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