India

News, Analysis & Opinion about Indian Business

HLL is now Hindustan Unilever Ltd

India’s largest FMCG company, HLL has unveiled a new corporate identity represented by a new logo and also a new name Hindustan Unilever Limited (HUL).

Forget metros, Tier II cities to lead the growth wave

After the top 8 metros of India, its now focus on tier II and III cities as these cities would drive the investment and growth phase of the country owing to the huge unexplored potential in these cities.

Investing in Public Provident Fund — Part II

Withdrawal The investor is permitted to make one withdrawal every year beginning from the seventh financial year of an amount not exceeding 50% of the balance at the end of the fourth year or the financial year immediately preceding the withdrawal, whichever is less.

Investing in Public Provident Fund — Part I

Introduction PPF is a 30 year old statutory scheme of the Central Government started with the objective of providing old age income security to the unorganized sector workers and self employed persons.

Why are Indian Retail Giants wary of Online Presence?

A lot has been said and written about the growth of organised retail market in India and how big corporates, either solely or though foreign partners, would change the landscape of the country’s retail scenario with huge investments and nationwide presence.

After IT Parks, Food Parks in India Attract Investment

With a view to reduce crop wastage of Rs.50,000 crore per year and increase share of processed food in the country to 20% from the present 6%, the government is setting up 30 food parks in next 5 years with a public-private partnership.

Amul Butter and Cheeni Kum – Sexy Taste

Amitabh Bachchan, the self-proclaimed chef of the finest authentic Indian restaurant in London, enjoying Amul butter – Cheeni Kum, Butter Zyada, Sexy Taste.

Reverse Mortgage in India – The Tax Implications

With the government still unclear about the final tax treatment of  the periodic payments received by the borrower under a reverse mortgage scheme, many banking companies and especially the senior citizens (users for the product) are in a state of dilemma.

Why is the Indian Rupee Falling?

After creating nerves for Indian exporters, especially the IT companies, the rupee finally touched a month low by falling 43 paisa to close at 41.13 (it touched an intraday high of 41.18) on 8 June.