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Sukhwinder Singh <br />MBA-2c<br />94972238237<br />Weekly Presentation on Economic Times(23 Aug-29 Aug)<br />Sensex: 1799...
M&M plans to bring SsangYong vehicles to India after completing the acquisition of South Korean automaker.<br />SsangYong ...
SsangYong is currently having a debt of $640 mn and according to the analysts the takeover could be around $500 mn.<br />C...
Panasonic will be investing Rs 1,400-cr in India in coming three years to establish the brand as home appliance leader in ...
<ul><li>Tax Slabs</li></ul>Rs 2,00,000- 5,00,000   : 10%<br />Rs 5,00,000- 10,00,000 : 20%<br />Above Rs 10,00,000       :...
Corporate Tax will be brought down to 30% from present 34%.
These changes will come into effect from April 1, 2011.</li></ul>Provisions Under Direct Tax Code<br />
HUL has pitched Pureit Marvella against Aquaguard to break Eureka Forbes’ grip over the market.<br />HUL has priced Marvel...
Reliance Communication is in discussions with global players like Motorola, HP, Sony and Intel for its infrastructure and ...
Over 650 Indian’s are on Interpol’s Wanted list.<br />After Blackberry, Govt. turns heat on ISPs (Google, Yahoo, Skype etc...
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Weekly News

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Transcript of "Weekly News"

  1. 1. Sukhwinder Singh <br />MBA-2c<br />94972238237<br />Weekly Presentation on Economic Times(23 Aug-29 Aug)<br />Sensex: 17998.41 Nifty: 5408.70 INR-USD: 47.40<br />
  2. 2. M&M plans to bring SsangYong vehicles to India after completing the acquisition of South Korean automaker.<br />SsangYong will be retained as a separate unit and the acquisition will complete within 4 months.<br />The range of SUV’s will start from 12 lakhs, a level where M&M’s flagship Scorpio SUV price band ends.<br />Mahindra-SsangYong Deal<br />
  3. 3. SsangYong is currently having a debt of $640 mn and according to the analysts the takeover could be around $500 mn.<br />Continued…….<br />
  4. 4. Panasonic will be investing Rs 1,400-cr in India in coming three years to establish the brand as home appliance leader in India.<br />Panasonic is also planning to open 40 new exclusive showrooms this year. Currently it has 110 such outlets.<br />Panasonic India<br />
  5. 5. <ul><li>Tax Slabs</li></ul>Rs 2,00,000- 5,00,000 : 10%<br />Rs 5,00,000- 10,00,000 : 20%<br />Above Rs 10,00,000 : 30%<br /><ul><li>Incase of Senior citizens and women the limit is Rs 2.5 lakhs.
  6. 6. Corporate Tax will be brought down to 30% from present 34%.
  7. 7. These changes will come into effect from April 1, 2011.</li></ul>Provisions Under Direct Tax Code<br />
  8. 8. HUL has pitched Pureit Marvella against Aquaguard to break Eureka Forbes’ grip over the market.<br />HUL has priced Marvella at Rs 6,999 with the same USP- that it does not run on electricity.<br />Eureka Forbes says, “There will be no knee-jerk reaction because comparing Aquaguard and Marvella is like comparing a Honda Accord and Maruti 800.”<br />Hindustan Unilever Targets Rival Eureka Forbes<br />
  9. 9. Reliance Communication is in discussions with global players like Motorola, HP, Sony and Intel for its infrastructure and 3G mobile business.<br />Recently RCOM has invested Rs 8,500-cr for securing the spectrum to offer 3G mobile services.<br />Analysts have estimated that RCOM will be needing Rs 5,000-cr for rolling out the networks.<br />RCOM looking for Partners <br />
  10. 10. Over 650 Indian’s are on Interpol’s Wanted list.<br />After Blackberry, Govt. turns heat on ISPs (Google, Yahoo, Skype etc.)<br />Dell has overtaken global rival HP first time in the Indian market with 15.2% share (According to IDC).<br />Petrol prices are set to rise by 70p per litre.<br />Miscellaneous News<br />
  11. 11. Tech Mahindra CEO Sanjay Kalra has resigned and Vineet Nayyar, who is the vice-chairman, will take over the operational responsibilities of CEO. <br />7 Pak players in 1,50,000 pound match fixing scandal.<br />Continued……….<br />
  12. 12. Thank You……………<br />
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