For instance, a pack of 20 Classic branded cigarettes (from ITC) now costs Rs 120.
After five years and numerous attempts to launch outlets in India, coffee house giant Starbucks will finally roll out its cafes here, in partnership with Tata Global Beverages (TGB), by August-September. John Culver, president, of the chain's China and Asia Pacific region, tells what the joint venture (JV) means for it and the way ahead.
After five years and numerous attempts to launch outlets in India, coffee house giant Starbucks will finally roll out its cafes here, in partnership with Tata Global Beverages (TGB), by August-September. John Culver, president, of the chain's China and Asia Pacific region, tells what the joint venture (JV) means for it and the way ahead.
The poster boys of Indian private equity are getting a reality check. If last year many of them branched out independently with their entrepreneurial PE shops, many are scaling down or biting the dust a year down the line.
Automotive designer Dilip Chhabria is planning to raise about Rs 100 crore to fund a new super-luxury car project for DC Design that he promotes, banking sources said on Tuesday.
Companies are likely to see lower volume growth as consumers remain wary of spending.
PE firm goes in for image makeover, appoints advisory group.
This includes input substitution, overhead management, rationalising personnel - all aimed at reining in expenditure.
Indian pharmaceutical companies, which always wanted a big share in the global copycat drug market, are betting high on the oral contraceptive (OC) market in America.
Its first and only investment in India out of its Asia-dedicated fund has gone bad.
India Inc expects 25-30% sales growth, lower than 40% last year.
The move comes at a time when the company is looking to strengthen its position in soaps.
Hilton's inspiring personal memoir seems to have inspired sons of India's top corporate honchos. Only they are not following in their fathers' footsteps to make their presence felt.
Tapping opportunities in this growing industry, major players are expanding their business and raising funds through the public market or private equity route.
An eight to nine per cent depreciation of the rupee against the dollar in the last one month means companies have to pay more for components or products they import.
Samina Vaziralli, daughter of joint Managing Director M K Hamied, was inducted into the company management. Cipla joins the league of major companies such as Lupin, Wockhardt, Elder Pharma, Piramal Healthcare and JB Chemicals in this regard.
According to market sources, Jhunjhunwala will acquire a significant minority stake in Pipavav.
According to media buyers, the demand for integrations is on the rise, thanks to the ability it has to stand out in a cluttered environment, if done the right way.
It may be Doktor Mom in Russia, or Farex in India.
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