhan, 55 was previously the CEO of UK-based Reckitt Benckiser, a multinational consumer health, hygiene and nutrition company. Narasimhan joins a growing list of Indian-origin CEOs at the helm of US-based global giants, including Microsoft CEO Satya Nadella, etc.

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10 Feb 2017

Reckitt Benckiser to buy Mead Johnson for $16.6 billion

Reckitt Benckiser has agreed to buy U.S. baby formula maker Mead Johnson Nutrition for $16.6 billion, taking the British consumer goods company into a new area and expanding its presence in developing markets.

17 Jun 2016

Russia bans Durex condoms over holes in paperwork

Russia has banned the widely popular Durex condoms over a bureaucratic issue regarding the products' registration, the country's health care watchdog said Thursday.

16 Mar 2016

P&G to resume manufacturing, sale of Vicks Action 500 Extra

FMCG firm Procter and Gamble (P&G) today said it will resume manufacturing and sale of its popular brand 'Vicks Action 500 Extra' after the Delhi High Court stayed government's order banning fixed dose combination drugs

25 Mar 2015

RB to enter into new product segments through existing brands

FMCG major RB India (erstwhile Reckitt Benckiser) is planning a foray into multiple segments including deodorants by expanding portfolio of its existing brands such as Harpic, Dettol and Dermicool.

30 Sep 2014

RB to spend Rs 100 cr on sanitation, ropes in Amitabh Bachchan

FMCG major RB would spend Rs 100 crore in next five years in creating awareness about the importance of hygiene and sanitation and has roped in Bollywood mega star Amitabh Bachchan as a face of the campaign.

24 Jul 2014

FIPB clears 19 FDI proposals entailing Rs 2,327 cr investment

FIPB has cleared 19 FDI proposals including that of Walt Disney Company and Reckitt Benckiser (India) entailing total investments of Rs 2,326.72 crore.

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