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Weekly news


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Weekly news

  2. 2. Nissan to unveil diesel variant of Micra in India  Nissan Motor India Limited will unveil the diesel variant of its Micra compact hatchback car in December second week.  India will be the first country to have the 1.5-litre K9K diesel version of Micra hatchback with intelligent key, immobilizer, a push-button engine start-stop system and electric foldable mirror.  Nissan formed the 50:50 joint venture with French automaker Renault to set up a manufacturing plant at Oragadam near Chennai.
  3. 3. Cadbury to start producing Kraft Foods' Tang in India  Cadbury will start local manufacturing of parent Kraft Foods' orange drink Tang.  It will also embark on a capacity expansion for its confectionery products.  Earlier Tang was being imported from Thailand and now will be produced at Kraft's Hyderabad plant.  Cadbury India came under the Kraft Foods fold after the US-based firm acquired British candy maker, Cadbury Plc for $19.6 billion.
  4. 4. Toyota gears up for Etios launch in India on Wednesday  Japanese automobile giant Toyota Motor Corporation is gearing up for the launch of Etios car in India on Wednesday with its President Akio Toyoda flying down for the event.  The launch is undoubtedly a major milestone for Toyota's Indian entity -- the Toyota Kirloskar Motor Private Limited, its joint venture with the Kirloskar Group.
  5. 5. RIL ranked 20th in list of world's largest chemical firms  The country's most valued firm, Reliance Industries , has been named among the world's top 20 chemical companies in a global ranking.  The company led by industrialist Mukesh Ambani has been ranked at 20th position in the ICIS Top 100 Chemicals Companies list, which was topped by German major BASF.
  6. 6. Facebook to patent the word face  Facebook is planning to trademark the word ‘face’ because it wants to stop other companies using the term in a way which damages its own brand.  Facebook providing online chat room and electronic bulletin boards for transmission of messages among computer users in the field of general interest and social and entertainment subject matter.
  7. 7. Sebi not keen on BSE’s Computer Age buy plan  BSE’s plan to buy a majority stake in registrar and share transfer agent Computer age management Services doesn’t seem to favour in Sebi.  There could be conflict of interest as exchange have to deal with listed companies as regulator provide by RTA Services.
  8. 8. Samsung non-commital on setting up solar photovoltaic unit  Stating that South India is the largest market for Samsung, he said the company has invested a total of nearly Rs 576 crore till date and provided employment to 1500 people at the Chennai facility.  Samsung India currently has two manufacturing facilities in India. The Sriperumbudur facility is the company's sixth manufacturing unit globally.