Dec 18, 2015 - Hindustan Unilever buys Indulekha in return to hair oil segment

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Sree Vijaykumar From the Editor's Desk There have been various points made against the bullet train between Mumbai and Ahmedabad. One argument is that the bullet train budget is 2.4x the annual Indian Railway budget. However, the bullet train cost is being financed by a 0.1% interest rate loan provided by the Japanese (and project execution is over 7 years). Even if this is denominated in yen, the effective interest rate should be around 2% (with rupee-yen devaluation considered). Deepak Shenoy makes a sound financial argument in this article that shows a 5%+ ROI on the overall investment (with a rather big assumption of operational profit of 20% though). Other than the Rs 5000cr per year revenue potential from tickets, added benefits of the project would include increased trade and productivity in the region and competition amongst other states to implement such projects (similar to what happened after the successful Delhi Metro launch). For those who say we have other problems to deal with like building toilets and schools, the argument is void because first of all, the project financing is external and should be addressable from operational profits. This money is not coming from the Indian government. And secondly, by that logic we should never have built the various expressways and new airports that have been built in the last decade? India cannot afford to progress in a linear fashion anymore. We have to grab opportunities where we see them and leapfrog where possible - Comment Hindustan Unilever buys Indulekha in return to hair oil segment The Rs330 crore deal with Mosons Extractions marks HUL’s re-entry in the hair oil segment to take on local challenge Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans 1000 companies may be part of Make in India week It will feature exhibition of innovative products and manufacturing processes, a hackathon and sessions on urban planning, among other events. Urjit Patel set to get second term as Reserve Bank of India deputy governor Patel, seen as a key lieutenant of RBI governor Raghuram Rajan, was initially appointed for a three-year term in January 2013. 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