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