Stung by the controversy over the sudden sacking of the Managing Director at India's largest microfinance institution, SKS Microfinance, lenders have decided to raise corporate governance issues at board meetings of other MFIs.
Mapping of spreads means effective rates in the base rate system are lower.
In an effort to grab a share of the hefty Diwali bonus to employees in government and corporate sector, country's largest lender State Bank of India may raise the interest rate on term deposit rates in next few days.
Customers can meet in the Sapphire conference room, put away their valuables in the Topaz locker room and freshen up in the Opal dressing room.
According to industry experts, chlorine is one of the most commonly used chemicals to purify water though not necessarily the best method to do so on account of its ability to produce disinfection byproducts, which are harmful chemical compounds.
At 10 per cent of the overall Rs 2,000-crore (Rs 20-billion) chocolate market, the premium segment is small. Yet, it is growing at a steady 30-40 per cent per annum, according to industry estimates.
The ball, explains the division's new head of marketing, Vidur Vyas, was set rolling a few years earlier, when Pepsi Foods cut saturated fats in key snack brands such as Lays and Kurkure by close to 40 per cent.
Borges has already launched the microwave variant under the Popitas brand in June this year.
Construction major Shapoorji Pallonji & Co will set up a real estate fund in the next one year. The fund will focus on investments in the domestic market, according to Shapoor Mistry, chairman of Eureka Forbes, a part of the Shapoorji Pallonji group.
A senior bank official said the preliminary report would come in three months.
ITC, a competitor in fast moving consumer goods, is likely to extend its Vivel personal care range to deodarants and talcs.
The Kraft-Cadbury combine is likely to herald its presence in India with confectionery products. The reasons are evident.
The firm is looking to raise as much as Rs 1,000 crore through short-term commercial paper.
As the buzz about UK-based SABMiller making an estimated $12-billion bid for Australia's leading premium branded drinks company Foster's beer business continues, India, say analysts, holds the key to the bid.
The rain gods, it appears, will play a role in the decision of fast moving consumer goods companies to either raise or maintain prices of their products in the second quarter of the financial year.
The scaling down of the branch expansion plan is part of SBI's overall game plan to check costs.
Godrej to focus more on own brands as the licensing agreement with Sara Lee ends in two years.
With the Indian Premier League (IPL) story getting murkier, investigative agencies have cast their net wide to include banks. The idea is to dig out information about their financial exposure to the 10 IPL franchisees.
In what will be a cross-country movement of products, Godrej Consumer Private Ltd (GCPL) may introduce some of its international brands in India this year. The move is aimed at securing its presence at the premium end of the personal care market, a segment it is not too strong in.
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