'The service charge is given to the employees as a part of their salary. Now, employees have been calling to negotiate their salaries to balance the loss that they will face personally. In which case, we won't be able to retain some of them.'
After being cornered by Patanjali and macro-headwinds, ayurveda major Dabur is pulling up its socks. With better sales and improved margins, the firm is now looking to leverage the renewed popularity of ayurveda, mostly ignited by rival Patanjali. Sunil Duggal, bottom, left, chief executive officer, Dabur India, shares his plans and insights with Arnab Dutta.
'The Chinese outdid them in the price game and turned the competitive dynamics at the lower end of the handset market from price to value.'
Thomas Archer Bata says if the tax rate is kept above 20% it will be a very big hit.
Twenty-five years on, Coca-Cola is involved in a new search. Arnab Dutta reports.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
From your fingerprint to most private images and financial info -- all your privacy is under constant threat from hackers.
India on track to be third largest consumer economy by 2025.
The five key components, which are indispensable for any smartphone, cost more than Rs 2,000 even for a budget 3G-enabled 3.5-inch handset.
'India can be the next growth leader for us.'
The American, who moved from US Navy to the corporate world, is considered best suited for this role because of her understanding of both production and distribution. Arnab Dutta & Viveat Susan Pinto report.
Venkatesh Kini, business unit president, Coca-Cola India and South West, shares his plans with Arnab Dutta.
The complaint is against Nestle's 'unfair trade practices'.
The man who owns close to 94 per cent of the shares of Patanjali Ayurved, an unlisted company, does not, however, take a salary or receive dividends.
Mods let Lenovo fight the features battle with premium players like Apple and Samsung and keep the price of the phone low, thereby drawing in aspirational customers who can't afford high-priced feature-rich handsets.
Arnab Dutta traces how Bira 91 is already among the top two in the premium segment in all the cities that it is present in today and how it is giving larger brands Kingfisher and Budweiser a run for their market share.
Nikon India MD Kazuo Ninomiya shares plans of clocking sales worth Rs 1,200 crores in FY18.
Nestle is sure to go for a relaunch of the noodles soon enough with an advertising blitz,
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
'Maggi issue gave us room for introspection.'
'In two years there will be consolidation. Look at the Indian brands now. Only three of us are surviving, many others have died. What will differentiate us are two things -- timing of our launches in the market and the communication to the consumer," Narendra Bansal, CMD of Intex, tells Arnab Dutta.
Suresh Narayanan, chairman & managing director, Nestl India, shares tips on crisis management.
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