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Cos target young with top-end mobile phones
Companies such as Samsung Telecom and Nokia are targeting rich, young consumers with hi-tech mobile phones that offer an impressive range of features, giving a whole new meaning to the term, convergence in technology.
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Mom and pop stores will continue to remain relevant in India: McKinsey
According to a McKinsey & Company report, organized retail may account for 14-18 per cent of the projected Indian retail market of US$ 450 billion by 2015. But even as organised retail evolves, mom and pop stores will remain relevant across towns in India.
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Arch Pharmalabs becomes a leading API maker
Ajit Kamath, along with his partners, bought an ailing maker of intermediates that had filed for protection under the Board for Industrial and Financial Reconstruction (BIFR) and turned it around to make it a leading, active pharmaceutical ingredients (API) manufacturer.
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