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Popular Articles

Singapore exchange may lose edge in Nifty futures
The share of SGX Nifty has risen from 2% in March to 5.9%.

Sesa Goa: Realisations drop
Sesa Goa saw its profits and revenues fall a whopping 50 per cent and 38 per cent, respectively, on a year-on-year basis for the September 2009 quarter even as it sold more iron ore and pig iron. Although the performance includes the numbers of Dempo Mining, acquired in June this year, the Street was disappointed.

News of the day

MCA asks Sebi to provide details of RIL probe
The Ministry of Corporate Affairs (MCA) has asked the Securities and Exchange Board of India (Sebi) for details of its investigation pertaining to Reliance Industries Ltd (RIL). The market regulator had acted on a complaint that RIL had allegedly routed funds to dummy companies to buy its own shares nine years ago.
International Business

Officer's Choice crosses 10 mn cases mark

Allied Blenders and Distillers today said its heritage whisky brand, Officer"s Choice, has crossed the 10 million cases mark to become the fastest growing whisky brand in the country clocking a compounded annual growth rate (CAGR) of 31 per cent over the last three years. - MF assets may grow 29% annually till 2014: Report - Mutual Fund assets may grow 29% annually in next 5 yrs - Riding on revival signs, IPA eyes modest growth - "India"s consumer comm mkt to reach Rs 24k cr by 2013" - Fret not on stocks - KIT: The Indian animation industry Only 11 brands in the world have managed to achieve the milestone across all the categories of liquor, a release said, quoting the "Millionaires 2009 supplement of Drinks International. The brand has also increased its all India market share in regular whisky segment to 19.5 per cent from 15 per cent a year ago, it added. The milestone was achieved in 12 months between July 2008 and June 2009 when Officer"s Choice recorded a sale of 10.4 million cases. According to Deepak Roy, Executive Vice Chairman and CEO, ABD, "Officer"s Choice growth strategy has borne fruits. Various brand investments using innovative sales and marketing strategies are beginning to pay off. This also includes our decision of giving Officer"s Choice a contemporary look in tune with modern times and changing consumer aspiration". Roopak Chaturvedi, Director Sales and Marketing, ABD, "Our aggressive and innovative marketing approach has contributed tremendously to achieve this milestone."" The Millionnaires Supplement 2009, in its recent issue has rated Officer"s Choice as the second fastest growing whisky brand in the world and fourth largest selling whisky brand in the world.


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