middle income

Nokia Starts To Re-Focus

With a market share of Seventy Percent, one might think that mobile handset and accessory maker Nokia might take it easy but the Finnish company has absolutely no intention of losing it’s staggering market share in the world’s second largest mobile and telecom market.Nokia has been pretty casual in it’s Indian approach for the past two years and that has led them to losing almost five percent of their market share. The rate at which India’s mobile market has grown during this time has been stagerring.Nokia have not failed in terms of earnings, they have done so in adding newer customers.

Britannia Reinvents Itself

In the midst of all the economic chaos and hullabaloo, one company has managed to quietly snake its way towards growth and remarkable profits. Many have been envious with the ease with which Britannia Industries, best known for their line of eatable consumer goods from cakes to biscuits have been able to grow and grow well. But at the back of this rise in business has been a very well laid out strategy and some extremely smart and effective marketing. The company decided to take a bunch of calculated risks and each one seems to be paying off.

Watch Out For July 22

With the Sensex having reached levels below 14,000 many have a feeling that the index has completely bottomed out. Funds from abroad are not coming in while the high rate of inflation is forcing the domestic investor to put his money elsewhere. There are some who also feel that the Sensex will fall to lower levels perhaps around ten or eleven thousand.

This is why July 22nd is an important date.

DLF invites Private Equity players to its middle income homes business

New Delhi, India, November 20, 2007 - DLF Ltd has announced that the Company has attracted participation of private equity real estate funds in its township projects by diluting 49% equity stake at a premium, in seven residential projects to a Merrill Lynch & Co entity for a consideration of Rs 1481 crore.
The mid-income housing projects, located in Chennai, Bangalore, Kochi and Indore would get fully developed in about 7 - 8 years time frame.
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