FMCG firm Marico expects to grow in double digits for the next 4-5 years and is keeping options open for acquisitions in India and overseas markets to realise its ambitions.
"We are targeting double digit volume growth in January-March quarter", Sunil D'souza, MD of Whirlpool of India told CNBC-TV18.
The first unit in Gujarat will start production and sales by next month, said Maruti Suzuki Chairman RC Bhargava.
No-frills carrier IndiGo saw its market share climb to 39.8 percent -- the highest for any local airline -- last month. It had a market share of 37.9 percent in June.
Adhish Patil, CFO, Aarti Drugs said the slowdown in sales for the third quarter was mainly due to decline in exports and some inventory losses.
RS Kalsi, Executive Director-Marketing & Sales, Maruti said the company is committed to double-digit growth in FY16.
The keys to double-digit growth, however, are not held by the RBI or its ability to reduce interest rates. They are actually held by Arun Jaitley and the finance ministry: the two keys in his hands are quick recapitalisation of nationalised banks, and a sharp revival in public sector capital spending.
Economic Survey 2014-15 is one of the few exceptions. It is a lucid document in plain English that offers a fairly optimistic assessment of India‘s near and medium-term economic prospects, effectively mirroring Narendra Modi‘s promise of "achche din":
Thermax reported over two-fold jump in its net profit at Rs 86 crore for the quarter ended September 30, 2014. The company had posted a net profit of Rs 30.16 crore in the corresponding quarter of the last financial year.
However, increased inspection is a positive for the industry, opines Pankaj R Patel, chairman and managing director, Zydus Cadila Healthcare. This, despite the fact that the company has received a warning letter from the US regulator.
The world`s second-largest economy last saw double-digit growth rates in the second quarter of 2010, when it grew at a rate of 10.3 percent. For 2013, the economy is expected to post growth of 7.6 percent, according to a Reuters poll, a touch above the government`s target of 7.5 percent.
Pradeep Dwivedi is confident of achieving around 15-20 percent advertising growth both in Q2,Q3 as projected in their Q1 conference call. He also does not see any significant impact of rupee depreciation on their P&L.
Kamath believes in 12-18 months time growth will be back to normal, to the levels India has got used to.
Bosch global automotive business chairman Bernd Bohr told CNBC-TV18's Shereen Bhan that the company is confident of achieving high double-digit growth and will continue to implement its capex plan of Rs 2,200 crore in India
In an exclusive interview with CNBC-TV18’s Gautam Broker and Latha Venkatesh, Vinita Bali, CEO of Britannia says that the company is expecting high growth in the premium products range. The company has seen a double digit growth in the dairy business and is now moving into a line of breakfast cereals, she says.