Dabur to relaunch Samara personal care range
New Delhi: Dabur is planning to relaunch its Samara range
of personal care products in the mass market category, after the brand has failed to take
off as a complete high-end premium cosmetic solution. Samara range was first launched by
Dabur four years ago but it failed to make its mark because Dabur was not geared to
marketing a whole basket of luxury products.
Dabur had launched some 33 products under the Samara umbrella. Two years later, several of
products had to be taken off the shelf, as Dabur felt it had not positioned them properly.
Dabur could not match up to high profile cosmetic boutiques like Shehnazs herbal and
Biotique, which the Samara brand was initially slated to take on.
The company has now identified skin care products as an important growth category along
with oral care and has planned to make headway in these segments at the earliest.
Back to News Review
index page
Sterlite Optical to
set up $300-m unit
Mumbai: Sterlite Optical Technologies Limited (SOTL) has announced plans to invest
$300 million in setting up a greenfield project for optical fibres. The proposed facility
would have a capacity of 10 million fibre km and will be set up in two equal phases of
$150 million each.
According to Mr. Anil Agarwal, chairman and managing director, SOTL, more than
three-fourths of the proposed investment would come from internal accruals. The first
phase of the new facility is expected to go on stream by 2002. This plant would be in
addition to the existing three-mfkm capacity that SOTL has at Aurangabad.
The expansion will enable SOTL to offer large export volumes to its strategic
international customers on a long-term basis, apart from consolidating our domestic
presence. The company has more than 60 per cent share of the 1.2 mFkm domestic segment.
Back to News Review
index page
Tata Power to acquire Tata
Petrodyne
Mumbai: Tata Power Company (TPC) is planning to acquire
Tata Petrodyne, an oil and gas exploration company from the Tata group to further
consolidate its energy business. The TPC Board will meet on December 20 to consider
proposal for purchasing TPL shares, a wholly-owned subsidiary of Tata Industries.
With this acquisition, Tata Power would be expanding into energy and broadband business in
a big way, Mr. Adi Engineer, chairman and managing director of TPC has said.
Back to News Review
index page
Ranbaxy
Labs to tap rural markets
New Delhi: Ranbaxy Laboratories has embarked on a major strategic
marketing initiative to tap the rural market demand on a countrywide basis. The rural
marketing programme was primarily initiated as a promotional activity, but the company now
wants to convert it into a stand-alone profit centre and help company achieve a turnover
of Rs 100 crore by 2002, from the rural markets alone.
Ranbaxy's rural marketing effort started in
January this year with the setting up of a special task force to expand on its marketing
reach. The division is expected to end the year with a turnover of around Rs 16-18 crore.
Turnover in the second year is expected to shoot past Rs 40 crore and Rs 100 crore in the
third full year of operation.
Ranbaxy also plans to give a major push to
this activity by expanding its horizon from the current six states to virtually every nook
and corner of the country. The company is planning to more than double its sales force
from 80 to around 200. The rural push will help the company extend its brand lifecycle
substantially of a number of products, which are, otherwise, not doing too well in the
urban market.
Back to News Review
index page
Alcatel, Tata
Telecom bag $12 m Birla AT&T contract
New Delhi: Alcatel, the French telecom company and Tata
Telecom have bagged a $12 million contract from cellular service provider Birla AT&T
for expansion of its mobile backbone network in Maharashtra and Gujarat. Alcatel and Tata
Telecom have been awarded a $12 million contract by Birla AT&T for the expansion of
its mobile backbone network in Maharashtra and Gujarat.
Under the contract, Alcatel would supply
its state-of-the-art microwave radio equipment and add drop multiplexers (ADMs) based on
synchronous digital hierarchy (SDH) technology to increase the network capacity by four
times, it said. The French telecom company will also provide its network management system
to provide continuity of transmission along the backbone.
The Tata Telecom will supply local hardware
support - antennas, other installation materials - and will also carry out the site
survey, civil construction and other maintenance related activities.
Back to News Review
index page
TISCO talks with
auto majors for supplying CR sheet
New Delhi: The Tata Iron and Steel Company (TISCO) is
discussing with major automobile manufacturers including Maruti, TELCO, Ashok Leyland and
Ford to supply cold rolled sheet from its new Rs 1,600-crore mill at Jamshedpur.
TISCO, in technical collaboration with
Japan's Nippon Steel, set up the mill at an estimated cost of Rs 1,600 crore to produce
cold rolled products, a major input for automobile industry. The new cold rolled mill,
which went on stream in May this year, hopes to produce 0.4 million tonnes during the
current fiscal which would be increased to its full potential of 1.2 million tonnes next
year.
According to Mr. J.J Irani, managing
director, Tisco while a few auto companies had accepted the quality of the product, Tisco
is yet to start supplying the specific steel on a commercial basis.
Back to News Review index
page
|