Peter Broegger, senior vice-president (Asia-Pacific), Mattel East Asia, will visit India this month in an attempt to restore confidence among stakeholders, rattled by a spate of departures by senior executives.
The branding exercise is estimated cost Rs 100-200 crore to the Tata Group.
US-based Apollo Global has picked up stake in Indian firms which are not doing that well financially.
Harsh Mariwala, outgoing MD of Marico has high hopes from Saugata Gupta.
Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.
The Aditya Birla group has slammed rating firm Moody's for placing Novelis, the group's aluminium products subsidiary, in line for a possible downgrade to default.
The once-powerful Japanese major is left with little to show in the face of sustained competition from rivals.
The 58-year-old go-to man at the consumer goods maker will helm Global Beverages & Foods that will launch confectioneries, juices and snacks in six-nine months.
Endorsements from actors like Amitabh Bachchan and Surya marks Heinz's renewed bid for a market dominated by Horlicks.
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Social media is the new advertising tool for today's politicians and political parties, says Viveat Susan Pinto
November IIP data show a fall of over 20%, led by automobiles, gems & jewellery and home appliances; turnaround seen as unlikely.
Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Lenders to Kingfisher Airlines, led by State Bank of India, had moved courts to get residual rights over these shares after Srei recovered the collateral from the defunct Kingfisher Airlines, making it difficult for Srei to sell the shares, said a legal source.
The agency proposes to improve revenues from non-advertising segments, integrate non-traditional disciplines and strengthen sister agencies Orchard and Black Pencil.
Company to focus on manufacturing & distribution.
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.
In the quarter ended September, the company's employee costs rose to an all-time high of Rs 1,580 crore (Rs 15.8 billion), even as company's margins took a beating.
Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.
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