LIC had evinced interest to purchase the land at Baba Kharak Singh Marg at around Rs 800 crore.
Old rivals HUL and Reckitt brag product potencies
After flirting with 'indulgent' variants, Horlicks and Foodles have tasted success with their health and nutrition positioning.
Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.
The market regulator had last month allowed bourses to set up debt segments to develop the country's languishing corporate bond market.
Tribunal ruling in I-T's favour may open floodgates to claims against other MNCs.
The production of durable products (refrigerators, washing machines, air conditioners and conventional television sets) is contracting in India, according to new data released last week.
The last one year has been hectic for Dutch major Philips.
Priority will be to maintain a balance between sector's growth and consumer welfare.
Harpreet Singh Tibb has worked at the largest fast-moving consumer goods company in the country, Hindustan Unilever.
As urban shoppers tighten their belts, companies are betting on rural consumers and smaller packs to fire up sales.
The attempt is to maximise revenues at a time when advertisers are increasingly demanding greater bang for the buck.
In January, consumer price index-based inflation rose for the fourth consecutive month. It stood at 10.78 per cent, against 10.56 per cent in December.
Aim is to boost sales volumes and increase penetration.
According to a presentation by LIC to Parliament standing committee on finance, total investment at the end of March 31, 2012 was Rs 13.49 lakh crore or Rs 13.49 trillion.
The list of companies include big names such as Colgate-Palmolive, Hero, Maruti Suzuki, Hyundai, Videocon, Onida, Arvind Mills, Nokia and Mahindra & Mahindra.
Volume growth, a key metric for most consumer companies, was down to five per cent for HUL in the third quarter from almost 9-10 per cent a year ago.
Primarily trained for a career in FMCG, he shifted to insurance when the opportunity came his way.
Hindustan Unilever, the FMCG major, has posted disappointing numbers for the December quarter on weak consumer sentiment, specially in discretionary categories.
Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.
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