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