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Sunil Jain: Media's decade
Sunil Jain / New Delhi January 04, 2010, 0:20 IST

Mafatlal Industries to alter product mix
Mafatlal Industries, a flagship company of Arvind Mafatlal Group, is planning to increase production of school uniform and corporate uniform by reducing capacity of non-profitable product ranges like industrial fabrics, sheeting’s, government supply products etc.

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Ebony Gautier to invest Rs 100 cr for expansion
Home furnishing retail chain Ebony Gautier is planning to invest Rs 100 crore over the next three years to expand its retail business and set up 20 large format speciality outlets across the country.
Management

Oil prices fall to $71 in opening trade

Oil prices fell to near $71 a barrel today in Asia, giving up part of the previous day"s big gains, as the US dollar rebounded. Benchmark crude for November delivery was down 49 cents at $71.20 by midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract added $2.12 to settle at $71.69 yesterday. "There hasn"t been a strong signal that the economy is recovering," Chu said. "There are still job losses every month."


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