Biscuits and Confectionary major player, Parle Products is aiming to gain 25% of their market share till March 2014, a top official of the company informed it to the media. “We are trying our level best and putting all our efforts to enhance our market share. It will add a bright feather in our crown […]
China has always been the leader in electronics production around the world. Looks like India is soon going to be the leading electronics producer as it currently is when it comes to software production. According to the new electronics policy to be announced soon, the Govt. is targeting a of produce $400 billion worth of […]
Indra Nooyi, Chairman and CEO of PepsiCo, started with a health campaign in order to save their customers and not to make people suffer from obesity. For this, Pepsi have to discontinue their food and beverage products costs $ 65 billion, but she is thinking it as a long term goal for her company. Nooyi […]
Prices of LCD TV, LED TV, refrigerator, microwave ovens, air-conditioners, etc. are going to be costly in the upcoming fiscal year by 2-4%. Now the buyers are in tension because those who were planning to buy, they have to buy all these stuffs in higher rates. In this budget, the excise duty on electronic goods […]
If anyone possesses property above Rs. 1 crore including watches and paintings, then the person have to pay extra property tax for that, Pranab Mukherjee going to announce this in the financial budget 2012. The proposed Direct Tax Code (DTC) was supposed to replace the existing Income Tax Act 2012, has suggested to pay 1% […]
India’s consumption of paper has grown from 12 million tons to 17 million tons over five years of time period. This growth is taking a rapid growth because of the literacy level, standard of living and growth of industries such as food, pharmaceuticals and apparels. Hike in Paper Consumption According to M.B.S. Nair, President, Indian […]
If data revealed by Assocham is to be believed, India accounts for 15% of global footwear production, producing 300 pairs of shoes annually and exporting 10% of these. The study undertaken by Assocham also reveals the per capita consumption of shoes in India which comes out to be 2.5 shoes per year. The fact that […]
In a bid to gain a foothold in the male grooming and youth brand segment, Marico has acquired erstwhile Paras personal care brands from Reckitt Benckiser. This transaction is Marico’s second largest acquisition in India, after the acquisition of the Nihar brand from Unilever, a few years back. Marico has also made six brand acquisitions […]
