Dabur enters South Africa, First Insurance IPO, Vedanta-Cairn Merger – Weekly Digest #6

Monday- 18th July 2016 Hindustan Unilever reported a lower than expected sales growth, even though the profit rose by 10% for Q1. Dabur acquired 100% stake in South African cosmetics and trading firm Discaria Trading. The value of the aforesaid deal has not been disclosed yet. This paves a way for Dabur to enter the South …