Shekhar Bajaj, chairman and managing director of the firm, explains to Viveat Susan Pinto on what led to this sales jump, besides throwing light on the benefits accruing to the sector on account of the GST rate cuts in appliances.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
While Reliance has the clout to negotiate prices with suppliers for its e-commerce, not to forget the cost advantage of integrated warehouse and supply chains, Amazon and Walmart are no pushovers, they too have deep pockets.
The group needs to rustle up Rs 5,000 crore in cash and an equal amount in bank guarantees for bail.
The 2.1 percentage point reduction mainly reflects the impact of recent fluctuations in US dollar exchange rates.
With all the brouhaha over GST, and (often) a limited understanding of the long-term forces shaping India's logistics sector, companies seem to have omitted factoring in some underlying trends that could shape supply chain excellence, says Neelesh Mundra.
The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore
Jigar Shah, chief executive officer, Maybank Kim Eng Securities is not certain that the DMart listing would trigger a re-rating of the Indian retailing sector.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Bombay Dyeing is betting on creating a range of unique, customised textile products, a route that is largely unexplored by the home textiles players although several industry reports and consumer behavior studies have talked about the potential for personalisation.
Under Sharma Axis Bank has also taken the lead in focusing on technology, which has now become core to almost every other lender's strategy.
So far, among the IBC cases, SBI has been able to recover Rs 8,500 crore from Tata Steel's acquisition of Bhushan Steel. Another Rs 1,500 crore is in an escrow account on account of Electrosteel Steels.
Begin with ITC. Larsen & Toubro, yes. ICICI and HDFC, yes again.
With organic kitchen gardens, Goa's luxury holiday homes are raising the bar The ease of reaching the destination, the mix of party culture and quietude are some of the reasons why individuals are increasingly investing in Goa
Etihad to have 2 directors even if it dilutes stake to 15%
Sikka has influenced the company to break away from the old mould in more ways than one.
Offering few surprises, Apple Inc shares did not react strongly.
While company would hold on to prices for now, hike likely by end of 2013
Thomas Cook, which is looking to shift its offices to one of the places such as Lower Parel, Dadar, Bandra Kurla Complex or Andheri, is likely to take a decision in the next three to four months.
The Tata Steel Group has extended substantial financial support to the UK business and suffered asset impairment of more than 2 billion pounds in the last 5 years.
Govt's revenue estimates may take hit on spectrum sharing, trading deals
Asian shares ended higher after a string of positive US economic data.
Dilip Shanghvi founded Sun Pharma in 1983.
Currency values were the bigger villain over the 7 years
Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
Bhargav Dasgupta, managing director and chief executive officer of ICICI Lombard, tells Subrata Panda, in an interview that the company has adequate capital for now and does not see a need for fresh infusion through markets over the next few years.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
However, Denmark said it is difficult to conclude on the real intention behind this.
Consensus continues to be cautious with analysts pointing towards tougher days ahead
Anil Ambani will take over as the chairman of Pipavav Defence
Will the next generation possess an even more internationalist outlook, and lose their Indian identities entirely? Will they continue to believe in a larger role for business in society and go beyond the boardroom to truly understand the Indian consumer, ask Geoffrey Jones & Vinay Sridhar of Harvard Business School.
Vietnam is a key player in India's act east policy under Prime Minister Narendra Modi. From India's perspective, a strategic partnership with Vietnam will only deepen political, economic, and security ties and be a bulwark against China, say Melissa S Hersh and Dr Ajey Lele
A glance back at some of the important ups and down Indian Inc faced in 2018.
'This coming general election is not going to be about manifestoes.'
The company's operations are slated to commence in Burkina Faso and Ivory Coast next week.
I did a lousy job of making my wife understand the need for me to start my own business and this haunted me through my start-up journey.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
