In the last month and a half, Danone has announced initiatives in China, Japan and Thailand, indicating a significant role played by Asia in the gameplan of the Euro13 billion dairy major.
Britannia, which holds over 38 per cent of the market in value terms, is investing Rs 130 crore (Rs 1.3 billion) to increase its capacity, 433,000 tonnes of biscuit last year, by 20,000 tonnes.The move is designed to wrest market leadership in volume terms as well, a position now held by rival Parle.
Using drones and remote-sensing equipment, rescue teams intensified efforts on Wednesday to reach the 25-35 men trapped in a sludge-choked tunnel since the Uttarakhand glacier disaster three days ago and more than 170 remained missing, hopes of finding them alive fading with every passing hour.
'I am proud of Maharashtra and the city of Mumbai, that this is a state which has done more number of tests than any state in India.' 'The more you test, the more number of cases you will pick up.' 'If you do not do the tests, then you are groping in the dark.'
Diageo gets assurance, Heineken may seek one, too.
Cyrus Mistry, who was replaced as chairman of Tata Sons last Monday, October 24, still serves as the chairman of Tata Steel, Tata Motors, Tata Consultancy Services, Indian Hotels, Tata Global Beverages, Tata Chemicals, Tata Industries and Tata Teleservices.
The Central Excise Department said it has slapped service tax of Rs 6 crore on the Preity Zinta co-owned KPH Dream Cricket, which is part owner of IPL franchise Kings XI Punjab.
Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
And no, the list doesn't start and stop with Boman Irani!
The Ambanis are the only Indian family on the top 10 richest families list in Asia.
Vishal Kampani said one of the important lessons he learnt from his father was to be humble.
In peace and at war, firms remain tethered to promoter families in a uniquely Indian way.
Zee Group is India's second-largest media and entertainment firm.
Social media is the new advertising tool for today's politicians and political parties, says Viveat Susan Pinto
Britannia, which last week announced a management rejig putting COO Varun Berry in charge of Indian operations, has always believed in quickly identifying new trends in the food and beverage segment.
While it will most certainly impact his personal credit record, it will also have repercussions for his other businesses and companies he is associated with.
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/Rediff.com, the IPL made the BCCI richer by over Rs 3 billion!
Here's a closer look at the showcause notices issued to Lalit Modi
What you need to know about M S Sathyu's classic Garm Hawa.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
Engineering conglomerate fended off three corporate raids but emerged stronger.
Deven Verma passed away into the ages on December 2. We re-publish an interview done with the veteran actor.
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