Thomas Cook to put its commercial spaces on sale

DNMUM277151 | 5/21/2013 | Author :Ashish K Tiwari | WC:271

Mumbai: Travel and tour operator Thomas Cook (India) Ltd (TCIL) is selling some of its commercial spaces to raise money for working capital requirements.The company is understood to have roped in

Stuck-in-ditch fleets extend agony for truck-makers

DNMUM277152 | 5/21/2013 | Author :Yuga Chaudhari | WC:409

Mumbai: Rising diesel prices, economic slowdown and almost flat freight rates have affected the overall profitability of fleet operators, further delaying purchase of commercial vehicles (CVs). La

Coming up next, ITC as India's #2 FMCG player

DNMUM277153 | 5/21/2013 | Author :Nupur | WC:495

Mumbai: Twelve years after entering the fast-moving consumer goods business, cigarette major ITC has steered it into the black.That's no mean feat, say analysts, because gestation periods are

For telcos, data tsunami equals streams of revenue

DNMUM277142 | 5/21/2013 | Author :Beryl Menezes | WC:483

Mumbai: Recent results of telecom companies have shown a marginal rise in average revenue per user (Arpus) and consolidated toplines.Telcos have attributed this to some active subscriber gain (aft

ECGC ups cover for exporters, bankers

DNMUM277143 | 5/21/2013 | Author :Aswathy Varughese | WC:303

Mumbai: In a bid to promote exports, the state-owned Export Credit Guarantee Corporation (ECGC), which covers exporters' and bankers' credit risk, has enhanced the credit risk cover in the r

StanChart to buy Morgan Stanley's India wealth unit

DNMUM277144 | 5/21/2013 | Author :Aswathy Varughese | WC:186

Mumbai: Leading international bank Standard Chartered (StanChart) has agreed to buy Morgan Stanley's Indian wealth management unit which has about $800 million of assets under management. The val

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