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5th weekly news

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  • 1. 5th Weekly News
  • 2. Emami Ltd, the owner of Zandu Balm, said its copryright infringement dispute with the production company of Salman Khan starer 'Dabangg' has been amicably settled between the two parties. (As per Emami, Director Mohan Goenka)
    Subsequently, the company will be using the chartbuster 'MunniBadnaam' for its promotional campaigns, while it is still in talks over using MalaikaArora Khan, who did the item number in the film, as the brand ambassador for Zandu Balm.
    Emamisettles dispute over Zandu Balm song; to use for ads
  • 3. National Council of AppliedEconomic Research (NCAER) has estimated in its report, "How India Earns, Spends and Saves", that despite the economic slowdown of the last three years, the number of high-income households in India has exceeded the number of low-income households.
    Households with high income or earnings have grown by over 3.7% in total and now touch the mark of around 21%. That is not all also the households with low income sources have fallen by around 3.2% and gone down to a mark of 18%.
    More rich than poor Indians
  • 4. Volkswagen-Suzuki pact set for India run
    German carmaker Volkswagen (VW) may extend its global partnership with Suzuki in India by tapping the manufacturing and design facilities of Maruti-Suzuki in India.
    Both automakers are likely to work together at Maruti-Suzuki’s new plant at Manesar.
    VW intends to use this production facility to raise its presence and market share in India.
    Volkswagen India chief Mueller said that the company is looking at capturing an 8% market share in the next 3-4 years.
    In December 2009, VW, Europe’s largest carmaker, agreed to buy a 19.9% stake in Maruti Suzuki’s Japanese parent for $2.5 billion.
  • 5. TATA Motors will launch Aria cross over between a MUV and a SUV in the next month.
    It will be priced around Rs 10 lakh.
    Aria is intended to be in competition with Toyota Innova and M&M’s Xylo.
    The Aria sports a 2.2-litre common rail diesel engine.
    It blends the functionality and comfort of a mid-range MPV with the all-terrain assurance and premiumness of an SUV.
    Safety features include 6 airbags and Electronic Stability Program (ESP), offered by an Indian manufacturer for the first time.
    Tata Motors to launch Aria within a month, may price it Rs 10 lakh
  • 6. Research in Motion (RIM), the maker of Blackberry has finally surrendered to Indian security agencies’ demand for access to their server.
    The security agencies already had access to voice data, SMS and general emails sent through Blackberry devices but Blackberry email and messaging services that are highly encrypted were major concerns for the security agencies.
    With this understanding in place the government has decided to serve notices to Google and Skype also to fall in line.
    Blackberry controversy

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