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Nivea to raise contract manufacturing in India

CRISIL, a credit rating agency, expects loan restructuring to touch Rs 2,00,000 crore by March 2013. Crisil estimates that the total restructured loans will account for 3.5 per cent of the total advances as at March 2013.

Analjit Singh, Non-executive Chairman, Vodafone India
Analjit Singh, Non-executive Chairman, Vodafone India
German skincare major Nivea plans to increase its contract manufacturing to meet rising demand for its products in India, a top company official said Wednesday."We have third-party manufacturers exclusively for us for soaps and talcum powder. We are also evaluating other portfolio to be manufactured locally. We are looking at deodorants and emulsions... we are looking at the whole gamut. "We are close to finalising something and that...
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