According to a filing by the Mukesh Ambani owned group on the BSE, 50% of the payment was done by 30th May and the next tranche will be done by 30th 2017.
The local ‘darzi’ is back in demand, being wooed by both online, offline retail cos that want to mend a sales gap that’s caused every time ill-fitting clothes are returned.
Arvind also expects to double its revenues by 2020 to become a $1 billion (around Rs 6,700 crore) company.
The strategy is to ensure that companies are prepared to innovate and that the process goes beyond just having the initial ideas.
Propelled by the growth in non-banking financial company asset management, telecom, rayon and agri business , its consolidated annual net profit was up by 30.34% to Rs 1886 crore.
Members of the Cook entourage were easy to identify — all were wearing Apple watches, tapping away at their MacBooks and speaking in whispers.
Reliance executives made a strong pitch about how Apple can play a role in Jio’s growth and bundling of iPhones with its data service.
It will help the foundation to innovate on their flagship ‘Programme in Life Management’ in their Gurukuls, and build the team needed to scale pan-India.
Managing directors/CXOs hired laterally include Guenter Butschek (Tata Motors), Rakesh Sarna (Indian Hotels), Naveen Tahilyani, Neelesh Garg (Tata AIG) and Mayank Pareek.
What it is looking for are solutions for some of the toughest problems faced by Tata companies across products, business models and internal processes.
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