Tribunal ruling in I-T's favour may open floodgates to claims against other MNCs.
The production of durable products (refrigerators, washing machines, air conditioners and conventional television sets) is contracting in India, according to new data released last week.
The last one year has been hectic for Dutch major Philips.
Harpreet Singh Tibb has worked at the largest fast-moving consumer goods company in the country, Hindustan Unilever.
As urban shoppers tighten their belts, companies are betting on rural consumers and smaller packs to fire up sales.
The attempt is to maximise revenues at a time when advertisers are increasingly demanding greater bang for the buck.
Telcos likely to get to switch from 2,300-MHz band for 4G services.
In January, consumer price index-based inflation rose for the fourth consecutive month. It stood at 10.78 per cent, against 10.56 per cent in December.
Vendors say Infotel Broadband close to signing tower leasing deals with Anil Ambani company
Volume growth, a key metric for most consumer companies, was down to five per cent for HUL in the third quarter from almost 9-10 per cent a year ago.
Says company yet to file audited accounts, without which it can't proceed.
Hindustan Unilever, the FMCG major, has posted disappointing numbers for the December quarter on weak consumer sentiment, specially in discretionary categories.
Plans to enter the Southeast Asian market through acquisition.
For Vittal, who will take over from the current CEO, Sanjay Kapoor, in March, reversing the telco's shrinking revenues and market share will be among the first of the challenges.
The department of telecommunications, in the draft universal licence guidelines to be signed with telcos which recently won spectrum in the 1800 MHz auction of November, has included a new clause for foreign companies.
The company has commissioned an investment of close to Rs 1,000 crore (Rs 10 billion) over the next five years.
Three Indian companies registered with the Registrar of Companies use the same brand name.
Hardcastle Restaurants to pay royalty of 8% of net sales by 2020, against the current 3%.
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.
Divestment in top PSUs could make the ETF as big as Rs 30,000 crore.
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