Brand

Brand

Himalaya seeks to increase brand visibility

The organised baby care market has become quite active in the past few years with the entry of several brands. Himalaya, which claims the second slot in the market, is aggressively taking up initiatives to increase brand visibility. It is opening exclusive brand outlets and setting up baby care rooms in airports.

Himalaya seeks to increase brand visibility

The organised baby care market has become quite active in the past few years with the entry of several brands. Himalaya, which claims the second slot in the market, is aggressively taking up initiatives to increase brand visibility. It is opening exclusive brand outlets and setting up baby care rooms in airports.

Himalaya seeks to increase brand visibility

The organised baby care market has become quite active in the past few years with the entry of several brands. Himalaya, which claims the second slot in the market, is aggressively taking up initiatives to increase brand visibility. It is opening exclusive brand outlets and setting up baby care rooms in airports.

BlueStone eyes Rs 1,000 crore revenues

Buoyant over the growth prospects of online jewellery business, BlueStone.com, India’s leading online destination for fine jewellery, is eyeing Rs 1000 crore revenues by 2019. Significantly, the jewellery market is currently valued at about $60 billion and is expected to cross the $100 billion mark in the next 4 to 5 years. The contribution of online however is only 0.2 to 0.3 per cent at present and is expected to reach 1 to 2 per cent in the next 4 to 5 years, which is a significant growth, considering the present size of the sector.

Diamond body eyes Al Rosa JV to revive Bunder project

India’s gems and jewellery trade body has proposed a joint venture between Russian miner Al Rosa and Indian diamond companies to revive the Bunder diamond project in Madhya Pradesh, which was abandoned by Rio Tinto.
GJEPC mooted this proposal at a recent meeting at the Alrosa headquarters in Moscow with its newly appointed president Sergey Ivanov and vice presidents Yuri Okoyomov and Andrey Polyakov.

Pvt carriers seek part waiver of non-aero airport charges

Private airlines such as IndiGo, GoAir and Jet Airways have asked for part waiver of non-aero airport charges during closure of runway for maintenance. This will allow carriers to save on fixed cost during reduction of flights from these airports.

Pushing boundaries

Tesla Inc chief executive Elon Musk took many risks with the technology in his company’s cars on the way to surpassing Ford Motor’s market value. Now Musk is pushing boundaries in the factory that makes them. Most automakers test a new model’s production line by building vehicles with relatively cheap, prototype tools designed to be scrapped once they deliver doors that fit, body panels with the right shape and dashboards that don’t have gaps or seams.

SC allows NDMC to e-auction Taj Hotel after licence expiry

The Supreme Court on Thursday permitted the New Delhi Municipal Council (NDMC) to e-auction the Taj Hotel on Mansingh Road in the capital following the expiry of the licence granted to the Tata Group to run the hotel.
A bench of Justices PC Ghose and Rohinton Nariman also accepted the NDMC’s plea that Tata Group cannot have the right of refusal in auctioning of the hotel. The bench, however, asked NDMC to grant six months “breathing time” to the company for vacating the hotel in case they lose out in the e-auction.

Nissan slashes Sunny sedan prices by up to Rs 1.99 lakh

Japanese automobile manufacturer Nissan slashed prices of its mid-sized sedan Sunny in India by up to Rs 1.99 lakh, citing better localisation.
Sunny will be now available at a starting price of Rs 6.99 lakh going up to Rs 8.99 lakh (ex-showroom Delhi), Nissan Motor India Pvt Ltd (NMIPL) said in a statement. Under the new prices, petrol variant of Sunny will now cost Rs 6.99 lakh, a cut of Rs 1.01 lakh, while the top-end automatic transmission variant is tagged at Rs 8.99 lakh, a reduction of Rs 1.99 lakh.

NTL targets tier 2 cities for LED lights

Noida-headquartered NTL Electronics India Ltd, which in 2012, teamed up with Lemnis Lighting of the Netherlands to develop and market sustainable LED lighting solutions for the end consumers, is extremely bullish about the growth of the LED lighting business in India. NTL Lemnis currently sells its products under the ‘Pharox’ brand. Indian LED Lighting market, according to NTL Lemnis, is growing at a rapid pace with a CAGR of around 42-45 per cent and is expected to reach Rs 17,400 crore in 2019-20 from the current level of Rs. 9,900 crore, said Arun Gupta, managing director, NTL Group.

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