According to three people in the know, it is exploring various options, including alliances and joint ventures, and may even exit the business altogether.
Abhijit Roy says second price rise is due to be effective from June.
The launch of 'Makers', priced at a range of Rs 250-390 per metre, is the culmination of a process that started in March last year - a process which was initiated keeping in mind the Rs 6,000 crore (Rs 60 billion) organised textile market poised to grow at 20 per cent in semi-urban India.
The new Indian Institutes of Management appear to be well on their way to a good start, thanks to the mentoring by their established predecessors, says Swati Garg.
The India arm of the 50.9-billion, France-based, Orange Business Services (OBS), offering integrated communication services, is looking at quadrupling its sales in India over the next five years.
When he takes over as the CEO of Berger Paints in June 2012, he would have spent over 16 years with the company in different capacities. He had begun this journey in 1994 as a product manager.
"A number of Indian IT companies that were looking at long-term investments in the region, as a second and third level investment zone, will have to now re-look plans," said Ameet Nivsarkar, vice-president for global trade and development, National Association of Software and Services Companies (Nasscom).
As Partha S Bhattacharyya steps down as CMD, the search for a successor is being keenly watched.
Plans 'complete' agricultural solution in mining areas
At present, the auto sector accounts for about 60 per cent of India's current machine tool demand.
Of the 65,000 H-1B visas issued by the US annually, 11,000 were lying vacant at the end of 2010.
Tata had signed a memorandum of understanding with Bangladesh in 2004 for one of the largest foreign direct investment in that country.
At a time when Emami Ltd is hitting the headlines with news on acquisitions and foreign ventures, Aditya V Agarwal, a director and one of the younger scions of the group, shares his thinking with Shine Jacob.
The industry has registered a 29-fold increase in patents over 2005-2008.
The development holds bilateral significance, as both India and Bangladesh had decided to improve economic ties in a 'win-win' mode during Bangladesh Prime Minister Sheikh Hasina's visit earlier this year.
As Air Force One landed in India's financial capital with promises of bonding between the United States and the country in many sectors, one of the key people missing from Barack Obama's 200-member business delegation was, The Dow Chemical Company chief.
Browbeaten by recession and anxiety about mounting protectionism in key markets have led Indian information technology (IT) companies to extend their reach in the countries of Africa, the West Asia and Asia Pacific.
Last week, the Indian markets were all about coal. However, amidst the hype over the debut of Coal India Ltd (CIL) on domestic bourses, what was mostly overlooked was the brand new logo of the world's largest coal miner.
The chief minister's political directive seems to have helped; next test will be the likely change of political guard in the state
Global technology and consultancy giant, Accenture, is currently in the process of setting up operations, by way of a software development and delivery centre in Rajarhat.
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