Saturday, May 14, 2011
Saturday, May 7, 2011
Happy Companies & Happy Work !!
FMCG major Hindustan Unilever, telecom player Bharti Airtel and state-owned NTPC were adjudged among the best employers in India by leading global human resources management company Aon Hewitt.
Aon Hewit in its seventh 'Best Employer in India Study 2011', done in partnership with magazine Outlook Business, has listed the country's 25 companies that provide the best working environment for employees.
Hindustan Unilever is put on top of the list as the best employer, followed by Aditya Birla Group, LG Electronics India , Godrej Consumer Products , Bharti Airtel, NTPC, Becton Dickinson India, Aircel, Wipro and Marriott Hotels India.
"Best Employers in India represent organisations that have done an outstanding job of aligning people strategy with articulated business strategy. The Best have been able to offer a compelling career proposition to their employees in a high performing work environment that differentiates needs, expectations and drivers of different employee segments," Aon Hewitt India Project Director Rakesh Malik said.
Aon Hewit in its seventh 'Best Employer in India Study 2011', done in partnership with magazine Outlook Business, has listed the country's 25 companies that provide the best working environment for employees.
Hindustan Unilever is put on top of the list as the best employer, followed by Aditya Birla Group, LG Electronics India , Godrej Consumer Products , Bharti Airtel, NTPC, Becton Dickinson India, Aircel, Wipro and Marriott Hotels India.
"Best Employers in India represent organisations that have done an outstanding job of aligning people strategy with articulated business strategy. The Best have been able to offer a compelling career proposition to their employees in a high performing work environment that differentiates needs, expectations and drivers of different employee segments," Aon Hewitt India Project Director Rakesh Malik said.
Wednesday, April 27, 2011
Wipro Worry About Rising Input cost ..!!
Wipro's consumer products division will increase prices of its soap brands such as Santoor and Chandrika for the second time this calendar year due to high palm oil prices, a top executive said.
The company will increase soap prices by around 5%, Wipro Consumer Care and Lighting President Vineet Agrawal said. He said he did not expect Wipro consumers to opt for cheaper brands after the price increase. Wipro Consumer's sales rose 19% in the quarter ended March despite a 5% increase in soap prices during January-February .
The company will increase soap prices by around 5%, Wipro Consumer Care and Lighting President Vineet Agrawal said. He said he did not expect Wipro consumers to opt for cheaper brands after the price increase. Wipro Consumer's sales rose 19% in the quarter ended March despite a 5% increase in soap prices during January-February .
Sharp increases in key ingredients such as palm oil and crude oil hit personal care product makers in recent months. "Palm oil prices are still at an all-time high... but I am not expecting a further hike in prices unless crude goes awry," Agrawal said.There was a 10-15% correction in prices in mid-March.
Tuesday, April 26, 2011
Gilleette, half shave out it's profit !!
Gillette India net profit down 51.45% at Rs 20.73 crore
Personal care products maker Gillette India Ltd (GIL) posted 51.45 per cent dip in net profit for the third quarter ended March 31 at Rs 20.73 crore on the back of high advertising spends. In the same period last year, the company's net profit was Rs 42.70 crore, Gillette said in a filing to the Bombay Stock Exchange .
GIL's net sales for the three month period under review, however, grew 18.61 per cent at Rs 263.11 crore compared to Rs 221.81 crore during the quarter ended March 31, 2010.
"There has been a substantial increase in advertising and sales promotion expenses," the filing said.
GIL spent Rs 72.68 crore on advertising and sales promotion during the three months ended March 31, 2011, compared to Rs 42.16 crore in the same period last year.
Marico to invest Rs 37 cr to set up facility in Bangladesh
Indian personal care products maker Marico today said it will invest up to Rs 37 crore to set up a manufacturing plant in Bangladesh.
"We will be investing 50-60 crore Taka (Rs 30-37 crore) to set up a manufacturing unit here," Marico Ltd Chairman & Managing Director Harsh Mariwala told PTI here.
With this, the total investment of the company in Bangladesh will go up to 100 crore Taka (about Rs 62 crore), he said.
Marico Ltd listed itself in Bangladesh in 2009 and has already invested about 20 crore Taka to acquire two brands and 4 crore Taka to set up a Kaya Skin Care Clinic here. It has one manufacturing plant in the country.
"We will be investing 50-60 crore Taka (Rs 30-37 crore) to set up a manufacturing unit here," Marico Ltd Chairman & Managing Director Harsh Mariwala told PTI here.
With this, the total investment of the company in Bangladesh will go up to 100 crore Taka (about Rs 62 crore), he said.
Marico Ltd listed itself in Bangladesh in 2009 and has already invested about 20 crore Taka to acquire two brands and 4 crore Taka to set up a Kaya Skin Care Clinic here. It has one manufacturing plant in the country.
Thursday, April 14, 2011
TANG TRYING TO TAG INDIAN MARKET..
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