PepsiCo India is planning to launch beverages and snacks priced below Rs 5. This is part of a drive to address the mass market looking for nutritional products. The new range, being developed in India, is expected to be launched on a pilot basis in select markets by next year.
Pricing is a vital part of strategy to take high speed broadband to 265 million homes
However, onion arrivals have been normal with farmers bringing in 1,400 tonnes of the bulb to Lasalgaon on Friday, substantially lower than 2,429 tonnes on Thursday, but there is no dearth of supply to mandis.
The government on Friday said it is targeting to raise Rs 18,000 crore (Rs 180 bilion) through the 20 per cent share sale in the country's largest steel-maker SAIL.
An elegant performer, Acer TravelMate X349-M delivers on all common expectations.
Consumers in Delhi and Gujarat will have to cough up more for milk as Gujarat Co-operative Milk Marketing Federation (GCMMF), which owns and markets Amul brand of milk and milk products in the country, has decided to raise the retail prices of milk in these two markets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
The government's move to sell enemy shares comes when it is struggling to meet its target of raising Rs 800 billion from the sale of State assets in the fiscal year ending in March 2019. The Custodian of Enemy Property of India holds around Rs 3,000 crore worth of equity shares besides land and property across India.
In an indication of sustained economic growth, the per capita income in the national capital has increased to Rs 78,690 in the financial year 2007-08 as against the national figure of Rs 33,283.
Armed with rockets and missiles, these helicopters can rain fire on the enemy in rarefied altitudes.
Godl has reached an all-time high recently when it crossed the Rs 18,000 per 10 gram level. A guide on why and how to invest in gold now.
The Survey says the savings rate is likely to rise further with the demographic advantage of a higher proportion of working population.
An Indian would have got Rs 40,141 during 2008-09, if the country's wealth was equally distributed among its citizens, according to the revised estimates of the national income.
The previous United Progressive Alliance government had last year approved pricing of all forms of domestically produced gas at according to a formula suggested by a panel headed by C Rangarajan.
In just four days of auction, the bid for the pan-Indian broadband wireless access spectrum has gone up by three times to Rs 5,245 crore (Rs 52.45 billion) against the base price of Rs 1,750 crore (Rs 17.50 billion).
The revenue from the 3G spectrum sale touched a whopping Rs 58,416 crore (Rs 584.16 billion) with the bid for a national third generation mobile licence hitting Rs 14,446 crore (Rs 144.46 billion) on Day 28 of the auction on Wednesday.
Reliance Industries has said that developing smaller gas fields in the KG-D6 block is economically unviable at the current price of $4.20 per mmBtu and it may seek a rate of at least $6 per mmBtu in 2014, when the fields are put into production.
Most firms have seen their share prices fall after announcements. Analysts are questioning the rationale for companies buying back shares at a time when stock markets are tumbling, which doesn't help investors' confidence. They are asking whether companies should have put their capital to better use like loan repayments, etc. Others feel that companies can do precious little if market sentiments continue to be negative.
India's per capita income is projected to soar by 10.4 per cent to Rs 74,920 in 2013-14 as the country becomes a $1.7 trillion economy.
The individuals and HUFs are seeking effective reduction in tax incidence through hike in threshold limit of income tax exemption, restoration of standard deduction, increase in exemptions U/s 80 C etc
Even as the prices of food items in the international market dropped sharply from their peak in 2008 in response to higher global stocks and improved export supplies, food prices in most of the developing countries have defied this trend and remain high.
Consumer spending patterns are witnessing mega-shifts with implications for all involved parties, says Arvind Singhal.
ICICI Pru's IPO is being managed by 10 investment banks, including Bank of America Merrill Lynch and ICICI Securities
Mahesh Nandurkar, executive director and India Strategist at CLSA, talks to Puneet Wadhwa ahead of their 21st India Forum on his interpretation of how the markets have played out over the past few months, the road ahead, and his sector preferences in this backdrop.
IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation.
Gold prices will rise next year as the financial crisis pushes more investors into the precious metal safe haven, according to delegates polled on Tuesday during the London Bullion Market Association annual meeting in Kyoto.
"The customers had entered into a three-year contract with us. If we have to sell the apartments at a discounted rate, the customers who are backing out should make up for it," an official said. "If DFL tries to re-sell its apartments in the open market, it will have to reduce prices by a further 10-15 per cent. The new buyers know the expected supply is more than demand," said Rupesh Sankhe, equity analyst, Centrum Broking.
DLF, the country's largest property developer, may retrade its apartments at New Town Heights, Gurgaon, and Garden City, Chennai, at a discount. This is to refund buyers who want to exit the projects, according to a senior company official.
This is mainly due to GST impact on manufacturing and subdued farm output.
Gold has held up better than many expected.
The challenge of merging Ranbaxy into the company has not been factored in.
Under the new methodology, the base year has been changed from 2004-05 to 2011-12 and also in conformity with the international practice, the GDP is now measured at market prices.
A new solution to raise deal speed is expected to avoid hiccups in trading when launched on August 1
Chinese equity prices have remained immune to the erosion in investor confidence witnessed at other centres.
Crude oil is not the only commodity seeing a price correction on fears of an economic slowdown. The same sentiment is driving prices of a range of important industrial metals like copper, zinc, aluminum and the precious metal gold. As a result, prices are now below what they were three months ago.
The Confederation of Indian Industry has pegged the requirement for investment at Rs 280 lakh crore ($4.7 trillion) for five years beginning 2014-15 to make the economy grow by seven per cent a year on an average.
'Investments are like motion pictures rather than still photographs.' 'Business dynamics keep evolving for better or for worse over time.' 'An investor's job is to keep a tab on these developments,' says Viraj Mehta, head-PMS and fund manager, Equirus Securities.
The average income of a person in Bihar was lowest in the country for the year 2006-07, with the monthly income of a person in the state being just a little over Rs 800, Lok Sabha was informed on Wednesday.
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