Crisis in Iraq will lead to spike in inflation: Mukesh Ambani

Mukesh Ambani, chairman of Reliance Industries which operates the world's largest single-location oil refinery at Jamnagar, said the crisis in Iraq will lead to higher fuel prices which in turn......

V.I.P, Samsonite to foray into handbags for women

The Rs 1,500-crore (Rs 15 billion) ladies handbag market will see some major action this year, with luggage makers V.I.P and Samsonite contemplating entry soon. Dilip Piramal, chairman of the......

Blow Plast, VIP boards approve merger plan

The board of directors of VIP Industries and Blow Plast have approved the merger of the two companies. The merger is proposed to be effective from April 1, 2006.The companies have also approved a......

VIP to acquire Carlton luggage brand

The Dilip Piramal-promoted VIP Industries is acquiring the Carlton luggage brand from the United Kingdom-based Carlton International for an undisclosed sum. The company is in the process of......