"We are looking at outsourcing opportunities or even acquisition targets with lower valuation,” soft drink concentrate major Rasna’s chairman and managing director Piruz Khambatta was quoted in The Economic Times of November 16, 2006. According to the Delhi based report Rasna is in talks with global retail giant Carrefour for an outsourcing deal.
Quoting sources close to the company the report states the Rasna management has held talks and made a presentation to a delegation of visiting Carrefour executives. The home-grown Indian FMCG (Fast Moving Consumer Goods) player is looking at an agreement wherein it will provide Carrefour a host of......