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