Tata Seeks Control Of Haldiram's, Snack Maker Wants $10 Billion Valuation

If this deal comes to fruition, Tata group would find itself in direct competition with Pepsi and Mukesh Ambani's Reliance Retail. Haldiram's, a well-known brand in India, is also in discussions with private equity firms, including Bain Capital, regarding the potential sale of a 10% stake.