Targeting mostly the mid and mid-premium market, Wyndham will bring in globally established brands like Howard Johnson and Hawthorn Suits to India over the next five years, said Wyndham's managing director, Frank Trampert.
Piqued by the number of states opting to ban the production, sale and marketing of gutkha, a group of manufacturers under the aegis of the Smokeless Tobacco Association have issued print ads saying it is unfair to ban their products when the tobacco content in these is lower than that in cigarettes.
The new packaging norms, which will kick in on November 1, will push up the product prices.
Meru Cabs, launched in 2006, has everything going for it: A credible brand, loyal customers and a transparent pricing mechanism and technology. But, the only thing missing is profits. Meru wants to change that now. Says Meru CEO Siddhartha Pawha: FY13 will be focused towards achieving the last target.
In fact, when it comes to engaging fans on social networking sites such as Facebook, Indian brands have done better than their global peers -- in terms of growth rate and in some cases, even in the absolute number of fans.
Government-owned Prasar Bharati, the country's largest broadcaster, had decided to sue the Television Audience Measurement (TAM) agency, citing an alleged inaccurate representation of data on Doordarshan's coverage, said an official. The legal suit would be filed in India within a week, the official added.
Country's scientific community may be at the cusp of securing a Nobel in the physical sciences, says Devijyot Ghoshal
Jayanthi Natarajan's tough stand ensures recognition abroad, but red-tapism & bureaucracy continue to delay approvals in India.
The leader in pizza delivery, which is set to go for an image makeover in the US market beginning October, will take the new brand identity to all its major international markets, said Richard Allison, executive vice-president, Domino's Pizza International.
Coca-Cola has received clearance from the government to manufacture energy drinks in the country.
For the quarter ended June, most FMCG companies reported growth of 15-20 per cent in revenue, as demand for daily-use items continued to be high.
Designco's sprint from brass mill to mass supplier in high-quality home decor to the likes of Walmart and IKEA showcases the transformational scale of a sourcing shift
When set up in 1993 by the Ranka family's Modern Group, this was the first terry towel manufacturing unit in the whole of Asia, to be followed by Welspun and Trident.
The crowd at the Confederation of Indian Industry's annual general meeting and national conference 2012 merely issued a round of half-hearted applause, though finance minister Pranab Mukherjee had earlier hinted a rate cut was in the offing in the next 'half an hour'.
Shell's major projects in the region include the deep-water Gumusut field in Malaysia and the Shell Eastern Petrochemicals project in Singapore.
Although two-way trade has grown 10-fold since 2000 and is expected to exceed $3 billion this year, according to the Ministry of External Affairs, India's flagship foreign direct investment project in Vietnam -- Tata Steel's proposed $5 billion facility -- remains stalled, largely owing to pending governmental approvals.
India's fiscal policy is not supportive of monetary measures that the country's central bank is employing to fight rampant inflation, the prime minister's honorary economic advisor and former International Monetary Fund chief economist Raghuram Rajan said, while singling out the proposed Food Security Bill as a particular cause for concern.
Economist who predicted global crash says India needs to both spend and tighten and it won't be easy.
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