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