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When fly dubai started operations to Lucknow in June, many were surprised. Why would Dubai's first low cost carrier (LCC) choose a Tier II city for its maiden Indian route?...But this is good business strategy, something that other foreign carriers
Pune emerged India's top employment centre among tier II cities in the April-June quarter of current fiscal, says a study. Ranchi occupies the top slot among tier III cities, adds the study carried out by industry chamber Assocham.
Japanese digital imaging firm Canon is looking at an over 40 per cent jump in total sales in India to Rs 1,200 crore by the end of this year, for which it will spend about Rs 110 crore on brand building. The company, which had clocked sales worth Rs
The outer limit is 600 basis points over base rates," Bhaskar Sen, chairman and managing director, told reporters on the sidelines of the bank's first annual general meeting. The base rate of the bank has been fixed at 8.25 percent, and 600 basis
India's per capita coffee consumption, at a nascent 75-80 gm stage, is set to see a push from coffee retail chains that are looking at rapid expansion in the face of 35-40 per cent annual growth. The total organised coffee market in the country is $
Consumers in urban India beyond the six metros Mumbai, Delhi, Bangalore, Hyderabad, Chennai and Kolkata are flexing their growing money power. Branded consumer products are finding takers in expanding numbers. Marketers and retailers are taking note
Wealth generation in India is happening on a massive scale and anyone wearing plain clothes and chappals can be a Mercedes Benz owner, a top official of the luxury car maker said on Monday. Wilfried Aulbur, the auto company's managing director, said
Footwear firm Liberty Shoes plans to open 60 outlets, including 10 overseas stores, this fiscal, a top company official said. "We plan to open 50 outlets pan-India, primarily in Tier II destinations which will take our network-strength to 550 by end-
As a rising star on the junior ski racing circuit, 17-year-old Katie Ryan of Aspen has learned much already. There are the obvious lessons in technique, the more gradual education in discipline, the psychological development of poise under pressure...
With life insurance companies shifting their focus in selling insurance in tier II and III cities, the Unit Linked Insurance plans (Ulips) are also fast gaining popularity there. Risk averse Indians in these cities earning a salary less than Rs 5