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Regular pay grew at an annual pace of 5.2%, much faster than expected, official figures show.
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News and Media
Tata Consumer is a very different business compared to where it was even till last year and very-very different from where it was four or five years ago. And it is this capital allocation intensity of some of our consumption picks, which is what we are trying to play rather than the standard FMCG of a little bit of market share gain in the existing categories and nothing new in terms of capital allocation beyond the core.
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Hubtown focuses on debt reduction and land monetization. The company aims for zero debt in the coming years. It will leverage prime land holdings, including a 150-acre Thane plot. Hubtown has a 30 million square feet portfolio. Ongoing projects include 25 Downtown and Hubtown Seasons. Upcoming projects include 25 Estates and 25 Vistas. The company recently raised Rs 1,250 crore.
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News and Media
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