S Gopalakrishnan elected as new President of CII

S Gopalakrishnan, Co-Founder and Executive Co-Chairman of Infosys, has been elected as the President of the industry body CII for the year 2013-14.He succeeds Adi Godrej, Chairman of the Godrej......

Swraj Paul's broker returns to haunt Shrirams

Last week, when Harish Bhasin, the Delhi-based stock broker, made an open offer for DCM Shriram Industries Ltd, he was back in news after almost 25 years. He had first shot to fame in 1983 as......

Now, companies stop stocking supplies

The sharp fall in commodity prices, global economic uncertainty and worsening liquidity crunch at home have almost overnight changed the way Indian companies purchase their raw material. Instead of......

Rural India boosts FMCG firms' sales

ITC, Godrej Agrovet, DCM Shriram and other companies expanding in rural areas may eclipse the growth of their urban counterparts, including Reliance Fresh and the Future Group-owned Food Bazaar......