Kolkata | 7 days ago
Uniross could break even in two year: Eveready
Kolkata, Sep 23 - Eveready Industries - Limited -, a flagship company of the B.M. Khaitan Group, Friday said Uniross SA, a French rechargeable battery maker it acquired two years ago, could break even this year and become profitable in two years' time.EIIL acquired the French firm from CG Holding to gain access to other geographies where the company has no presence like Europe, Southeast Asia and ... read more

New Delhi | 1 year ago
Centre to pay for clean-up of Union Carbide plant
New Delhi, Aug 20 - Based on the recommendation of the Group of Ministers, the central government has decided to bear the cost of clearing up the toxic waste lying at the defunct Union Carbide plant in Bhopal since the gas leak disaster 25 years ago, the Rajya Sabha was informed Friday.'Based on the recommendation of the Group of Ministers on Bhopal gas leak disaster, the Government of India has d ... read more

New Delhi | 1 year ago
India has no plan to ban Dow Chemicals
New Delhi, Aug 19 - India has no plan to ban Dow Chemicals in the country while the due process of law will be followed in fixing civil and criminal liabilities of the firm in the 1984 Bhopal gas disaster.'There is no proposal to blacklist and ban the entry of Union Carbide, which is now called Dow Chemicals in the country,' Minister of State for Chemicals and Fertilizers Srikant Kumar Jena said T ... read more

Kolkata | 1 year ago
Eveready plans to expand product portfolio
Kolkata, July 30 - Eveready Industries India Ltd is planning to expand its products portfolio to reduce dependency on batteries, a company official said here Friday.'We need to expand our portfolio to bring in volumes and improve profitability as some of the new businesses we ventured into are not giving us the desired margins,' Deepak Khaitan, vice chairman and managing director of Eveready Indus ... read more

Kolkata | 1 year ago
Calcutta Business School plans course for executives
Kolkata, May 12 - Calcutta Business School -, an S.K. Birla group institute, is planning to start a 15-month programme for executives from next year, a top group official said Wednesday.'We are planning to start a 15-month course for the executives from next year,' S.K. Birla, chairman of the CBS board of governors, told reporters at a press meet here. The course fees would be Rs.9-10 lakh. The se ... read more

Kolkata | 1 year ago
Eveready hikes battery prices by 5-10 percent
Kolkata, March 13 - Eveready Industries India has hiked the prices of its range of dry cell batteries by 5 to 10 percent, a senior company official said here.The prices were increased from Friday. 'Over the past 4-5 months there has been a continuous upward climb in the prices of zinc, a key raw material for making batteries, which has adversely impacted the manufacturing cost of carbon zinc batte ... read more

Guwahati | 1 year ago
Corporate honchos pledge to invest in Assam
Guwahati, March 9 - Leaders of corporate India Tuesday pledged to invest in Assam and explore opportunities for business in agriculture, tourism and rural infrastructure and setting up of power plants, IT parks and bio-diesel facilities.'I would say my visit to Assam is a real eye opener. The potentials here are enormous. We are keen to aggresively participate in the agro-industry sector, mainly t ... read more

Guwahati | 1 year ago
Business leaders to take part in Assam investment meet
Guwahati, March 8 - Top corporate honchos of India are expected to attend Tuesday an investment summit here aimed at exploring opportunities for business in developing rural infrastructure, agriculture and setting up power plants, IT parks and bio-diesel facilities in Assam.Among those who are likely to attend the meet are Tata Sons chairman Ratan Tata, Eveready Industries chairman B.M. Khaitan, B ... read more

2 years ago
Eveready eyes 10 percent growth in 2009-10
Kolkata, July 24 - India's leading dry cell battery manufacturer Eveready Industries is eyeing a growth of 10 percent in 2009-10 as against a revenue decline of eight percent the previous year. 'We hope the de-growth will be arrested, and we are expecting a 10 percent growth. Our sales volumes should grow by 55 percent,' Eveready executive vice-chairman and managing director Deepak Khaitan said ... read more

2 years ago
Eveready close to acquiring European battery company
Kolkata, May 14 - Dry cell batteries and flashlights manufacturers Eveready Industries India is close to acquiring Paris-based Uniross SA, a top official said over a conference call from Frankfurt. Uniross, a 40 million-euro - European leader in rechargeable batteries, is reported to be in deep financial trouble owing to the recession and hike in raw material prices. Eveready, based here, Thurs ... read more