Besides launching 50 products with a refreshed logo, Britannia to issue bonus debentures of Rs 720 crore
Company's loss-making Russian arm painted three World Cup soccer venues, and two airports to break even this fiscal; Berger now mulls acquiring competing painting companies.
Iran is India's largest importer of tea in value terms while in terms of volume, it is the second largest after Russia
The two battle it out in the controversial but lucrative fairness cream market, spark a fresh bout of aggression in the war between the brands
UltraTech currently has 19% market share with Shree Cement commanding 22% of the market
The elections are not only a means for TMC to prove its wide, unopposed mass allegiance but also a way to bargain for national leadership among regional political parties in the road to New Delhi.
India's largest cola brand Thums Up to make international debut in March
To double its current turnover of Rs 13.53 billion in five years, the firm plans to generate 25 per cent of this consolidated revenue from FMCG sales.
One of the reasons for the failure, say industry experts and financial analysts, is that Emami strayed too far from its core with sanitary napkins.
West Bengal Chief Minister Mamata Banerjee has left no stone unturned this year after big industrialists, along with Union ministers, skipped attending the BGBS 2017.
What Roy is planning is not known. Will he side with the BJP, which he calls 'non-communal'? Or will he float a party? Or revive the Nationalist TMC to further his political career?
While a group led by Binay Tamang wants to end the shutdown, the mainstream GJM, led by its supremo Bimal Gurung, wants the status quo to continue, reports Avishek Rakshit.
Sector analysts opined that the northern, central and eastern markets were particularly hit
Over the years, India has also lost its CTC market heavily to Kenya. And, Sri Lanka, which markets the Ceylon tea brand, has also been able to aggressively tap these markets.
The unrest in the hills has led to the tea sector losing its entire second flush, and Rs 200 crore of its annual earnings.
In the past, the firm also acquired the Zandu brand which opened up its presence in the balms business
Over 75 per cent of the bank's Rs 175 crore NPA arises from Uttar Pradesh, Madhya Pradesh and Maharashtra.
Out of the 745 gardens in Assam, which accounts for over 55 per cent of total tea production, an alert has been sounded for 88 gardens, while for West Bengal, out of the 377 gardens, 65 have been cautioned.
Unlike global majors like Lindt and Godiva no standalone Indian chocolate boutiques have expanded into a national chain yet. ITC plans to change that with its luxury chocolate brand Fabelle, says Avishek Rakshit.
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