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Daimler’s truck exports from Chennai cross 5000 units Gamesa to set up a plant in Nellore Tata Motors aims to be among the Top 3 global CV & PV firm Increasing market share Carnival Films acquiring 3000 screens pan India V-Guard launches app-enabled water heater system Tata gets 4-star rating for Zest E.I.D Parry (India) Ltd: another sweet year Bajaj Finserv – Q1: fare well Back in growth mode A welcome initiative-even critics are recognised Housing demand revival Tata Motors bets on new launches PSU non-life firms seek to protect share Chinese smart phones flourish in small towns too! Maruti – for young buyers L & T’s floating dock for navy Singur minus Nano – victory or folly? ITC – steep excise hike Mercedes-Benz sales continue to zoom TVS Srichakra plans capacity expansion Nissan exit shouldn’t affect ALL The unexpected exit Record two-wheeler sales Ode to Ratan Tata A niche in FMCG business... Is this a generation gap? AL introduces Guru & Partner Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Sundram Fasteners rejigs international Land wars The gainers and the losers Smartphone onslaught by Chinese brands Last stages IOB on turnaround path Michelin to double Chennai capacity TVS Automobile invests Rs.75 crore in start-up firms Solar installations exceed 2015 capacity in five months PPP model for infrastructure development TN government keen on revival of operations at Nokia complex New India Assurance posts impressive show Preparing for the next growth curve Tata Steel, ThyssenKrupp sign MoU to merge European units ITC chairman calls for policy impetus to transform agriculture L&T bags the Mumbai Trans-harbour link order AL secures orders for 3600 buses HPCL plans Rs.61,000 crore capex over 5-years It takes two to tango M & M unveils driverless technology for tractors Kone India eyes further growth in elevator market LVB posts 31 per cent growth in Q1 net profit L & T set bigger ambitions in defence business Hyundai to focus on SUVs and AMT variants Vellayan is back, after 150 days Eyes strong growth in 2016-17 Welcome focus to improve rural India... Hindalco – re-rating Consolidating leadership position in smartphones Tata Motors charts investments in PV and CV businesses RoC in the dock... When small is not so beautiful… Rane targets Rs.5500 crore topline by 2018-19 Daimler grows sales and share in India TI Cycles plans retail expansion to drive sales for premium bicycles Dish TV – subscriber additions encouraging Are they really independent? Emami – a new growth mantra Toyota and Suzuki to introduce EVs in India by 2020 Forging industry worried over lower supply of steel and its price Titan Company – sales recovery to kick in From the toughest to the best year Tata Motors joins compact SUV bandwagon with Nexon CAPITAL NOTES Hyundai India achieves 7 mn production at Chennai factory Sivasankaran enters taxi space to take on Uber and Ola L&T profit up by 11 per cent Yamaha unveils scooter boutique 29 per cent jump in TCS revenues Right to privacy – now it’s fundamental! Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Wabco launches safety system He excels in the nuts and bolts of entrepreneurship AL wins Deming prize again Aurobindo Pharmacy: good turnaround Smooth sailing of SAIL
 
Aurobindo Pharmacy: good turnaround
From a loss of Rs 1241 million in 2011-12, Aurobindo Pharma has made a profit of Rs 2914 million in 2012-13. It was not a miracle pill that changed the company’s result but improved operational efficiencies, ability to enter new markets and cost reduction. “To sustain the growth momentum we are re-configuring the product line, freeing resources by removing low value products and focusing on products with high growth. Going forward, we will target developed markets to improve our margin,” said Managing Director, N Govindarajan.  The company has spent 4.06 per cent of the total turnover for R&D in 2012-13. “As we enter 2013-14, we are not just prepared for this year but for many years to come with necessary investments in quality, talent and operational excellence,” said Arvind Vasudevan, CEO-Formulations.
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