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Weekly news

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Weekly news Weekly news Presentation Transcript

  • BY HARPREET KAUR MBA-2A
  • Nissan to unveil diesel variant of Micra in India
    • Nissan Motor India Limited will unveil the diesel variant of its Micra compact hatchback car in December second week.
    • India will be the first country to have the 1.5-litre K9K diesel version of Micra hatchback with intelligent key, immobilizer, a push-button engine start-stop system and electric foldable mirror.
    • Nissan formed the 50:50 joint venture with French automaker Renault to set up a manufacturing plant at Oragadam near Chennai.
  • Cadbury to start producing Kraft Foods' Tang in India
    • Cadbury will start local manufacturing of parent Kraft Foods' orange drink Tang.
    • It will also embark on a capacity expansion for its confectionery products.
    • Earlier Tang was being imported from Thailand and now will be produced at Kraft's Hyderabad plant.
    • Cadbury India came under the Kraft Foods fold after the US-based firm acquired British candy maker, Cadbury Plc for $19.6 billion.
  • Toyota gears up for Etios launch in India on Wednesday
    • Japanese automobile giant Toyota Motor Corporation is gearing up for the launch of Etios car in India on Wednesday with its President Akio Toyoda flying down for the event.
    • The launch is undoubtedly a major milestone for Toyota's Indian entity -- the Toyota Kirloskar Motor Private Limited, its joint venture with the Kirloskar Group.
  • RIL ranked 20th in list of world's largest chemical firms
    • The country's most valued firm, Reliance Industries , has been named among the world's top 20 chemical companies in a global ranking.
    • The company led by industrialist Mukesh Ambani has been ranked at 20th position in the ICIS Top 100 Chemicals Companies list, which was topped by German major BASF.
  • Facebook to patent the word face
    • Facebook is planning to trademark the word ‘face’ because it wants to stop other companies using the term in a way which damages its own brand.
    • Facebook providing online chat room and electronic bulletin boards for transmission of messages among computer users in the field of general interest and social and entertainment subject matter.
  • Sebi not keen on BSE’s Computer Age buy plan
    • BSE’s plan to buy a majority stake in registrar and share transfer agent Computer age management Services doesn’t seem to favour in Sebi.
    • There could be conflict of interest as exchange have to deal with listed companies as regulator provide by RTA Services.
  • Samsung non-commital on setting up solar photovoltaic unit
    • Stating that South India is the largest market for Samsung, he said the company has invested a total of nearly Rs 576 crore till date and provided employment to 1500 people at the Chennai facility.
    • Samsung India currently has two manufacturing facilities in India. The Sriperumbudur facility is the company's sixth manufacturing unit globally.