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