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India
may not be able to meet offshore demand: Forrester |
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Tata
Engineering, which has incurred a loss of Rs 500.34 crore for
the year ended March 31, 2001, has formulated a comprehensive
recast plan with an emphasis on reduction in manpower by 3,400
during the current fiscal. |
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AXN
says subscription revenues will zoom, ad income to grow slow |
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AXN’S subscription revenues
in India will increase 80 per cent to reach around Rs 20 crore
in the current financial year while advertising earnings will
see slow growth to finish between $4 million-4.5 million. |
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Mumbai
CD, VCD makers halt production over excise levy issue |
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It is crisis time for the Indian
music/video industry as manufacturers of compact discs and video
compact discs in Mumbai have decided to stop production. This
is in protest against the government’s decision to change the
excise levy procedure. |
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Survival
strategy: Acquire and divest aggressively |
| |
Change is the name of the
game in the marketplace today and companies, especially those
operating in the hi-tech space, have to be aggressive in acquiring
and divesting businesses if they are to survive, according to
McKinsey & Company Inc managing director Rajat Gupta. |
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