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

Excise duty on cigarettes has been increased by 11 per cent to 72 per cent in the budget, with ITC’s weighted average excise increasing by 21 per cent for FY15. This is the third consecutive year of steep increase in excise duty (FY14: 18 per cent, FY13: 22 per cent) but lower than what the Health Ministry had proposed last month (40 per cent increase).

 


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