The Hindu Business Line : Monday, July 28, 2003

UB Spirits offers to share profits with executives
While this sort of employee incentive is not new for the FMCG sector, it is a novelty for the highly regulated IMFL industry, estimated at 85 million cases annually. More

Allied Domecq announces price cuts in Karnataka
ALLIED Domecq Spirits & Wine (I) Ltd has announced significant price reductions for its brands in the Karnataka market. This follows the excise duty revision by the State Government in the wake of the setting up of Karnataka Beverages Corporation ... More

RURAL MARKETING

Shrachi group penetrates rural market
THE Kolkata-based Shrachi group, which has entered the Kerala market with financing of commercial vehicles, light heavy and multi-utility, and tippers about a decade back, has cornered a market share of 10 per cent in this competitive segment. ... More

CHANNELS AND FRANCHISES

Auto dealers' body plans group to share ideas
THE Federation of Automobile Dealers' Association (FADA) has said that it intends to constitute a group. The group would "share their experiences and ideas", the President of FADA, Mr Ajit Chordia, told an open house meeting. The `best ... More

RETAILING

As losses mount... Music retailers go for smaller stores
Piracy, remixes, the digital technology revolution, and now privatisation of FM radio, all seem to have led to the downfall of the music industry. More

NEW PRODUCTS & SERVICES

Daimler plans used Merc business
DAIMLERCHRYSLER India Pvt. Ltd, manufacturer of Mercedes Benz cars, has welcomed the import of second-hand Mercedes cars into India, as "it will only increase our brand value and sales in the long run". "We have found that when somebody buys a ... More

Brand Quest

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