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RURAL MARKETING
Insurers' rural, social targets may be set higher
The Insurance Regulatory and Development Authority of India (IRDA) is considering an increase in the minimum rural and social obligations for insurers. According to an IRDA official, insurers are being consulted about an amendment to the ... More

MERGERS & ACQUISITIONS
Fabmall.com acquires US-based online shopping firm
E-tailing firm Fabmall.com has acquired the US-based e-commerce company Indiaplaza.com for an undisclosed sum. With this acquisition, Fabmall.com has also re-branded itself and will henceforth be known as Indiaplaza.in in India and Indiaplaza.com ... More

ALLIANCES & JOINT VENTURES
Staples partners Pantaloon for office products space in India
Sees tremendous opportunity More

CHANNELS AND FRANCHISES
Biocon cancer drug to enter Pakistan
Biocon's proprietary cancer drug BIOMAb-EGFR will enter the Pakistan through an exclusive marketing arrangement with Ferozsons Laboratories Ltd, the company said. Ferozsons is rated by IMS as the No 1 oncology company in that country. The ... More

RETAILING
Textile cos gear up to ride retail boom
Buoyant global market, cap on China adds vigour to expansion plans More

Khadi Gramodyog plans facelift for Chennai stores
"We are now in talks with software majors such as Wipro, Cognizant and TCS for organising exhibitions at their premises periodically." More

Starbucks to make single-brand retail foray into India
The US-based retail coffee-house chain Starbucks' India foray is to be a single brand venture in partnership with a newly formed Indian company, New Horizons Retail Private Ltd, in which Mr Kishore Biyani of Pantaloon Retail has 49 per cent ... More

BRANDS
Godrej Sara Lee begins re-branding exercise
To spend Rs 82 crore as communication budget More

ONLINE MARKETING
Indian ties up with Galileo for e-ticketing
Call centre to come up at Indian's premises More

Fly cheap, at the right time!
When booking a domestic air ticket online, it pays to be flexible about flight timing, especially on a popular route. The cost of a one-way economy ticket from Mumbai to Delhi on Friday (as per fares listed on Thursday) ranged from Rs 4,018 to ... More

NEW PRODUCTS & SERVICES
Beam Global launches IMFL brand
Beam Global Spirits & Wine Inc, a player in the premium spirits segment, has entered the Indian spirits market with IMFL brand, DYC. The brand targets the semi-premium and premium segments. Speaking to newspersons, Mr Harish Moolchandani, ... More

Ajanta launches modular switches
Gujarat-based clock maker Ajanta Ltd has launched its Orpat `Lifestyle' modular electrical switches.The company is eyeing the Rs 500-crore market for modular electrical switches, that has seen 25 per cent growth recently. It is also looking at ... More

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