India Inc on war footing to cut costs, conserve cash

The first spending item on the chopping block is capital expenditure, followed by operating costs and overheads, including sales and marketing expenses. Illustration: Dominic Xavier/Rediff.com......

Remove excise duty on man made fibre

Manmade Fibres contribute to 67% of global Fibre basket with Cotton at 31%. The shift is even more prevalent with the intensifying issues of cotton shortage and price volatility. Thus, Viscose is......

Birla on what Aditya Birla Nuvo and Grasim merger means

'This merger is a play on the Indian growth story and we expect the shareholders to benefit from this transaction.' The Aditya Birla Group on Thursday announced the merger of its two holding......

Grasim Q4 net at Rs 490 cr

India's third biggest cement maker, Grasim Industries, said on Tuesday its January-March net profit, after taking into account extraordinary expenses, was Rs 4.9 million.It posted a net profit of......