In a bid to expand its haircare portfolio, Kolkata-based Emami is test-marketing a few products, including a shampoo, in Andhra Pradesh. The exercise should be completed in a few months, according to Harsh Agarwal, wholetime director at the company.
Key revenue generator, however, will continue to be advertising sales.
With the economic turnaround now on a firm wicket, the Reserve Bank of India has made restructuring of debt by companies tougher.
A number of public sector banks will have to stock up on core capital, if the Reserve Bank of India decides to ask banks to leave out hybrid instruments while computing Tier-I capital adequacy, as indicated by RBI last week.
Savings bank account holders are a happier lot. The reason: They will earn more on their deposits from April. However, this isn't good news for banks, as their margins will come under pressure
Most ad gurus think the third edition of the Indian Premier League has been a disappointing creative show.
But, Madras HC not happy with P&G disclaimer for Tide Naturals' ad.
Abay Kewadkar, director, Four Seasons Wines, says there is room for expansion of the facility based on initial consumer feedback to the initiative.
Whether it's colas, shoes, mobile connections or vehicles, the celebrity who endorses a product becomes the face of the brand.
Television ad rates see steep rise, advertising pie expected to grow 10%.
UB's beer brand will take on Bacardi's Breezer in the flavoured alcoholic beverage market.
Weak enforcement results in Rs 15,000-cr of imitations sold annually.
The country will be the new battleground for the world's largest and second largest food companies
The buoyant foreign capital flows in debt instruments since the beginning of 2010 could weigh on the Reserve Bank of India's decision on whether to raise policy rates.
With the Reserve Bank of India allowing retired teachers, kirana shop owners and public call office (PCO) operators to be hired as business correspondents, banks are set to hire over 200,000 people over the next few years to push financial inclusion initiatives.
Onida's entry into mobile phones a year and a half ago has been a low-key affair. But not any longer, courtesy its television advertisement which plays on the brand name Nokia phonetically.
This would indicate the beginning of a slowdown after five quarters of robust top line and bottom line growth, say the analysts. They blame rising food inflation as the key reason for the lower consumer offtake.
The country's largest lender will set up wind power projects in Maharashtra (9 Mw), Tamil Nadu (5 Mw) and Gujarat (1.5 Mw) - with a combined capacity of 15.5 Mw - for its captive consumption at various SBI offices and branches in these three states.
The intensification of global financial crisis in the second half of 2008 had forced Indian companies to put on hold their global plans. When going was good till early 2008, Indian banks -- both public and private sector -- played their part, albeit as junior partners to large international banks, in funding deals.
Power seems to have become the new dotcom," a market observer said, referring to the surge in the number of companies of all shapes and sizes wanting to get into the power business.
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