8 Indian companies on Fortune 500 list

New cars in India

- Mahindra & Mahindra rolls out Bolero variant at Rs 6.33 lakh
-Vespa scooter to be back on Indian roads by March 2012 after more than a decade
-Renault Koleos launched at Rs 22.99 Lakh
-Tata Indigo e-CS VX launched at Rs 5,80,339 lakh
-Hyundai offers new i30
-Mercedes-Benz launches New CLS 350, two more models soon
-Yamaha R15 relaunched at Rs 1.07 lakhs

Washing Powder NIRMA

This the how the NIRMA Empire began. Karsanbhai Patel used to work as an assistant in a Chemical Lab in Ahemdabad, Gujrat. At that time there were only two types of detergents in the market. 1. the soap ( or tikki as it is called) for Rs2 2.Surf Powder for Rs 13 per kg. The Gujratis have a joint family which are very economical. Thus washing clothes with hands with the soap by the ladies of the whole family was very tiresome. And had they used the Surf it would have been very easy. So the ladies wanted to get the leisure of the Surf but at the price of the soap. Patel then at his chemical lab made a formula of a detergent that cost around Rs 3 per kg. Thus he filled both the criteria of low cost and comfort of a powder. He went on to sell this product to ladies door to door. He also gave a money back assurance to people if they were not satisfied. Plus the powder he made was more eco friendly than the Surf, who charged more because of its monopoly in the market. This went to NIRMA making 800,000 tonnes of detergent every year. NIRMA is also famous for its jingles for its marketing strategies. Revenues - Rs 3550 crores. 

Pharma in India

• Second Largest in the world
• Revenues (2009 - 10) = Rs 137 Crores ($3 billion)

Top 10 Pharmaceuticals in India, as of 2010

Rank	Company	Revenue 2010(Rs crore)	Revenue 2010(Rs billion)
1	Cipla	4,198.96	41.989
2	Ranbaxy (Taken over by Daiichi Sankyo in 2008)	4,162.25	41.622
3	Dr. Reddy's Laboratories	3,763.72	37.637
4	Sun Pharmaceutical	2,463.59	24.635
5	Lupin Ltd	2,215.52	22.155
6	Aurobindo Pharma	2,081.19	20.801
7	GlaxoSmithKline(British company)	1,773.41	17.734
8	Cadila Healthcare	1,613	16.13
9	Aventis Pharma(Swedish company))	983.80	9.838
10	Ipca Laboratories	980.44	9.8044

• 2%  share in global markets, growing at 10% annually

Acquisitions

• August 28, 2006, Pennsylvania, US-based Mylan Inc bought Hyderabad-based Matrix Laboratories for $736 million.
• April 20, 2008, Singapore’s Fresenius Kabi bought Dabur Pharma, on June 11, 2008, Japanese innovator medicines company Daiichi Sankyo bought Ranbaxy Laboratories.
• July 27, 2009, French multinational Sanofi Aventis bought Shantha Biotech,  on December 16, 2009, US-based Hospira bought the injectables business of Orchid Chemicals.

9/5/11

• Toyota to stop exports of Camry to North America from Japan. 2008 exports = 8,200 units. 2010 exports = 3,200. Global sales = 690,000.
•  Peugot (French Company) to invest Rs 4000 crore in Gujrat and will start operations by 2014. Ford India, Tata motors and General motors already in the market. 
• Pharma exports of India to touch $12 Billion this fiscal.

ITC Limited (Imperial Tobacco Company)

Market Cap = $30 Billion
Turnover = $6 Billion
Products = Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Agri-Business, Packaged Foods & Confectionery, Information Technology, Branded Apparel, Personal Care, Stationery, Safety Matches and other FMCG products
Headquarters = Kolkata, West Bengal
Acquisitions = 12 - Pyxis Solutions, Bilt Indl Pkg - Paperboards bus, Ansal Hotels

22-07-2011

Tata Motors opens new factory in South Africa
BP buys $7.2 billion in RIL blocks stake
PepsiCo to open bottling unit in Hossiarpur in Punjab
Glaxo Smith launches two drugs vaccines