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