...followed by financial services, IT, and sales and marketing.
The patriarch of the Rs 16,000-crore (Rs 160-billion) diversified conglomerate RPG Enterprises, R P Goenka said on Friday that the empire would be divided between his two sons by December this year.
Kolkata-based Spencer's Retail is scouting for international lifestyle brands, and is in talks with several global firms dealing in apparel, footwear, luxury retail and lifestyle products.
RPG Enterprises' vice-chairman is upbeat about retail firm Spencer's and talks of a pan-India growth plan for power company CESC.
Industry leaders, including Mahindra Group chairman Anand Mahindra, RPG Enterprises chairman Harsh Goenka and Biocon Ltd chairperson Kiran Mazumdar-Shaw on Monday came out in support of the Agnipath scheme, saying it has large potential for employment of youth in the corporate sector. Mahindra also expressed dismay over the violence against the scheme while asserting that the farm equipment to aerospace conglomerate welcomes the opportunity to recruit trained, capable and young people under the programme. The Agnipath scheme, announced on June 14, provides for the recruitment of youths between the age bracket of 17-and-half years to 21 for only four years with a provision to retain 25 per cent of them for 15 more years.
Spencer's Retail, part of the Rs 11,000 crore (Rs 110 billion) RPG group, is looking for foreign retail partners for foraying into luxury retail as well as strengthening its presence in consumer electronics.
Unlike many other B-schools, IIM Ahmedabad follows a cluster system of final placements process where sectors are invited in cohorts at regular intervals.
Anand Raghuraman, partner, The Boston Consulting Group, said it is extremely tough to make money on small food and grocery stores.
The BPO's board will meet on Friday to finalise deal.
IT-BPO company Zensar to have 30% workforce based at home to cut office spends, draw talent
RPG Group company KEC International on Tuesday said that it would acquire US-based SAE Towers Holdings for $95 million.
Anant Goenka, 30, son of RPG Group chairman Harsh Goenka, will take over as managing director of Ceat, where he is currently deputy managing director a post the tyre producer created two years ago.
The CD, which will have 1940s' film songs, will remind Pakistanis of undivided India and the undivided talent in the Bombay film industry. The first song is Jab Dil Hi Toot Gaya by Kundan Lal Sehgal from the film Shahjahan. The album signs off with the title track of Kabhi Alvida Na Kehna by Sonu Nigam.
Rediff.com readers wish the India batting maestro on his 53rd birthday.
Supermarket chain Spencer's Retail Limited has lined up a capital expenditure of Rs 400 crore (Rs 4 billion) for south during the current financial year.
Zensar Technologies, the Rs 900 crore RPG Group's software services company, expects Rs 200 crore from its domestic business this fiscal, up from Rs 40 crore last year. In an interview with Pradipta Mukherjee, Vice-Chairman and CEO Ganesh Natarajan says the company is on an expansion and hiring mode, defying the freeze in the industry
Ceat, the tyre manufacturing company of the Rs 16,000-crore RPG Group, will double the capacity of the radial unit it has set up in Halol, Gujarat, with an additional investment of Rs 630 crore.
The site, christened MySpace India, will offer music through its partnership with SaReGaMa, the well-known music label owned by the RPG group. The site will organise a group of 30 aspiring bands from across three cities for the initiative. MySpace India industry alliances include a partnership with India's largest television network Star TV.
A foreign visitor to the city agreed, but with a note of caution. "West Bengal as an investment destination remains to be first on the list for the Australian mining companies as this state is rich in minerals," said John McCarthy, Australian High Commissioner to India, in Kolkata to attend a seminar.
The move comes on the back of a series of next generation family members taking over the reins from current promoters. Roshni Nadar, daughter of HCL founder Shiv Nadar, took over as CEO of the company in July. Nandini Piramal, eldest child of Ajay and Swati Piramal, became executive director of Piramal Healthcare in April.
CEAT was for all practical purposes a sick company in 2001.
Spencer's Retail, the retail arm of RPG Group, says it has seen a 30-40 per cent decline in the rentals in Tier-II and -III cities. In Tier-I and metropolitan cities, the correction is in the range of 15-20 per cent, and a further correction and its impact is likely to come in the next few months.
The incident happened in Bagh-e-Shamal village of the provincial capital Pul-e-Khomre, TOLOnews reported, citing local officials.
Spencer's Retail, the Rs 800-crore retail arm of the RPG Group, will expand its range of fashion merchandise with the launch of private labels as well as foreign apparel brands, in an attempt to revamp its image as a fashion-centric brand instead of just a food retail chain.
Saregama India Limited, a RPG group company, has re-focussed its strategy to increase revenues from digital downloads and home video in the face of stiff competition from FM radio channels and threat of piracy.
A part of the process gas generated during the production of carbon black could be converted into power for sale
The blast occurred when Israeli reservists were preparing explosives to demolish two buildings in central Gaza when a Hamas militant fired a rocket-propelled grenade at a tank nearby. T
The identities of the victims have not been disclosed.
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