Marico's chief executive officer (Consumer Products Business) Saugata Gupta, too, affirmed that his company was being cautious in dealings with such retailers. FMCG companies work on tight credit cycles. On the other hand, modern trade retailers such as Aditya Birla Group's More, RPG's Spencer, Mukesh Ambani group's Reliance Fresh, Subhiksha and Vishal have been expanding aggressively over the last couple of years.
Reader Neeta and Venky Rajaraman sent us a photograph.
The company, which has liquid detergent brands like Ezee and liquid cleaning agent brands like Godrej Dish Wash Liquid and Kiwi Kleen, is looking at companies that have good brands and distribution networks, largely in household care (detergents, cleaning agents segment) and haircare, with focus on colours and hair dyes. "Given the right opportunity, the company will spend around $100 million (Rs 5 billion)," said a source close to the development.
It is the two women directors in Shuruaat Ka Twist who end up making the best films, feels Sreehari Nair.
While the interest from Hinduja is a positive sign for the grounded airline, executives of banks cautioned that there is no certainty that the deal will fructify. The cost of recapitalising Jet Airways is increasing every day.
After its Rs 462-crore (Rs 4.62 billion) initial share sale, the real estate developer Godrej Properties on Tuesday said it plans to raise around Rs 3,000 crore (Rs 30 billion) through debt or equity to fund its expansion plans over the next two-three years.
Aditya Birla Retail on Thursday said its sales, even in Pune, have not been impacted by the spreading disease swine flu.
A look at the top tweets from your favourite Bollywood celebrities.
The slowdown is behind us and the country will grow at around 9-10 per cent, believes Adi Godrej, chairman of the Godrej Group.
Director Tarun Mansukhani, of Dostana fame, talks to Arthur J Pais
ISB has introduced this concept, christened "Shadow a CEO", to mobilise funds for charity and allow its students to work with the Who's Who of India Inc for a day. Some 16 CEOs have agreed to participate. "We not only want to put the money generated for benefit of the society, but also let our students experience the joy of operating with a CEO for a day," said Ajit Rangnekar, Dean of ISB.
The Godrej group is revising its investment plans and revisiting its growth targets for the current financial year, as well as for the next five years, in anticipating of a higher GDP growth rate now that the Congress-led United Progressive Alliance government is firmly in the saddle for a second term at the Centre.
Even while the entire world is grappling with a downturn, we are maintaining a solid growth rate of 6 to 7 per cent. That's simply commendable.
Easily the biggest high-power gathering and by far the starriest event staged in Gujarat, concluded at the Reliance petro township in Jamnagar on Sunday.
Raja Sen advises Aditya Chopra not to make a film that feels over a decade old.
A good story and great performances make this an engrossing film to watch.
"A rising rupee is a good time to go and acquire companies abroad," Godrej Group Chairman Adi Godrej said at the India Economic Summit in New Delhi on Monday.
The US State Department's reply to Chairman Tom Lantos covered by the Washington Post is not a revelation, but only a repetition of what was plain as noon-day sun for anyone with a modicum of political savvy. In that sense, again, US Ambassador to India David Mulford is spot on when he says that all that the letter says had already been conveyed in an open and transparent manner to New Delhi and was already known to those whose business it was to keep track of developments
The Confederation of Indian Industry expects an upswing in the Indo-UK bilateral relations under new British Prime Minister Gordon Brown.
Wellness expert Roopashree Sharma tells you how you can use natural methods to improve your health.
Richest 10 account for 41% of promoter wealth, up from 33% in December 2018, says Krishna Kant.
Ram Reddy's spins a slick, commercial potboiler where the cast does a fairly neat job.
She is the first Indian woman scientist, who has been knighted for her services, it said.
'Now we will have real employees as the owner of the airline.'
The duo were spotted outside the Royal China restaurant in Bandra, northwest Mumbai.
Jhoom Barabaar Jhoom flopping and Himesh's film succeeding would be the best thing to happen to Bollywood.
West Bengal Chief Minister Mamata Banerjee's maiden visit to the financial capital Mumbai drew an enthusiastic response from India Inc with industry captains queuing up to attend the meeting called by her.
Did you know Rani Mukerji was only 17 when she starred in Kuch Kuch Hota Hai? Or that Shah Rukh Khan's son Aryan was born soon after the song Koi Mil Gaya was shot? Interesting KKHH trivia, 20 years after it made history.
After acquisitions in Europe and Africa in the last 12 months, the Godrej group is now looking at possible acquisitions in Brazil and Indonesia.
'I'm an extrovert, but there is a facet to me that I closely guard.' 'I just think that there has to be something that you keep for yourself.
. Jayendra also offered 'arthi' to the idol of Adi Sankara, Mutt sources said.
Tata Power said on Friday it has signed an agreement with Germany's Siemens Power Generation and Korea's Doosan Heavy Industries to bid for ultra mega power projects of up to 4,000 MW capacity.
Frank Lampard scored for the fifth time in six games and claimed bragging rights over former Chelsea team mate Didier Drogba as New York City FC beat Montreal Impact 3-1 in Major League Soccer on Sunday.
