'When you forgive a farmer's loans there is this ideological economists lobby which says: 'That's socialism. And that's bad'.' 'But to forgive the loans of big people, so that they will be interested to invest further is capitalism and is good.'
As the market grows young, old brands go under the knife. In 1897, a young man named Ardeshir Godrej gave up law and turned to making locks. He went on to make safes and security equipment, and toilet soap from vegetable oil. He wouldn't have imagined that one day the business that started after his name would grow into a conglomerate with over Rs 7,000 crore (Rs 70 billion) in revenues, or that one of its top executives would wear long, red-streaked hair.
The other trend is towards the big and bigger, especially in the retail sector. Take The Great India Place in Noida, Unitech's 15 lakh sq ft "shoppertainment" destination which opened earlier this year.
The consumer durable companies such as Videocon, Samsung and Godrej may be aggressively expanding their own brand outlets
Almost 40 per cent of a durable company's sales are achieved during the festival season
The most sought-after IPOs of 2017-2018 reap handsome gains for investors, but will IPOs this year do well after listing?
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
As the service tax department is probing the evasion of service tax on bulk discounts offered by the print media to advertising agencies
Poultry prices are likely to start firming up in the next four weeks, when the examination season gets over and with the onset of summer in April.
The Indian companies, however, invested a much lower $1.59 billion in overseas markets in the previous month May 2014.
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline
Godrej Consumer Products Ltd is trying to make sure it does not overload shops with stocks. And Marico is teaching store owners to use computers.
The 'Diwali Home Buying Fest' would be organised from Nov 3-9.
FCMG companies which have plants i Npal may take a hit on revenues.
Check out the red carpet.
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
After toilet soaps, which saw a slew of new launches in 2006, shampoos are the next category that fast moving consumer goods companies are betting big on.
After tie-ups with various companies such as Dabur, Sanyo, Godrej and Timex, Reliance Retail is talking to some more companies for roping them in as suppliers to its organised retailing initiative that recently took off from Hyderabad.
Transparency is more than welcome, but govt should not look vindictive.
According to an investment banker, apart from other international suitors, the Indian companies such as Godrej and Marico too have been approached for picking up the stakes in the home and personal care products company.
The country's largest consumer goods company Hindustan Unilever says it has been able to reduce its water use by regular metering, monitoring and controlling of utilities consumption at all its manufacturing sites
The WEF on Tuesday released the names of the 250 young leaders who have been selected Young Global Leaders 2007.
The investments include the supply chain, but exclude real estate component.
Star has sold ad slots for the show, which goes on air from January 22 at an estimated Rs 10-13 crore per sponsor, said sources.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Rural retailers are finding that helping farmers earn more helps them create a customer base.
Mumbai civic authorities demolished part of a stage constructed near the residence of socialite Parmeshwar Godrej for the party she is hosting for the couple.
Some of the jokes soar, some nosedive. But to the housefull theatre that laughed at every single bit, it's stuff Diwali releases are made of, writes Sukanya Verma.
Chennai's Great Lakes Institute of management (GLIM) has equipped its students with some knowledge of Mandarin, Chinese history and culture.
Oilseed output to surpass its previous record of 32.75 mt in 2013-14 to 33.59 mt this year
India's cash-rich promoters are not the same as the wealthiest. For example, Mukesh Ambani is the richest Indian based on his stake in Reliance Industries, followed by Premji, the Adani family of the Adani group, and Radhakishan Damani of Avenue Supermarts.
A workshop on the LGBTQ+ community throws light on challenges they face. Meghna Chadha reports.
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