India: Tata Group’s consumer unit is in talks to buy at least 51% of popular snack food maker Haldiram’s but is not comfortable with the $10 billion valuation sought, two people briefed on the matter said. If successfully concluded, a deal would see the conglomerate directly compete with Pepsi and billionaire Mukesh Ambani’s Reliance Retail. … Continue reading Tata Seeks Control Of Haldiram’s, Snack Maker Wants $10 Billion Valuation