HSIL looks to double capacity to 5 mn units this fiscal

Hindustan Sanitaryware and Industries (HSIL) is looking to double production capacity this fiscal, a senior company official said.
At present, the company has a production capacity of 2.5 million units.
"Our aim is to strengthen the sanitaryware and bathroom products business with a clear strategy for each brand as positioned in the market. In July 2014, HSIL invested Rs 150 crore in a new plant in Rajasthan and expects to utilise the full capacity of 2.5 million units by March 2017. We are considering doubling this capacity by FY17," Sandip Somany, Joint Managing Director, HSIL told PTI.
The company is also setting up a plant in Telengana with an investment of Rs 120 crore to manufacture CPVC pipes, which is expected to be ready by March 2017.

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LIVA to foray into men's fabric category by June 2017 * Aditya Birla-owned group company Birla Cellulose's Liva is planning to enter mens fabric category by June 2017, a senior company executive said.

"We have just launched the saree segment and going forward, we are planning LIVA to enter into the mens fabric segment.
The LIVA fabric is a delight for its effortless drape and fluidity without being clingy. It has very high potential to fit into many women's clothing segments and can be turned, to make it more versatile," Birla Cellulose President, Marketing and Business Development, Manohar Samuel told PTI.

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Helpchat sees 7-fold jump in monthly transactions to Rs 35 cr * Personal assistant app, Helpchat expects to see a sevenfold growth in the value of monthly transactions to Rs 35 crore as it adds newer services like recharge, cab booking and deals to its platform.
The Bengaluru-based firm, which sees monthly transactions worth Rs 5 crore, is strengthening its platform to be the "digital assistant to every user".
"We want to be a personal assistant to users. Using technologies like automation and artificial intelligence, we are making our platform intelligent and intuitive to sense what the user is looking for and provide relavant information," Helpchat founder and CEO Ankur Singla told PTI.

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UPL lines up Rs 650 cr capex: Report
* Leading agrochemicals player UPL is planning a capex of Rs 650 crore for capacity expansion in India and abroad.
"UPL has planned a capex of Rs 650 crore in expansion of its capacity in technicals in India, France, Colombia and formulation in India, Rotterdam, Brazil and the US units, which will be kicked in from FY18 and will be the key growth drivers," broking firm Sharekhan said in its research note.
The company is expected to maintain a capex of Rs 250 crore in 2016-17 fiscal, it said.
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Himalaya sees diapers segment game changer for babycare folio * Herbal wellness major Himalaya Drug Company plans to increase distribution of Himalaya diapers as it expects the product to be a 'game changer' for its babycare portfolio.

"Himalaya diapers is a new entrant compared with the existing player... We are going to be very aggressive in this (diapers) market. We expect diapers to be highest contributer to our overall babycare portfolio. It will be a game changer for us," The Himalaya Drug Company General Manager-Baby Care Chakravarthi N V told PTI.
Paras Buildtech appoints Anubha Laroiya as Vice President
* Paras Buildtech today said it has appointed Anubha Laroiya as Vice President (Marketing) of the company.
She has experience of more than 15 years in the real estate industry in companies like Lotus Greens, The 3C Company, Vipul Ltd and Suncity Projects.

Since its inception in 2006, Paras Buildech has already delivered about 6.5 million sq ft and is working on various projects spread across North India.
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Coal India selects CMPDIL CMD Shekhar Sharan as Director * The chairman and managing director of Central Mine Planning & Design Institute (CMPDIL), Shekhar Sharan, has been given the additional charge of Director, Technical of state-owned CIL.
"Ministry of Coal...Has given Shekhar Sharan, CMD, CMPDIL additional charge of Director (Technical) of CIL (Coal India) w.E.F October 31, 2016," Coal India said.
Central Mine Planning & Design Institute is a subsidiary of Coal India.