With bouyant demand in domestic market, increasing exports, the co would need to set up a second manufacturing plant in about three years.
Bharti Infratel is a provider of telecom towers and related infrastructure and on a consolidated basis, is one of the largest in India, "based on the number of towers that Bharti Infratel owns and operates and the number of towers owned or operated by Indus, that are represented by Bharti Infratel's 42 per cent equity interest in Indus," according to the offer document.
Market leader with 20.6% share in the air conditioning segment.
Govt to bear Rs 12k-cr cost of spectrum retention but without any cash outgo put up for Cabinet nod.
In a slowing Indian market, where intense competition is already squeezing margins, this is evidence of another pressure that consumer electronics firms are dealing with.
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.
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.
India Gas Solutions the equal joint venture between the two companies, is looking to sell LNG to five power producers in Andhra Pradesh - GMR, GVK, Lanco Infratech, Sravanthi Energy and Konaseema Gas.
There are some companies in the sector that have seen a decline in revenues but their performance is not sufficient to cause such a decline in industrial production data.
Newer telecom operators and dual technology entities are opposing the department of telecommunications (DoT)'s decision to ask the Telecom Regulatory Authority of India (Trai) to give its view on whether the price of spectrum being offered in the coming 2G auction should be valid for 10 years instead of 20 years.
But few analysts have played down the impact of the Telecom Regulatory Authority of India recommendations.
Mobile content provider Planet 41 Mobiventures says that it sells as many as 10,000 'motion comic' books per day.
The operator is planning to turn aggressive in adding subscribers.
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