Temasek’s pricey bite of Haldiram is a risky bet on India’s consumer market
[ad_1] At its best, Haldiram Snack Food Pvt. Ltd is a great example of a successful Indian family business. At its worst, it is a purveyor of products that have become an unhealthy addiction for India’s middle class. Private equity feeds on such dichotomies. Which explains why Temasek picked up a 10% stake in India’s largest…