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Land Acquisition: Fear Factor for Companies
Land acquisition process, in the recent times, has emerged as a major bottleneck resulting in time lags, cost over runs, business uncertainties and even shelving of projects by companies. Tata’s Singur project in West Bengal, Vedanta’s (Sterlite) project in Orissa, Posco’s Paradeep project in Orissa and Jindal’s Raigarh project in Chattisgarh are some classic examples that showcase project shelving due to the cumbersome land acquisition process in India. This article discusses the challenges faced by companies in land acquisition for their projects in India and the way forward.

IIMs see better summer
Companies like Goldman Sachs, HSBC, Nomura, Standard Chartered, JPMorgan and RBS flock the campuses Banking and finance companies, whose dismal performance in late 2008 caused panic among students and faculty members of the premier Indian Institutes of Management, are making up this year with better profiles and stipends.

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'PSUs as an asset class is a good investment theme'
Jitendra Gupta / Mumbai January 21, 2010, 0:27 IST
International Business

Officer's Choice crosses 10 mn cases mark

Allied Blenders and Distillers today said its heritage whisky brand, Officer"s Choice, has crossed the 10 million cases mark to become the fastest growing whisky brand in the country clocking a compounded annual growth rate (CAGR) of 31 per cent over the last three years. - MF assets may grow 29% annually till 2014: Report - Mutual Fund assets may grow 29% annually in next 5 yrs - Riding on revival signs, IPA eyes modest growth - "India"s consumer comm mkt to reach Rs 24k cr by 2013" - Fret not on stocks - KIT: The Indian animation industry Only 11 brands in the world have managed to achieve the milestone across all the categories of liquor, a release said, quoting the "Millionaires 2009 supplement of Drinks International. The brand has also increased its all India market share in regular whisky segment to 19.5 per cent from 15 per cent a year ago, it added. The milestone was achieved in 12 months between July 2008 and June 2009 when Officer"s Choice recorded a sale of 10.4 million cases. According to Deepak Roy, Executive Vice Chairman and CEO, ABD, "Officer"s Choice growth strategy has borne fruits. Various brand investments using innovative sales and marketing strategies are beginning to pay off. This also includes our decision of giving Officer"s Choice a contemporary look in tune with modern times and changing consumer aspiration". Roopak Chaturvedi, Director Sales and Marketing, ABD, "Our aggressive and innovative marketing approach has contributed tremendously to achieve this milestone."" The Millionnaires Supplement 2009, in its recent issue has rated Officer"s Choice as the second fastest growing whisky brand in the world and fourth largest selling whisky brand in the world.


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