Financial Daily from THE HINDU group of publications
Thursday, August 28, 2003
Markets (Aug. 27)
BL 2501518.24 (+31.22)
BSE Sensex4205.56 (+53.27)
S&P CNX Nifty1340.30 (+22.10)
US Dollar (Buy/Sell)45.79/45.92
Gold Std (10 gm)5520 (+30)

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STRATEGY


Provogue may step into footwear segment
AFTER foraying into the branded womenswear segment about a year ago, lifestyle brand, Provogue, is now planning to extend its accessories range to shoes, undergarments, perfumes and condoms. Speaking to Business Line, Mr T.K.A. ... More

Zee plans foray into pre-school education
CATCH them as young as you can, seems to be the message Zee Telefilms Ltd is putting out as its education-based subsidiary, Zee Interactive Learning Systems (ZILS), forays into franchising pre-school education. Its new product Kidzee, which is ... More

LIC marketing strategy
VISAKHAPATNAM: The Visakhapatnam division of the LIC has signed MoUs with two private broking firms for marketing its products, as provided for in the Insurance Regulatory and Development Authority (IRDA) Act. Setting a new trend, the ... More

RETAILING


Furniture World outlet
HYDERABAD: Furniture World, which opened its second showroom here on Wednesday with an investment of Rs 3 crore, is planning to cater to the premium segment by expanding its showroom at Banjara Hills. "We are also planning to open ... More

MARKETING RESEARCH


Erosion in price washes sheen off washing machines
WITH the average pricing of a washing machine on the decline every year, the first half of 2003 did not bring much reason for cheer to the consumer durables industry. According to ORG data, the washing machines industry grew by a marginal 0.9 ... More

TRENDS


Monsoon showers dampen beer offtake
THE monsoon bounty has sent the brewing industry reeling in the last 60 days. After 12 per cent annual growth in the last two years and notwithstanding a buoyant economic outlook, beer sales have crashed across India starting July, resulting in a ... More

GCPL files writ on counterfeit hair dye manufacturers
GODREJ Consumer Products Ltd (GCPL) said it has registered a case under the Copyright Act against the manufacturer of counterfeit Godrej powder hair dye in Ghaziabad. ``It was found that counterfeit products of Godrej Hair Dye were available ... More

NEW PRODUCTS & SERVICES


Reliance unveils IndiaPhone
MUMBAI: Reliance Infocomm has announced the introduction of fixed wireless services based on CDMA2000 1x technology under the brand name Reliance IndiaPhone. This is the same technology on which is based the company's limited mobility ... More

Volvo launches 2 new trucks — Expects 15% growth in revenues
VOLVO India which launched two new trucks on Wednesday as part of a global overhaul of its product line, said it expects 15 per cent increase in revenues to around Rs 320 crore during 2003. Volvo has also targeted an export of components worth ... More

Skoda Auto rolls out CKD Octavia cars
SKODA Auto India has rolled out the first batch of its Octavia cars manufactured through CKD operations. "The CKD operations will ramp up 40 cars per day on a two shift-basis,'' an official statement said. At present the company has capacity ... More


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India emerging R&D hub for durables MNCs


Industry status mooted for commodity futures

Indian economy becoming weather-proof: RBI report

Caution on home loan rates

The fine line between roaming/ limited mobility

Oil stocks remain market pick

Time rural credit got better attention

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Looking back
Aug. 17-Aug. 23
Hind Lever tops visibility charts in July


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