PARIS – Is L’Oréal poised to make a major deal in India? Media reports swirled Friday that the French beauty giant is in discussions to acquire a majority stake in Innovist, an Indian personal care company. It comes at a time when L’Oréal is looking to muscle up in the country. More from WWD Moneycontrol, an Indian financial and business portal, first published speculation that L’Oréal is nearing the purchase of Innovist, which is valued at 3,240 crore to 4,170 crore, or $350 million to $450 million. The ...