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Weekly news 4


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  • 1. 4thWEEKLY NEWS
    Presented By:-
    Amrit Gill
    MBA- 2A
  • 2. Soft opening of Games Village on Sept 16
    • The Organizing Committee of the Commonwealth Games 2010 Delhi today said that the soft opening of the Games Village will happen as scheduled on September 16.
    • 3. The state-of-the-art Village kitchen has been installed and started functioning in the Residential Zone in the Village," ."The caterer, Delaware North, has already tested the equipment. The first meals will be served on Monday, September 13."
  • Ford plans to launch 8 new vehicles, make India export hub
    Car maker Ford India plans to launch eight new products in India by mid-decade, with a view to tap the country’s fast growing auto market and to make it an export hub.
    Company Managing Director Michael Boncham said the company ‘has to be there in the small car segment’.
  • 4. IBM to handle IT for Bharti Airtel's Africa operations
    The 10-year deal will involve IBM consolidating Airtel’s IT operations in Africa into one integrated system. The US firm also handles Bharti’s information technology requirements in India, Sri Lanka and Bangladesh under a 2004 deal, which is estimated to worth at least $3 billion.
    Bharti Airtel had invited bids for the deal in April-end, suggesting it is looking for a better deal than the one offered by IBM in India.
    Bharti Airtel had invited bids for the deal in April-end, suggesting it is looking for a better deal than the one offered by IBM in India.
  • 5. Four funds eye Honda's stake in Hero Honda Motors
    KKR & Co, TPG Capital, Carlyle Group and Bain Capital LLC are competing to acquire a part of Honda Motor Co's stake in India's biggest motorcycle maker, Hero Honda Motors.
    Two of the funds may jointly buy about 15 percent, valued at $1.1 billion in Hero Honda.
    Another 5 percent may be sold to the Munjal family, founders of the Hero group, the report said, citing two unidentified people. Honda
  • 6. Kishore Biyani joins New York Fashion Advisory Board
    Future Group is a leading player in India's fashion industry doing a business of Rs 3,500 crore across brands every year.
    NYCEDC aims to develop the city's major business sectors by implementing policy and initiatives that address current issues faced by each industry, create jobs, and promote entrepreneurship and economic diversification.