Tag Archives: investments

Aim to be most competitive player in chemical sector: Deepak Nitrite

Deepak C Mehta, Chairman and Managing Director of Deepak Nitrite , chalks out roadmap for chemical sector and the company’s themes of growth. He says that ‘Deepak’ will try to dominate the entire value chain by unique offerings. Edited excerpts: … Continue reading

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BFSI, retail, pharma to be impacted most by Indian Accounting Standards: Survey

MUMBAI: The switch to Indian Accounting Standards (Ind AS) will impact companies the most in financial services, retail and pharma sectors even as half of the firms polled are yet to plan for the new standard which kicks-off from April … Continue reading

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Shah Rukh Khan may feature in Ogilvy & Mather’s Ad for Brand Bengal

KOLKATA: While West Bengal chief minister Mamata Banerjee has locked horns with PM Narendra Modi on the political front, it seems both share a lot of affection for a single advertising agency in the country Ogilvy & Mather. While O&M’s … Continue reading

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GroupM sees print mags ramping up digital spends as ads shrink

MUMBAI: With magazines’ contribution to the total ad pie falling steeply, leading media agency GroupM expects publishers to ramp up investments in the digital space. While the advertising revenue of the magazine segment has been stagnating between 2010 and 2013, … Continue reading

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Lakshmi Mittal in talks to buy stake in Delhi Daredevils

NEW DELHI | MUMBAI: ArcelorMittal chairman Lakshmi Mittal and his family members are in talks with the GMR group to buy a significant stake in its Indian Premier League team Delhi Daredevils. GMR is seeking a valuation of between $150 … Continue reading

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Saina Nehwal climbs endorsement charts after badminton ratings

NEW DELHI: Indian badminton sensation Saina Nehwal is entering the big league of the endorsement game, inching closer to cricketing icons MS Dhoni and Virat Kohli. A fortnight after she was crowned the women’s world number one badminton player, Nehwal … Continue reading

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PIO businessman Sanjeev Gupta takes charge of Tata’s Scottish plants

LONDON: Indian-origin businessman and founder of the Liberty Group Sanjeev Gupta today formally took charge of Tata Steel ‘s loss making plants in Scotland. Gupta, who has also expressed an interest in acquiring Tata’s embattled Welsh unit of Port Talbot, … Continue reading

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Gulf Petrochem to set up Rs 1,000-crore ethanol plant in India

MUMBAI: Gulf Petrochem will set up a Rs 1,000-crore ethanol manufacturing plant in India, according to a top company executive, as the UAE-headquartered entity seeks to leverage on the government’s mandate to blend ethanol with petrol. It has been a … Continue reading

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Make in India: Regulatory framework for construction, mining sectors likely

MUMBAI: Government may soon come out with a separate “transparent” regulatory framework for construction, mining and earthmoving equipment sectors, a senior official said today. “The proposed regulatory framework is required to bring in more clarity as the concerns of the … Continue reading

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Finolex Industries to invest Rs 90 crore over three years

NEW DELHI: Finolex Industries Ltd today said it will invest Rs 90 crore over three years to increase capacity of its PVC pipes and fittings plants as part of plans to cross $1 billion turnover mark in five years. Finolex … Continue reading

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