2. Coca Cola to invest Rs 550 cr on a new plant in India Atlanta-based Coca Cola will invest up to Rs 550 crore to set up a new bottling plant in Karnataka, India The new facility is being set up by Hindustan Coca-Cola Beverages, an Indian subsidiary of the firm, at an initial investment of Rs 250 crore Coca Cola has so far invested over USD one billion in India It has has 55 bottling operations, of which 23 are owned by the company and rest are franchisee owned. Besides, 11 contract packers manufacture a range of products for it. Its products includes Coca Cola, Thumps Up, Sprite, Fanta, Limca, Maaza, Kinley and Georgio
3. Tata Motors to launch Aria within a month, may price it Rs 10 lakh Tata Motors will launch Aria a cross-over between a multi-utility and sports utility vehicle Aria will compete with Toyota Innova and M&M's Xylo Tata Motors plans to pack the vehicle with lot of features to take on utility vehicles like Innova, Scorpio, Bolero and Xylo he Aria sports a 2.2-litre common rail diesel engine and 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' current line up of SUVs and MUVs include Safari and Sumo Grande.
4. Apple launches iPhone 4 in China Apple launched the latest version of its iPhone in China and boosted its presence in the world's biggest Internet and mobile market by opening another two stores in Beijing and Shangha The 16-gigabyte version of the smartphone, which will have wireless Internet capability, will cost 4,999 yuan (744 dollars) at Apple stores with the 32-gigabyte selling for 5,999 yuan China has at least 420 million web users and is also the world's largest mobile market with more than 800 million subscribers as of the end of June
5. Zandu Balm issue: Dabangg producers, Emamisettle issue out of court EmamiLtd,the owner of Zandu Balm, said its copyright infringement dispute with the production company of Salman Khan starrer ‘Dabanng’ has been amicably settled between the two parties. Subsequently, the company will be using the chartbuster ‘MunniBadnaam’ for its promotional campaigns, while it is still in talks over using MalikaArora Khan, who did the item number in the film, as brand ambassador for Zandu Balm
6. Nano to be 2nd best selling car in India by FY 11 Nano, the small car from the Tatas,is projected to become India’s second best selling car next year, according to market research firm JD Power. According to a report by JD Power, Nano will replace Hyundai’s i10, which is slated to take the second position in 2010 after Maruti Suzuki’s Alto. Tata Motor’s Indica will be the third best seller this year
7. Viacom 18 Media launches Colors channel in Middle East The country’s leading entertainment conglomerate, Viacom 18 Media is launching its flagship channel Colors in the Middle East. The channel will be broadcasted via direct-to-home platform through Arab Digital Distribution Company (ADD), a leading DTH player in the Middle East and North African region. The channel is an equal joint venture between Viacom Inc and Network18
