Tata Tea has brought out a new campaign, “Jaago Re”, which is aimed at stepping up its consumer base in small towns villages. The campaign will be run across television, cinema houses, print, outdoor and radio.
The company is also thinking over a plan to set up an Internet site (website), Jaagoindia.org, and aspire to alter it into an idea-exchange program for young people.
New Delhi: Ansal Properties & Infrastructure Ltd and Malaysia’s UEM Builders Bhd have signed up a joint venture agreement for carrying out construction activities in India.
Bangalore: United Breweries (UB) is considering to lift around Rs 425 crore through a rights issue for providing financial support to its capacity development and upgradation plans. The final decision in this regard was taken at the company’s board meeting on September 27, 2007.
The two major stockholders chairman Vijay Mallya and UK brewer Scottish & Newcastle will take part in the rights issue compliant with their shareholding patterns.
Through subscription of preferential warrants allocation, the creators of Arvind Mills Ltd are ready to expand their shareholding in the textiles company by about 13 per cent from the subsisting 33 per cent.
In a statement to the stock markets, the company said that the founders of the company would pay a regular contribution to 50.6 million warrants, transformable into equity within the 18 months at Rs 52 per share.
Bharti Enterprises has declared addition of a second strategic partner in its retail expansion on Friday by adding up Filipino firm Del Monte Pacific Ltd in its business enterprise, FieldFresh Foods Pvt Ltd to sell agricultural products.
Bharti will get hold of Del Monte's Indian manufacturing facilities in Bharti's strategic move from retailing fresh farm produce to making processed goods.