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

Excise duty on cigarettes has been increased by 11 per cent to 72 per cent in the budget, with ITC’s weighted average excise increasing by 21 per cent for FY15. This is the third consecutive year of steep increase in excise duty (FY14: 18 per cent, FY13: 22 per cent) but lower than what the Health Ministry had proposed last month (40 per cent increase).

 


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