Page 6489 - Company News

India has potential to become largest market for Oriflame: Niklas Frisk

India, where it started business in 1995, is its fifth largest market in revenue

GDS providers vie for Indian low-cost airline business

GDS providers including Amadeus and Travelport are making a pitch to Indian LCCs to sell their tickets on their platforms to increase their revenue

No changes in airport charges at Mumbai's CSI till May-end

AERA order of January 2015 impacts airport charges such as User Development Fee paid by passengers, and parking/landing fees paid by airlines

FMCG firms look to India as Bharat takes a pause

Household consumption growing in urban areas but slowing in rural, show data for 2014; In rural India, personal care and beverages segments do well, foods volume contracts 5%

Sahara saga: Mirach says 3 hotels can fetch maximum $1.67 billion

The Plaza and Dream Downtown in New York and Grosvenor House in London were acquired by Saharas between 2010-2012 at an estimated valuation of $1.55 billion

Ola Cabs to hold its first ever hackathon over weekend

Techies to develop solutions for problems relating to city travel; winners to get prize of over Rs 5,00,000, may get job at Ola Cabs

Logistics start-up CriticaLog in talks for raising Rs 30 crore

The company plans to expand its operations in tier-II cities and foreign markets

Make virtues of family business everlasting: Godrej to family business heads

Adi Godrej speaks about how the family-run businesses have an edge over the public companies and also suggested ways to tackle the challenges faced

Pharma cos increase focus on research and development: Report

Gujarat firms too spent anything between Rs 250-750 crore on R&D in FY14

Ola hackathon: A night of music, red bull and coding

Ola Cabs' first-ever hackathon saw nearly 180 techies creating solutions for solving problems around city traffic and commuting; Company plans to recruit select coders from the event

Black money in stock markets: Sebi to suspend shell companies

The capital markets regulator has identified three parameters for taking action against such companies

Bangalore R&D unit key to us, has filed 800-plus patents: Cisco

The networking giant invests as much as $1.7 billion annually in its operations in India across areas like R&D and employee training.

'Top Indian cos need Rs 1.7 lakh cr over next 3 yrs for growth'

Global consultancy EY said organisations should look at continuously improving their working capital policies

Govt to exempt shipping vessel sharing pacts from CCI ambit

A one-year exemption, which was earlier provided by the government, expired in December last year

Parsvnath to cut debt by Rs 400 cr this quarter

The company currently has a net debt of about Rs 1,300 cr

Attrition across sectors likely to go up to 20% in 2015

Sectors like ITeS, software and IT would lead the way primarily because of high entry level attrition

Samsung still leader, but losing ground in India: CMR

The Korean handset maker's market share fell to 16.5% in Dec, 2014 compared to 20.3% at the beginning of the year

Ramco Systems to raise Rs 500 cr this year

The enterprise software firm will utilise this fund to repay all of its outstanding debt and use the remaining for marketing and brand building activities

BSNL, MTNL not to participate in upcoming spectrum auction

BSNL's Anupam Srivastava says there is no need for additional spectrum at this point of time

TV makers, DTH operators look to cash in on ICC World Cup

Japanese electronics major Panasonic and South Korean giant LG are confident of doing good business, so also are direct-to-home operators Dish TV and TataSky