Land parcels acquired for 58 new projects, which are yet to be launched.
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.
Fast growth in organised retail and opening of new malls and stores have raised attrition levels at the shop floor to alarming levels of eight per cent a month, or 96 per cent a year.
They plan to cut shop sizes and look at opening standalone stores after years of losses.
Mounting debt, slowing sales, and rising inventory were at the heart of HDIL's woes.
The list of companies include big names such as Colgate-Palmolive, Hero, Maruti Suzuki, Hyundai, Videocon, Onida, Arvind Mills, Nokia and Mahindra & Mahindra.
Industry estimates R-Day sales are eight times the usual for big retailers.
Primarily trained for a career in FMCG, he shifted to insurance when the opportunity came his way.
The retailer is looking at a break-even this year.
Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.
With just a few organised players such as KB Exports, Freshtrop and Maha Anar in the segment and the vast export potential in western Europe and central Asia and the increasing demand in domestic markets, InI Farms is already a focus area for investors such as Ronnie Screwvala's Unilazer Ventures and venture capital fund Aavishkaar.
Mukesh Ambani-led Reliance Industries Ltd wants to merge four of its associate companies in real estate with its main property development subsidiary, Reliance Commercial Land and Infrastructure Ltd, under the scheme of amalgamation proposed before the Bombay High Court.
Sets up new financial services arm, Amit Goenka joins as CEO.
Shopping websites say it is about first-mover advantage.
Average salary of the 100 best-paid directors is 1% of their companies' net profit.
Puts in checks to reach customers before and after selling the policy.
Regulator fears the insurer may get away without making an open offer.
Thomas Mathew T, managing director, tells Manojit Saha and M Saraswathy about the LIC's strategy and growth plans.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances