Tourism industry woos Indians as budgets and interest grow
Article Abstract:
Indians are increasingly interested in traveling abroad for vacation, seeing the sights they once only viewed in movies. Banks and travel companies are teaming up to help finance the trips, while other travel companies are offering innovative and specialized tour packages. The market is very large, with 20 million Indians able to afford travel abroad in part because of a burgeoning middle class, rising disposable incomes and exposure to the global environment via satellite TV and the Internet.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Hindustan Lever conquered market one sachet at a time
Article Abstract:
Hindustan Lever Ltd. sees growing profits since former chairmen Ashok Ganguly understood how to market household staples in India, and S. M. Datta managed the business through mergers and acquisitions. Hindustan's current chairman Manvinder Singh Banga has big expectations for the food business, and now claims over 70% of the shampoo market.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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Trading ban roils Bombay
Article Abstract:
The Securities and Exchange Board of India is prohibiting carry-forward trading, a form of margin trading. After the announcement, the Sensitive Index opened 4% lower than before, but recovered before the end of the day. The Bombay Stock Exchange experienced several cases of alleged stock manipulation during 2001.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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