Financial Daily from THE HINDU group of publications
Tuesday, September 03, 2002
Markets (Sept. 2)
BL 2501095.51 (+1.08)
BSE Sensex3187.26 (+6.03)
S&P CNX Nifty1013.50 (+2.90)
Dollar (Buy/Sell)48.43/48.56
Gold Std (10 gm)5140 (-20)

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Mahavir's Giftex expo to meet festival demand
THE Hyderabad-based Rs 50-crore Mahavir Enterprises (India), a one-stop solution provider for corporate gifts and novelty items and distributor for many Indian brands, has decided to launch Giftex, a mega theme store in Hyderabad. The Managing ... More


Seminar on redefining retail
BANGALORE: ICFAI Business School, Bangalore is conducting a two-day national seminar on "Redefining retail: the Indian avatar" on September 13 and 14 here. The seminar will discuss various issues concerning retail business, which will ... More


Madura Garments to cut ad spend this year
THE advertising spend of apparel major Madura Garments is likely to fall in this financial year. The payout for advertising is estimated to be around 9 to 10 per cent of the company's topline as compared to 12 per cent in the previous ... More

Service tax row to blank out TV ads
THE stand-off between broadcasters and advertisers on the 5 per cent service tax issue has taken an interesting turn, with most of the big broadcasters switching off ads of the country's largest advertiser — Hindustan Lever Ltd. When ... More

Pepsi, Coke told to pay Rs 50,000 `on the rocks'
IN a further development to the controversy involving Pepsi India and Coca-Cola over the damage caused to the environment by painting their product ads on rocks, both the soft drink majors have been directed by the Supreme Court to deposit Rs ... More


Colgate gains market share
COLGATE Palmolive India Ltd, has registered an increase in market share in the toothpowder segment from 45.9 per cent in July 2001 to 50.2 per cent in June 2002, according to AC Nielsen. Explaining the strategy for Colgate toothpowder, a ... More


CavinKare delivers a Fyne Cut
CAVINKARE Pvt Ltd, the Rs 243-crore shampoos, talcs and creams maker, which has experimented with branded hair and skincare salons as an opportunity for well over a year, now plans to rapidly expand the business. Trends In Vogue Pvt Ltd, a ... More

Radhakrishna Hospitality plans food courts at 2 rail stations
The food court at the Mumbai Railway station is expected to be ready by next month. It will be set up in a 1,800 sq ft space at an estimated cost of Rs 1 crore. The one at Jaipur station would be in operation before the year-end. More


Harish Bijoor quits Zip Telecom
BRAND specialist, Mr Harish Bijoor, has put in his papers as chief operating officer of payphone company Zip Telecom Ltd to pursue a new assignment. Speaking to Business Line, Mr Bijoor confirmed that he was stepping down as COO after a ... More


BSNL unveils CellOne; launch on Oct 2
IN what is expected to give the private cellular operators - Bharti, Hutchison and Idea Cellular a run for their money, telecom behemoth Bharat Sanchar Nigam Ltd today unveiled its countrywide cellular plans under the brandname ... More

BDA to extend Officer's Choice to deluxe whisky segment
BDA Ltd is extending the franchise of its whisky brand Officer's Choice to the deluxe whisky segment with the launch of Officer's Choice Blue Deluxe Whisky. The almost 14-year-old whisky brand has in the recent past been busy extending itself ... More

Madura Garments forays into denims with SF Jeans
MADURA Garments today announced its plan to foray into the Rs 1,000 crore jeanswear market with its latest offering, SF Jeans, for the youth. Speaking on the occasion, Mr Prakash Nedungadi, President, Madura Garments, said, "The jeans market is ... More

Sula brings its range of wines to Chennai
THE Nashik-based Sula Vineyards has entered the Chennai market with its range of sparkling wines, white wines and also its first red wine. The company's wines were formally unveiled at a ceremony at The Park hotel in the city. Mr Rajeev Samant, ... More

Ford launches Ikon variant
FORD India Ltd has further extended the Ikon platform with the launch of the Ford Ikon 1.6 Exi today. Speaking at the launch of the new Ikon variant, Mr David Friedman, Managing Director and President, Ford India Ltd, said that the company was ... More

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