16 Habits which will save money for you

 16 Habits

1. Stop purchasing items that you can do without
2. Don’t purchase without a discount coupon
3.  Say no to impulse buying If you see something you want, put it aside and think about it for at least a couple of days. Chances are, the impulse should pass
4. Wait for prices to fall to a discounted rate before buying (applies especially to electronics items)
5. Don’t buy an item just because it is on sale unless you need it
6. If you do eat out, buy gift certificates for half price meals same thing applies on movies use your master card, visa card to buy 1 ticket and get 1 free
7. Get at least 5-6 quotes when shopping
8. Save money when buying clothes for the following year at the end of the season / during the off season. You can get great mark down prices
9. Don’t buy any Computer software unless you need it check indiafreestuff.in periodically and you can get many genuine licensed softwares for free
10. Pay your bills online this will save your time and fuel
11. Read your local newspapers online
12. When you receive a gift that you are sure you won’t use, re-gift or sell on ebay.in
13. Save money when shopping next time at the supermarket like Reliance mart and Bigbazaar by remembering to check the lower items nearer to floor level as they are often much cheaper than those at eye level
14.  For your friends and family who do not feel slighted by this, send e-mail cards for holidays, birthdays and as thank you cards. In addition, e-mail family and friends who live far away, instead of calling long distance, you can also use free zoomin postcards
15. Send sms from online sites which offer free sms and save money
16. Make sure you never use a credit card unless you plan to pay off the entire balance each month. If you owe money on any card, cut it up and throw it away

Tata to enter spices market under Tata Sampann brand

R. Mukundan, managing director, Tata Chemicals

 

All its existing products, such as I-Shakti besan and pulses, will now come under the Tata Sampann brand, except the iconic Tata Salt 

Tata Chemicals Ltd, maker of branded salt and pulses, on Thursday announced its entry into the spices business, as part of its aim to treble revenues from the consumer products business to Rs.5,000 crore in the next four years.

The Tata group company is launching its spices under a newly created umbrella brand— Tata Sampann. All its existing products, such as I-Shakti besan (gram flour) and pulses, will now come under the Tata Sampann brand, except the iconic Tata Salt.
“All our future products in the consumer products and food segment will be launched under Tata Sampann, which will be addressing the need gaps in the Indian consumer market over a period. One of the key categories is the ready-to-assemble food segment,” said R. Mukundan, managing director, Tata Chemicals.
Tata Chemicals plans to focus on quality assurance and play in the “above mass-market space with better value propositions”, said Mukundan.
Besides 100-gram packs, Tata Sampann is launching single-use sachets of spices (five small sachets of 20gm each in a 100gm packet) that the company thinks will offer better value. Initially, it is launching chilli, turmeric and coriander powders and a few mixed spices.
“Tata Sampann will focus on offering everyday nourishing foods that form a part of the Indian thali, as they enable delivery of health and wellness to a wide cross-section of consumers,” Richa Arora, chief operating officer (consumer products business), Tata Chemicals, said.
Tata Chemicals has been selling pulses since 2010 under the I-Shakti brand that is available at over 70,000 retail outlets.
The same network will be used for spices and products that the company will launch in the future.
Pulses, according to industry estimates, account for over Rs.100 crore of the company’s business.
Tata Chemicals has a strong presence in fertilizers, chemicals, crop-protection chemicals, speciality fertilizers and branded food products and food additives. Its consolidated revenue for fiscal year ended 31 March was Rs.17,202 crore, according to filings with the BSE.
The overall food market in India, according to Mukundan, is estimated at about Rs. 6 trillion crore. The packaged food market was estimated at $20 billion (Rs.1.29 trillion) in 2014, according to a study by retail consulting firm Technopak Advisors.
“This is a huge opportunity for us,” added Mukundan.
The spices market in India is estimated at Rs.40,000 crore. Of this, just about 15% is branded, dominated by brands such as Catch, Everest, MDH and Ramdev, among others, according to a study by Technopak Advisors.
Tata Chemicals engages with 150,000 farmers across four states for sourcing pulses, in an initiative led by Rallis India Ltd, a Tata enterprise. “We monitor the entire supply chain—from farm to consumers in order to ensure quality,” said Mukundan.
Tata Chemicals is expanding its retail footprint to about 2.5 million outlets, from the current 1.43 million.
However, other fast moving consumer goods(FMCG) and packaged foods companies have wider retail presence.
ITC Ltd products are available at 4.3 million retail outlets, Hindustan Unilever Ltd reaches about 6.3 million outlets and Swiss packaged food company Nestle India Ltd’s total reach is 4.5 million stores.