Company News

Heinz Baked Beans are now just Heinz Beans

London, July 12 : The next time you go to the supermarket in the UK, you won’t be able to find your favourite can of Heinz Bakes Beans, for the food giant is dropping the word ‘baked’ from its label.

From now on, all cans will simply be labelled Heinz Beanz.

The company is hoping that the new wording will boost its image with health-conscious Brits.

“We have been powering the nation for over 100 years and we have given this iconic product a 21st-century makeover,” The Daily Star quoted Heinz marketing manager John Alderman, as saying.

“Parents can continue to feel confident feeding their families Heinz Beanz as a healthy, nutritious meal option.”

Aditya Birla group’s private equity arm picks 25% stake in V Mart Retail

Aditya Birla Group

Welspun Gujarat picks order worth Rs 3000 crore

Welspun

Ruia Group acquires UK’s top auto component company

Ruia Group’s Dunlop has successfully acquired British auto component manufacturer, Schlegel Automotive Eurpoe, which is a supplier of rubber sealings to BMW, Bentley, Toyota, Honda, Ford and Opel a

Strike looms as talks between Lufthansa and German union collapse

Berlin - German carrier Lufthansa faced a possible all-out strike at the height of the holiday season after wage talks with the large Verdi services sector union broke down Thursday.

Prosecutors seek to put former Samsung boss away for seven years

Seoul  - Prosecutors on Thursday asked that former Samsung Group chairman Lee Kun Hee be sentenced to seven years in prison on charges of tax evasion and breach of trust.

Lee, 66, who was once the most powerful tycoon in South Korea, should also be made to pay a fine of 350 billion won (nearly 350 million dollars), prosecutors told the Seoul Central District Court, which was expected to deliver its verdict in the next several weeks.

The investigation into Lee and Samsung began after a former lawyer for the company accused Samsung of establishing slush funds from which to bribe public officials, but investigators were unable to prove those accusations in their three-month inquiry.

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