In an aggressive bid to double its sales and garner 20 per cent market share in India, Skoda Auto will launch seven models and variants in the next one year, a top company official today said.
These coupes, SUVs and sedans are anything but wallet-friendly over the long term.
Indian brokerage arm of global investment banker Morgan Stanley has sought RBI's approval to start proprietary trading under which it will be able to buy and sell securities on its own account.
The Bangalore-headquartered company will henceforth focus on tactical advertisements, which will generate immediate sales. Titan's advertising budget this year is estimated to be about Rs 180 crore. In the current financial year, the company has already spent Rs 160 crore on advertising. Though the company has not made any cut on the ad budget yet, it expects that the adspend will drop.
Wills Lifestyle has lined up new marketing strategies and product launches, targeting the womenswear segment in an attempt to double revenues from this burgeoning category. According to Atul Chand, divisional chief executive of Wills Lifestyle, womenswear currently contributes 35-40 per cent to the turnover, which the company intends to take to 50-60 per cent soon.
'He was sought after because he delivered.' Ishita Ayan Dutt profiles Tata Steel's new boss.
An agreement was reached in Islamabad during a meeting between Pakistan Finance Minister Ishaq Dar and Xu Ziqin, President of state-owned China Shipbuilding & Offshore International Company Limited -- the trade arm of China Shipbuilding Industry Corporation.
Describing the organisers of the 26/11 and Kabul embassy attacks as "clients and creations" of Pakistan's Inter-Services Intelligence, India has said those behind the carnages are known to prepare for strikes across the world and cautioned against any compromise with such forces.
Two navy destroyers, the INS Kochi and INS Chennai, fired MR-SAMs simultaneously at two simulated incoming missiles.
In a gross violation of a Supreme Court order, people in several cities burst firecrackers until at least midnight, two hours after the 10 pm deadline. Loud bangs rent the air in New Delhi.
Liquor baron Vijay Mallya, facing probe in a loan default case of IDBI bank, apparently managed to leave the country in spite of a look-out notice against him by CBI.
Is looking to raise Rs 3,000 cr.
If the government is asking a maximum price for Air India but asks to keep old personnel, it will not match.
Move could be aimed at integrating operations with Indian subsidiary.
While the top players of the over Rs 85,000 crore (Rs 850 billion) pharmaceutical business are up in arms over what they call rampant spread of counterfeit drugs (allegedly 20 to 25 per cent of total pharma sales) in the country, enforcement agencies and some pharma associations say the situation is not that alarming.
'We're going to see a defence relationship that really takes off -- now that India is a major defence partner of the US, the sky is the limit for arms sales.' 'The economic partnership will lag behind the security relationship, but the meeting and joint statement give cause to believe that it will progress more robustly than many of us would have expected.'
The death toll in the US due to coronavirus on Sunday crossed 9,500, which is three times more than the number of people who died in the 9/11 terrorist attacks.
Dr Reddy's Laboratories plans to brand its speciality drugs sold in the US. It will begin selling branded skin care products by year-end. The venture will be spearheaded by Promius Pharma, a wholly owned subsidiary of its US arm
With India contributing only 2% to its revenues, the multinational is focusing more on key markets like the US and China.
Govt plans to stop RIL from selling crude to Jamnagar refinery.
In this regard, AIG has entered into an agreement with Aabar Investments PJSC to sell its subsidiary, the insurance firm said in a statement on on Monday. According to UK daily The Telegraph, the Swiss subsidiary would be sold for about $254 million.
The Union government today filed a fresh affidavit in the Bombay high court, which is hearing a dispute over supply of gas from Krishna Godavari basin, stating that any sale price less than $ 4.2 per mmBtu is not compatible with decisions taken by a ministerial panel.
Malls, retail stores are being hit by online sales and are struggling this festive season.
'The attacks made clear to all the Gulf States that Pakistan was the nursery and sanctuary of extremist violence and that this violence threatened all the countries in the region.'
Out of favour opener Gautam Gambhir scored 31 for Essex against Northamptionshire on his county debut in London.
The company now plans to bet on health sciences, skin care and specialised products, says Arnab Dutta.
The Citi deal should help Wipro beef up its presence in the banking and financial services (BFSI) space. The target company does work in the technology infrastructure services space as also application development and maintenance and the Rs 19,957 crore (Rs 199.57 billion) Wipro should be able to leverage these services with other clients. The assured revenues of $500 million will come in handy at a difficult time.
DLF has a land bank of 295 million sq ft, of which 50 million sq ft is under development.
Feature phones still hold the majority of the 270 million handsets market in the country/
The market for vinyl collapsed with the advent of CDs in 1982. But LPs, as they were fondly called, have made a comeback in the past ten years, with certain editions costing quite a packet
The non-oil, non-finance sector of the economy is under severe stress.
'Salman Khan family is the head of this venomous serpent.'
General Electric on Wednesday unveiled plans to raise at least $15bn in capital through stock sales to Warren Buffett's Berkshire Hathaway and the public.
The UB Group, which is an established leader in the Indian beer and spirits market, is aiming to replicate its success by addressing the wine market with its two companies - United Spirits and United Breweries.
'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.
Corporate retailing of fruits and vegetables - once a domain of street side vendors - seems to be facing more troubles.
Sony Computer Entertainment, an arm of Sony Pictures, is planning to increase its console-based business in India.The company - responsible for the distribution, marketing and sales of PlayStation - opened its India office four months back and is now getting its strategy in place to offer variety and a better experience to gamers.
ABN AMRO is looking for Relationship Managers, and Sales Manager/ Team Leaders.
BBC is likely to rope in music company Saregama as its partner for the venture. BBC Worldwide holds the DVD rights for all its drama and comedy series including Yes Minister, Yes Prime Minister, collections of Shakespeare, the Sherlock Holmes series and several classics and drama series.
The Income Tax department on Friday moved the Delhi High Court seeking "directions/clarifications" of the December 12 order by which the assets of mobile phone handset maker Nokia in India were defreezed.
