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22-26th Nov 2010
Amit Chawla
Mba 2B
 SPYKER, the car that sizzled with Sharon Stone in
Hollywood thriller Basic Instinct 2, is headed for India, all set
to enter here by next year.
 "Spyker is always looking for the right partners in viable
markets for the brand and we are discussing with a number
of potential partners in many new markets, India included,“
 "Spyker has shortlisted the potential partners and we will
announce the new retail partner when the arrangements are
finalised. It is our intention to launch the Spyker product in
2011," the company said.
22nd Nov
 SetTo Meet Overseas Soon;
 May Discuss Option Of Honda’s Counter-OfferTo Hero
 Would see the Hero group buy out Honda and acquire
majority control over the bike maker. But there could
yet be a twist in the tale
 The offer from the Munjals to buy out Honda at around
40% discount has not found favour with the Japanese
company, said a person aware of the situation.
23rd Nov
 CANADA’S Research in Motion, the maker of the popular BlackBerry
cellphone, on Tuesday said it would meet the Indian government
deadline of January 31 to provide a ‘final solution’ for lawful interception
of services offered on this handsets.
 Mr Crow also claimed that there was no deadline imposed by the
government, and said the January 31 was a negotiated date for RIM to
‘complete developments of certain projects to meet mutual goals’.
 India’s home ministry was also targeting the virtual private network
(VPN) – the secure solutions offered by other companies such as Nokia,
Microsoft,Google, IBM and Oracle.
24thNov
 THE rupee slipped to a fresh twomonth low on
Wednesday amid an equity market sell-off in late trade
on reports of a federal probe into loans issued by
financial institutions while broad dollar gains also
weighed.
 The partially convertible rupee closed at 45.6950/7050
per dollar, 0.3% below its 45.57/58 close on Tuesday. The
rupee, however, recovered from the day’s low of 45.8350,
which was its lowest since September 21.
 The euro hit a two-month low against the dollar on
Wednesday as an earlier recovery fizzled out due to
worries the euro zone debt crisis will spread and on
renewed concerns about Korean tensions.
25thNov
 THE much-awaited mobile number portability (MNP), a service that allows
subscribers to change service providers while keeping the same number,
will be available to more than 700 million Indian subscribers from January
20, 2011, the new telecoms minister, Kapil Sibal, said
 “Mobile number portability which we are inaugurating in Haryana will be
available on January 20 next year across the country. We will be technically
and commercially ready,” Sibal said.
 Mobile phone users in Haryana will be able to switch between nine
operators - Airtel, Idea Cellular, BSNL, Aircel, Loop, Vodafone, Etisalat,
Sistema andVideocon
 But after switching, the consumer will have to stay with a particular
operator for at least three months .
26thNov
Weekly news  22 -26 nov

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Weekly news 22 -26 nov

  • 1. 22-26th Nov 2010 Amit Chawla Mba 2B
  • 2.  SPYKER, the car that sizzled with Sharon Stone in Hollywood thriller Basic Instinct 2, is headed for India, all set to enter here by next year.  "Spyker is always looking for the right partners in viable markets for the brand and we are discussing with a number of potential partners in many new markets, India included,“  "Spyker has shortlisted the potential partners and we will announce the new retail partner when the arrangements are finalised. It is our intention to launch the Spyker product in 2011," the company said. 22nd Nov
  • 3.  SetTo Meet Overseas Soon;  May Discuss Option Of Honda’s Counter-OfferTo Hero  Would see the Hero group buy out Honda and acquire majority control over the bike maker. But there could yet be a twist in the tale  The offer from the Munjals to buy out Honda at around 40% discount has not found favour with the Japanese company, said a person aware of the situation. 23rd Nov
  • 4.  CANADA’S Research in Motion, the maker of the popular BlackBerry cellphone, on Tuesday said it would meet the Indian government deadline of January 31 to provide a ‘final solution’ for lawful interception of services offered on this handsets.  Mr Crow also claimed that there was no deadline imposed by the government, and said the January 31 was a negotiated date for RIM to ‘complete developments of certain projects to meet mutual goals’.  India’s home ministry was also targeting the virtual private network (VPN) – the secure solutions offered by other companies such as Nokia, Microsoft,Google, IBM and Oracle. 24thNov
  • 5.  THE rupee slipped to a fresh twomonth low on Wednesday amid an equity market sell-off in late trade on reports of a federal probe into loans issued by financial institutions while broad dollar gains also weighed.  The partially convertible rupee closed at 45.6950/7050 per dollar, 0.3% below its 45.57/58 close on Tuesday. The rupee, however, recovered from the day’s low of 45.8350, which was its lowest since September 21.  The euro hit a two-month low against the dollar on Wednesday as an earlier recovery fizzled out due to worries the euro zone debt crisis will spread and on renewed concerns about Korean tensions. 25thNov
  • 6.  THE much-awaited mobile number portability (MNP), a service that allows subscribers to change service providers while keeping the same number, will be available to more than 700 million Indian subscribers from January 20, 2011, the new telecoms minister, Kapil Sibal, said  “Mobile number portability which we are inaugurating in Haryana will be available on January 20 next year across the country. We will be technically and commercially ready,” Sibal said.  Mobile phone users in Haryana will be able to switch between nine operators - Airtel, Idea Cellular, BSNL, Aircel, Loop, Vodafone, Etisalat, Sistema andVideocon  But after switching, the consumer will have to stay with a particular operator for at least three months . 26thNov