Kausik Datta &Amp; Priyanka Sangani In Mumbai

Stories by Kausik Datta &Amp; Priyanka Sangani In Mumbai

FMCG firms rev up acquisition tempo

FMCG firms rev up acquisition tempo

Rediff.com   30 May 2007

With substantial cash reserves, a buoyant domestic market and increasing global opportunities, almost every consumer goods (FMCG) company is looking for acquisition targets.

Essar to monetise 33% Hutch stake

Essar to monetise 33% Hutch stake

Rediff.com   29 May 2007

This delay was a result of controversies over a 15 per cent holding by Hutchison-Essar Managing Director Asim Ghosh, healthcare major Max's Analjit Singh and financial institution IDFC.

No more kids in advertisements?

No more kids in advertisements?

Rediff.com   25 May 2007

There is also a growing realisation amongst companies that very small children are not able to comprehend communication properly.

Holcim, Birla in race for market leadership

Holcim, Birla in race for market leadership

Rediff.com   24 May 2007

Aditya Birla Group and Holcim are rapidly increasing capacity in a bid to become the largest player in India's cement industry.

IPOs set to break all records

IPOs set to break all records

Rediff.com   23 May 2007

Market-men expect these offers will compete head to head for investors' fund of over Rs 24,000 crore next month.

Suzlon readies Euro625 mn for REpower purchase

Suzlon readies Euro625 mn for REpower purchase

Rediff.com   22 May 2007

Ahmedabadbased Suzlon Energy has tied up funds for its Euro1.2 billion (Rs 6,543 crore) bid for the German power company, REpower, even before the last date for raising bid by the rival French giant Areva expires on Thursday.

No Esops for nominees, LIC, GIC tell companies

No Esops for nominees, LIC, GIC tell companies

Rediff.com   10 May 2007

"We have written to all the companies in which we have nominee-directors, asking them not to give Esops," said LIC managing director D K Mehrotra. He said there were more than 100 companies in which LIC had nominee-directors.

Murdoch plans to launch <i>Sun</i> with Sun group

Murdoch plans to launch Sun with Sun group

Rediff.com   9 May 2007

The Sun, the flagship publication of Murdoch's News Corporation, is in talks with Maran's Sun group to launch an English tabloid in the country.

Tata Steel may launch GDRs in Singapore

Tata Steel may launch GDRs in Singapore

Rediff.com   8 May 2007

This will be over and above a Rs 3,655-crore domestic rights issue and a Rs 4,350 crore convertible preference share issue the company announced last month.

GSL may take over Sara Lee business in India

GSL may take over Sara Lee business in India

Rediff.com   4 May 2007

At present, Godrej Sara Lee's portfolio largely consists of household insecticide brands like Hit and Good Knight in India, apart from Sara Lee's air purifier brand, Ambi Pur.

How a small trader became a metal king

How a small trader became a metal king

Rediff.com   27 Apr 2007

Agarwal's is a classic story of a small trader becoming metal king. The secret, he says, lies in believing in himself and in the country's potential.

Star to lose Rs 100 crore HLL ad deal

Star to lose Rs 100 crore HLL ad deal

Rediff.com   24 Apr 2007

Broadcaster Star India stands to lose Rs 100 crore (Rs 1 billion) following the decision of India's largest advertiser Hindustan Lever to pull its advertising off the Star network.

Reddy family likely to exit Maxwell

Reddy family likely to exit Maxwell

Rediff.com   23 Apr 2007

To sell 32% stake for Rs 100 crore.

Schneider in final talks to buy Anchor

Schneider in final talks to buy Anchor

Rediff.com   23 Apr 2007

French electrical major Schneider Electricals SA is in advanced stages of negotiations with the Mumbai-based Shah family to acquire Anchor Electricals, the country's leading electrical equipment maker.

Investors eye markets abroad

Investors eye markets abroad

Rediff.com   20 Apr 2007

They prefer foreign markets owing to comparatively lower margins than Indian exchanges.

Ash-Abhi wedding gets 'branded'

Ash-Abhi wedding gets 'branded'

Rediff.com   18 Apr 2007

The month-long carnival (after the April 20 wedding) will be held in 10 or12 cities and will showcase a collage of the couple's films, paintings and photographs, apart from exhibiting Gitanjali's new wedding collection.

Ad agencies hunt for media strategists

Ad agencies hunt for media strategists

Rediff.com   16 Apr 2007

Earlier this year, ad agency Leo Burnett returned to the Indian Institute of Management, Bangalore, after a gap of six years and hired six graduates as strategy planners.

Develop mines or leave: Ranchi tells Sesa Goa

Develop mines or leave: Ranchi tells Sesa Goa

Rediff.com   16 Apr 2007

Sesa Goa has received a showcause notice from the Jharkhand government asking it why its prospective licence for iron ore mines in the state should not be cancelled.

RIL has 28.7 mn shares for half its employees

RIL has 28.7 mn shares for half its employees

Rediff.com   16 Apr 2007

Reliance Industries, the country's most valuable company, has launched an employee stock option scheme to reward nearly half of its workforce.

Ad gurus upstaged by new names in Asian rankings

Ad gurus upstaged by new names in Asian rankings

Rediff.com   13 Apr 2007

The rankings are based on the performance of ad agencies and ad men at major international creative advertising awards like Cannes, The One Show, D&AD and Clio.