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

India’s only super brand sugar company in India celebrated 225 years of excellence this year. Company’s growth has been significant in the last five years and it accounted profit after tax of Rs 361 crore (Rs 136crore) an increase of 141 per cent. Started as first of its kind multiple venture company in India, Parrys’ business segments include sugar, power, distillery and bio products which include bio pesticides and nutraceuticals.  

    The most challenged segment was sugar; still it managed a revenue of Rs 1533 crore in a turnover of Rs 1879 crore and profit of Rs 159 crore from nine sugar plants spread across South India.  The sugarcane breeding programme has been initiated by the company’s R&D to develop high yield variety and identifying promising varieties.

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