Unilever reported that its 2013 turnover was down 3% to €49.8 billion with foreign exchange 5.9% and net acquisitions and disposal 1.1% Finance costs and tax The cost of financing net borrowings in 2013 was €397 million versus ...
Tags: Unilever, foreign exchange
Indian automaker Hindustan Motors (HM) is set to sell or lease its car manufacturing plant in Tiruvallur, Tamil Nadu, India to raise INR1.5bn ($24.1m). The company is currently seeking the shareholders approval through a postal ballot for ...
NEW DELHI: Fuelled by growth in sectors like real estate, infrastructure, retail, automotive and food & beverages, the country's glass industry will acquire a market size worth Rs 340 billion by 2015 from Rs 225 billion at present, ...
Tags: Glass Industry, 340 Billion
India oil and gas companies are stocking crude and liquefied natural gas as Cyclone Phailin heads for India's east coast, federal oil minister Veerappa Moily said on Saturday. Shipments are being diverted to safer locations, he said. ...
Tags: Oil Industry, Cyclone
US clothing retail chain Forever 21 is planning to expand in the Indian market, with a new partner DLF brands and an initial investment of US$ 50 million. The American clothing retailer, which already has seven retail outlets in Delhi and ...
Tags: Apparel Retailer, Forever 21
Mr. Sanjay Behl has recently joined Raymond Limited as Chief Executive Officer - Lifestyle Business, which comprises of the organization's core businesses, namely Textiles, Apparel & Retail. Having worked across diverse industries such as ...
Tags: Apparel, Accessories
The globally respected Entrepreneur Mr. Chandra Kumar Somany ( known to the glass industry fraternity as "C K" ), has been honoured with the 43rd. Phoenix Award, "Glass Person of the Year 2013". Mr. Somany, pioneer of the Indian Glass ...
Tags: Construction, Decoration, glass
Hindustan Petroleum Corporation Limited has registered gross sales of Rs. 2, 15,675 crores for the year 2012-13 as against Rs. 1, 88,131 crores in the previous year representing an increase of over 14.6 %. The sales of petroleum products ...
"Akash Industries" is a leading manufacturer company of all types of testing machines such as universal, impact, material, torsion, erichsen cupping, rope, fatigue, digital ASTM charpy and hardness testers such as vickers, brinell, standard ...
Tags: Akash Industries, Processing Machinery, Universal Testing Machine
Dutch consumer goods company Unilever has announced a voluntary open offer to increase its stake in its Indian subsidiary Hindustan Unilever (HUL) from 52.48% to up to 75%. Under the terms of the deal, Unilever agreed to pay INR600 ...
Tags: Unilever, Hindustan Unilever
Coca-Cola’s bottling partner in India, Hindustan Coca-Cola Beverages (HCCBPL), has announced plans to invest INR6000m ($110.82m) to set up a bottling facility in Vikasnagar tehsil of Dehradun, Uttarakhand. At its proposed Dehradun ...
Tags: Hindustan Coca-Cola, Bottling
With the theme “Dream, Believe, Achieve”, the third edition of InFashion kicked off on 20th March 2013 where the three day event brought together the entire textile, apparel and fashion community to exhibit, buy, and source and ...
Tags: fashion extravaganza, apparel, textile
Japan-based utility vehicle maker Isuzu Motors is planning to build a vehicle manufacturing plant at Sri City, Andhra Pradesh in India with an investment of $185.8m. The company would utilise Hindustan Motors' Chennai car plant and a ...
Tags: vehicle maker, Isuzu Motors, India
Turkish Glass maker Trakya Cam Snayii AS bought a 45 per cent stake in HNG Float Glass Limited (HNGFL) through a joint Venture (JV) agreement on Friday. According to the JV, Hindustan National Glass and Industries (HNGIL), the ...
Indian food giant Britannia Industries has appointed Vinod Menon to the role of CFO as part of a management shuffle. Menon will take up the role of CFO and vice president with the bakery and dairy group with effect from 1 February, the ...
Tags: food giant, Britannia, Vinod Menon, CFO