On the other hand, wages in the UK and US are projected to rise by a third by 2030
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
Sources aware of the development said as part of the project, the airline had signed an agreement with Reliance Industries Ltd, which would extend quality control services at its coastal terminals for ATF imported by the airline.
As many as 25-30 new products, upgrades and variants will be launched by the Mumbai-based company in the second half of the financial year, even as hope of a demand turnaround remains distant.
Goldman Sachs report says company might buy back shares.
About two dozen car & SUV models and two-wheelers lined up for launch
In the last 3 months, rupee has depreciated 16% against dollar.
BG Exploration and Production India, a part of UK-based BG group and Reliance Industries, hold 30 per cent stake each in the field, while ONGC has a participating interest of 40 per cent.
The company has been in talks with ConocoPhillips and Shell for some time. It now says the MoD's stringent norms on exploration in 'no-go' areas is posing a big challenge in taking the deal forward.
The 36 new properties, which will also include expansion across two new countries, will add 5,431 rooms.
The US-based auto maker told the government an internal probe had revealed the company had violated testing targets
The Chakan plant, which produces the KTM and Bajaj brands, is at present operating with manpower little more than half its total strength.
Tata Motors' passenger vehicle sales stood at 229,325 units in the last financial year, registering a market share of just 8.9 per cent.
Reliance Gas, which had successfully bid for three cities -- Rajahmundry in Andhra Pradesh, Shahdol in Madhya Pradesh and Yanam in Pondicherry -- during the second round of bidding for CGD in 2009.
Over 60-70% of the guests at five-star hotels are foreigners. However, hotels say, if dollar remains at this level, the mix could change.
The company, which produced 970 units on Sunday from the facility, produced 1,250 units on Monday, a senior executive of the company said.
Petroceltic is headquartered in Dublin with offices in Edinburgh, London, Algiers, Varna, Cairo and Rome.
Reason behind for the change in his stance: gas price increase.
Confirming that the company could shift its production to other facilities, Bajaj Auto Managing Director Rajiv Bajaj told Business Standard: "If we take a view that this (labour issue) is going to extend over the next two months, we certainly can do that, and will do that."