WEEKLY NEWS -ECONOMIC TIMES Submitted by : Sambhavjain MBA – 2A
Delhi Metro to reserve coach for women from Oct 2 The reserved ladies’ coach will be the first after the driver’s cab in every train. Children up to 12 years, accompanied by women passengers, will also be allowed to travel in the reserved coach The decision was taken by DMRC managing director E. Sreedharan, keeping in view a number of requests received from various quarters and because about a quarter of the total passengers travelling on the Delhi Metro consists of women passengers.
Mahindra Satyam's delisting from NYSE unlikely to help Mahindra Satyam, formerly Satyam Computer Services, will delist from the New York Stock Exchange, or NYSE, after realising that it cannot meet the October 15 deadline for preparing financial statements under US accounting standards The news triggered a massive 26% fall in its ADRs & the domestic shares fell 6%, Due to the late SEC filings, which are among the unfortunate results of the misdeeds of former management, we are delisting from the NYSE.
IBM is the second largest private sector employer in India after TCS . The company has more than one lakh people on its rolls. IBM Number two employer
Tata Motors will launch Aria a cross-over between a multi-utility and sports utility vehicle within a month. Unveiled at the Auto Expo and billed as a four-wheeler built for Indians by Indian engineers, Aria will compete with Toyota Innova and M&M's Xylo. Tata Motors to launch Aria within a month, may price it Rs 10 lakh
Emami settles dispute over Zandu Balm song; to use for ads Emami Ltd, the owner of Zandu Balm, said its copyright infringement dispute with the production company of Salman Khan starrer '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.