Industry sources said all the iPhone 7 handsets shipped in had been sold out.
Industry watchers attribute a lot of the current successes of the $6 billion Hero Group to how B M Munjal planned and executed succession in HeroCorp, balancing the interests of other family-owned businesses.
Other legal options include approaching the NCLT alleging mismanagement and oppression of minority shareholder
Tata Group expects to do some tightrope walking on legal issues in the days ahead.
The festive season, which usually starts from September, is when 35 per cent annual sales get transacted for most durables firms.
A company executive said a recently opened museum at Rashtrapati Bhawan was the trigger for getting a restaurant in the complex as visitors come from far-flung places
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
The company will meet DGCA next week and is putting in place a strategy to contain the damage
Plans a high-voltage relaunch of Note7, multi-media campaign before new iPhone launch
Compliance costs and legal scrutiny could rise.
'The Indian state is very benevolent when it comes to corporates,' says Tom Thomas, chief executive officer of Praxis, and convenor of CRW India.
Companies bank on festive season to beat slow market blues
Last year, Apple had shipped close to 2 million units into India, this year, the target is to reach 3 million units
Indians prefer to buy electronic products such as smartphones offline. The reason being the ability to "touch and feel"
'In two years there will be consolidation. Look at the Indian brands now. Only three of us are surviving, many others have died. What will differentiate us are two things -- timing of our launches in the market and the communication to the consumer," Narendra Bansal, CMD of Intex, tells Arnab Dutta.
Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain
Sahil Vachani fuels Analjit Singh's new business initiatives
The four 'gaushalas' or cow shelters will work on improving productivity of Indian cows up to 10 times
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
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