COMPANIES & SECTORS


Ravi Samalad 14 April 2010
Unable to expand through a combination of advertising and selling through national distributors, the fund house is empanelling smaller distributors now Fidelity Fund Management Private Ltd, the US fund management major which launched its India operations in 2005, was so far following a...

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Debashis Basu Debashis Basu  and   Pallabika Ganguly 01 April 2010
The Unilever CEO believes that HUL is still the lion in several categories. He is living in his own world. Over the past decade, HUL has repeatedly tried and failed in a large number of new businesses, which makes it look like an also-ran A few days back, the chief executive officer of...

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Amritha Pillay 31 March 2010
GMR acquired power utility InterGen, based in the Netherlands, at a transaction worth $1.10 billion in 2008. Two years later, not much financial information is available about the acquired company in the public domain GMR Infrastructure’s overseas acquisition of InterGen NV in 2008 was touted...

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Pallabika Ganguly 30 March 2010
The Centre is proposing to levy service tax, while the State government is planning to charge consumers value-added tax on real estate The fight between the Central and State governments may lead to consumers being double-taxed for buying a piece of real estate. The Central government is...

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NDTV’s loss-making, ego-driven, public-funded businesses are unravelling Quarter after quarter, we have marvelled at the ability of TV channels to survive the deluge of red ink that would have drowned companies in any other sector. Obscene salaries, lavish overheads and large dollops of...

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Pallabika Ganguly 24 December 2009
The Urban Land Ceiling Act was repealed in November 2007. However, real-estate developers are still fighting cases related to this repealed legislation in the Bombay High Court The repealed Urban Land Ceiling (ULC) Act has held up more than 100 projects across Maharashtra. The...

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Pallabika Ganguly 22 December 2009
In India, the spiritual route has always been an easy way to make money. Now, the Times Group wants to cash in on this trend by launching a weekly newspaper based on ‘The Speaking Tree’, a spiritual column that is published in the inside pages of the Times of India (TOI). According to...

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By Pallabika Ganguly 11 December 2009
ICICI Venture Fund Management Co Ltd (IVFMC), the investment unit of ICICI Bank Ltd, is planning to invest $250 million-$300 million over the next three years in realty, especially in the residential segment in India. At present, the company does not plan to invest in the commercial...

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By Yogesh Sapkale 11 December 2009
Attributing the double digit industrial growth rate to stimulus packages, the Planning Commission on Friday said that the growth momentum would be maintained in the coming months, reports PTI.  "To get a growth rate well above 10% is not just a base effect. There is an element growth that...

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The retail sector is growing at 5.5% not only in metros but even in Tier-2 and Tier-3 cities, according to an ASSOCHAM report. The Indian retail sector is expected to grow at a rate of 5.5% to $410 billion (around Rs19,03,844 crore) by 2010 from about $300 billion at present, industry...

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Smart grids, which increase the connectivity, automation and coordination between electricity suppliers, consumers and networks, will make the sector more financially viable, says an expert Globally, smart grids are becoming more popular. Power distribution in India has also not been...

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Instead of producing 10 to 15 in-house shows and serials, big media houses are now tying up with individual producers and scriptwriters for good quality content Big media houses are finding it difficult to generate good content and are now eying to tie up with well-known writers and...

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Following tough competition from China and South Korea as well as lack of incentives, many Indian textile exporters are unwinding their positions from traditional markets like the US and the EU. These exporters are now focussing on markets like Japan, the Latin American countries, New Zealand...

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Promoters of various companies have been known to pamper themselves by allotting preferential shares at prices significantly lower than prevailing market prices. With equity markets enjoying a solid run, greedy promoters seek to make a killing by allotting shares of the company to themselves...

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After witnessing astronomically high premiums, office rents in central business districts (CBDs) of all major Tier I cities are falling and there are some offices available on rent for as low as Rs20 per sq ft, said property dealers. “The total market revival across the key real estate...

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Sales of 2&3BHK homes are picking up in Mumbai, Delhi, Pune, Bengaluru, Chennai and Hyderabad Real-estate developers and consultants have been claiming that one bedroom-hall-kitchen (1BHK) homes were the best-selling product during the July-September 2009 quarter. But this trend does not...

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Pranay Vakil, chairman, Knight Frank India, highlights 10 home truths that the real-estate industry realised during the downturn that lasted around 18 months 1. Liquidity is vital: Developers realised this when sales volumes declined drastically due to the liquidity crunch. Developers...

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Segment sees strong growth, but sales of electronic two-wheelers have stagnated The domestic sale of mopeds for April-October 2009 grew nearly 27% on the back of availability of finance, lower interest rates and the festive season. TVS Motors, which is the only company to manufacture...

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Winemakers see stocks piling up for want of takers due to the ongoing slowdown Although Cyclone Phyan hit Nashik a week back and damaged a major portion of the grape crop under cultivation, consumers might not have to pay much for their bubbly in the coming months as last year’s recession...

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Liases Foras has launched Ressex, a real-estate sensitivity index that will capture trends in price, inventory, sales and demand in six cities. Real-estate research firm Liases Foras has launched its Real Estate Sensitivity Index, or RESSEX, which will provide data on price, inventory,...

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