Company to focus on manufacturing & distribution.
According to industry estimates, the sector's revenue would increase eight-10 per cent in 2013-14, against 12 per cent in 2012-13.
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.
This is an effect of general slackening in economic growth; however, this is not true of digital media, where business is booming.
Importers protest as food safety regulator demands adherence to recent law on labelling, blocks entry at ports for packs with stickers.
Chocolate majors, home and surface cleaning companies, beauty brands say that business has been brisk this festive season.
The rap from both the US and UK drug regulators, including the latest one from the latter, has hit the scrip.
In 2011, RB and TTK had dragged each other to court over TTK-LIG, the joint venture set up for manufacturing condoms.
In the last few years, zero per cent financing has become quite attractive as consumers aspire to buy the latest products, especially in categories such as mobile phones and television sets.
Using apps allows AdNear to optimise the number of ad impressions but the push towards stricter privacy norms could pose a challenge.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
In his petition to the Company Law Board filed on September 9, Bakshi said McDonald's began 'arm-twisting' him to sell his entire shareholding in Connaught Plaza Restaurants, the equal joint venture between him and McDonald's since 2008, at an 'undervalued' price of $5 million, later raised to $7 million.
FSSAI will put the draft guidelines in front of a seven-member expert committee.
Global private equity (PE) major Carlyle is in talks with renowned cardiac surgeon Dr Naresh Trehan to acquire a minority stake in his Gurgaon-based multi-super speciality hospital, Medanta -The Medicity.
Indian firm to soon launch copycat of anti-breast-cancer drug.
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High retail inflation is exerting pressure on households to cut expenses wherever possible.
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The Companies Bill asked for promoting gender diversity by specifying induction of a minimum number of women directors
No respite in sight as not many big deals, initial public offerings in pipeline.
Women have been and continue to be an integral part of Tata Global Beverages' business, across the world, says Cyrus Mistry.
Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.
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