Petrol to be cheaper by Rs. 0.95 per litre
Petrol vehicle owners will have some relief from the government after the Diwali season as the prices will be cut by 0.95 per litre. The new rates of petrol will take effect after midnight on November 15, 2012. Earlier, petrol prices…
Inflation and campaigns leave firecracker shops desrted during Diwali
The Diwali season has arrived but the firecracker business was the worst one to be hit despite being peak season time. The crowded streets at Sadar Bazaar, Delhi, which is the largest market in North India has some 70 odd…
Dairy companies begin purchasing skimmed milk powder to avoid summer shortage
Many Indian food, beverage, milk and ice-cream companies like Nestle and Vadilal have already started purchasing skimmed milk powder (SMP). The companies have started purchasing skimmed milk powder six months in advance, so as to manage a potential shortage of…
Vegetable prices come down due to improved supplies
In recent days it has been noticed that the vegetable prices in India have come down. The stability in the prices of vegetables has come due to improved supplies to vendors. Traders expect that the prices might fall further after…
Aircel to cut 600 jobs due to surging costs?
Telecom operator Aircel is expected to cut some 600 jobs, or 12% of its workforce in the near future. The company took the decision to reduce its workforce in six of its un-profitable regions, due to surging costs as well…
Real estate developers look for new ways to reduce construction costs
With the increase in input costs across markets, real estate builders across the country are looking for new technologies to control construction costs. Real estate sales are seeing reduced sales as costs rise across the country. It has been noticed that…
Car companies Maruti and Honda to hike vehicles prices
As the festive season fast approaches the season of discounts also begins. But while many of the car companies are offering attractive discounts, Indian auto giant Maruti Suzuki has announced that it will increase the prices across its range. Maruti…
Car makers hopeful of upcoming festive season despite diesel price hike
The recent price hike on the diesel prices has given a blow to the already slowing down of the passenger vehicle space. But the industry players are hopeful that the upcoming festive season will help to soften that knock. Some…
Venkatesh Kini appointed as Coca-Cola India’s vice president
Former marketing head of Coca-Cola India, Venkatesh Kini will be returning to India as the senior vice president of the Indian operations of the beverage company. Kini has been position number two in the company under the chairman Atul Singh….
Indigo, Jet Airways charge highest fares, Kingfisher charges lowest in July
Low cost Indian airline Indigo charged the highest fares on several sectors, while the Kingfisher Airline which was once considered as the ‘first class’, charged the cheapest. The latest figures from the month of July had shown some of the…