Twenty-five years on, Coca-Cola is involved in a new search. Arnab Dutta reports.
This could be the first instance when a consumer goods company would move court against NAA. The confrontation began after the government cut tax rates on over 175 items like toothpaste, shampoo, shaving cream and washing powder to 18 per cent from 28 per cent.
While a merger means HUL taking over GSK Consumer's assets, including its employees, any mention of retention of employees beyond the merger is missing in the deal.
Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office
The expansion in total new orders was supported by greater sales to international markets
The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.
The scales started tilting in favour of smartphones in 2014, when a slew of new, yet vibrant, brands entered the market, with their competitively priced offerings helping smartphones become the indispensable device that it has turned into today.
As wholesalers largely failed to meet GST norms, companies were in a fix. According to industry veterans like Sunil Duggal, chief executive of Dabur, the hazard led many to look beyond third-party distribution and take the leap to cover unattended markets directly.
Modi will have limited choice other than stressing upon a request for more time to decide on tariff rates, especially with elections in 2019.
For the second year in a row, India has been recognised as the fifth-best performing nation in reforming the business environment. However, in the two categories that the government was banking on most - "Paying Taxes" and "Resolving Insolvency" - landmark reforms that were expected to yield better results have had the opposite effect. Under the circumstances should the country celebrate already or are there any reasons for worry, wonders Subhayan Chakraborty.
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
But this could be shortlived as the rise has been buoyed on Chhattisgarh assembly poll freebies
Xiaomi now a lifestyle player, quietly launching a slew of non-smartphone products like Mi branded luggage, backpacks, apparel, U-shaped pillows, pens, home security cameras and air purifiers.
Industry estimates suggest that the extent of value addition in the handset space remains at a mere 10 per cent. That effectively means, value-wise 90 per cent of all components used in making a handset continues to be imported.
Almost 40 per cent of a durable company's sales are achieved during the festival season
The estimated 10 per cent average hike in 2019 is at par with the actual rate of increase in the previous three calendar years in India
'Curbs will again lead to the grey market developing, undoing all the work done over the last two-and-a-half years.'
As 4G internet completes coverage of the entire country, rural markets have become the primary generator of sales.
With launch of second plant in Gujarat, company gets ready to take on peers
PepsiCo is now betting aggressively on Kurkure, as its offering goes more and more local in its branded snacks.
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