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