Weekend News

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Weekend News

  1. 1. Economic Times Presentation (15 Nov – 19 Nov) Presented By:- Tanvi Sharma MBA-2C
  2. 2. Johnson & Johnson in trouble for 10,000 faulty hip replacements  Pharma giant Johnson & Johnson is facing a multi-million- pound legal claim after more than 10,000 patients in Britain were told their hip replacement operations needed to be reversed.  Many patients have been in excruciating pain, with some unable to walk since the operation.  Now patients are preparing a class action suit against Johnson & Johnson's orthopaedic branch in a case which could cost the company 350 million pounds.
  3. 3. Continued…….  Over 10,000 patients have been recalled to hospital to have their operations reviewed because components used to cushion and fix the artificial joint were causing tumours and depositing toxic metal in the blood.
  4. 4. M&M to hit MotoGP track for global bike  The country’s youngest motorcycle maker Mahindra 2Wheelers will participate in the 125cc category of the world’s oldest motorcycle events started in 1949.  Association with MotoGP will provide an ideal platform for Mahindra to showcase its two-wheeler technology.  Presently 2-wheeler market is dominated by Hero Honda and Bajaj Auto.  M&M, a leader in SUVs and tractor segments.
  5. 5. Contd…  Entered the 2-wheeler market with gearless scooters in Sept last year after acquiring Pune-based Kinetic.  Entered into the motorcycle market this Sept with the 110cc Stallio and the 300cc Mojo.  MotoGP has three racing categories: 125cc; Moto2, the 600cc four-stroke engine category; and MotoGP, where competing bikes must be prototypes with maximum engine capacity of 800cc.  Leading teams of the 125cc are Derbi, Aprilia, Honda, KTM, Lambretta and Yamaha.
  6. 6. Unemployment rate at 9.4% in 2009-10 fiscal  Agriculture, forestry and fisheries sectors continued to employ the largest workforce in the country.  Out of 1,000 employed, 455 were working in Agriculture, forestry & fisheries, 89 in manufacturing sector, 88 in wholesale and retail trade, 84 in community services and 75 in construction sector.
  7. 7. THANK YOU………..

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