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HLL: the soap opera continues
When reforms did away with industrial licensing, the expectation was that Hindustan Lever, with a century-old presence in India, would foray into major industrial ventures. In India, Hind Lever is the leading multinational, which, in the pre-reform era, was restricted from expanding. It resorted to floating associate companies in the small-scale sector to jump the barricades.
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Gift business thrives in uncertain times
Whether out of love, affection or plain formality, gifts are a part of every person's life. But the business behind it is perhaps more complex than the feeling behind it. Manufacturing and trading in gifts involves strategic planning and decision making on the part of an entrepreneur keeping in mind the market he wants to cater to.
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Computer centres byte more than they can chew
Ambala has not remained aloof from the growing popularity of computer education and the fast money that can be made out of it. A fact borne out by more than 50 computer training centres which have come up in this small Haryana town over the last six years. However, the apparent profitability of the business is proving to be a bane with the number of institutes increasing faster than the business.
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An entrepreneurial incubator sets sight on India
The software giant, Microsoft, raised quite a few eyebrows with its recent acquisition of Hotmail, an 18-month-old Internet start-up, co-founded by an Indian, Sabeer Bhatia, in a multi-million dollar deal. For Kanwal S Rekhi, a US-based venture capitalist, however, the deal came as no surprise.
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