The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
Health Minister Harsh Vardhan's recent request to Finance Minister Arun Jaitley - for an increase in tax on cigarettes from 45 per cent to 60 per cent in the coming Budget - seems to have had a serious impact on cigarette smokers' pockets.
The report analysed product launches of 2011, their success over three years, and reported 31 of the 14,509 products introduced that year were received well by consumers.
Relaunched and indigenous brands fare better in India.
Unlike Reliance Jio's focus on 4G, it plans to segment the data market based on device prices and spectrum.
Jaipuria has not specified the amount he is looking to raise, but says this is the right time to tap the capital markets.
FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.
The oralcare major has kept its ears firmly to the ground, pushing products into the hinterland and is holding fort in urban India with innovation for continued volume growth.
The market could see a fresh round of tariff war, similar to what happened in the voice market a few years ago.
This comes in the wake of allegations of financial irregularities by the erstwhile management led by Harish Moolchandani.
Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.
Growth in cities has lagged villages as consumers troubled by persistently high inflation have cut spending in the past two years.
However, international fast-food chains have had to change this business model completely, to adapt to Indian preferences.
As far as Saffola is concerned, oil and oats have been successful segments.
Indian consumer durable market faces competition from Korean dealers.
The heat wave that began a few weeks ago as well as the prediction of a possible El Nino weather phenomenon this year has beverage and ice-cream makers hope for a 15-20 per cent growth in sales in May
Improve speed of delivery, introduce smaller packs, create greater value
The move to launch two new premium products back-to-back is significant since it marks the first attempt by Amul to trade up its portfolio.
Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing.
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.
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