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