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15 19 nov


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15 19 nov

  1. 1. WEEKLY NEWS 15 – 19th NOV
  2. 2. Coke plans new unit to enter pure juices  Coca-Cola India is forming a new division dedicated to juices for the first time.  Focus on health beverages to offset a possible slowdown in its core fizzy drinks.  Coca-Cola has two juice drinks – Maaza and Minute Maid.  It doesn’t sell pure juices.  This category is dominated by three players: Dabur’s Activ, PepsiCo’s Tropicana and recent entrant Parle Agro’s Saint.
  3. 3. Contd…  Pure juices are sold as products that do not contain added sugar, colour or preservatives.  Coca-Cola’s mango juice-based drink Maaza leads overall Rs 600 crore juice category.  Its Minute Maid brand has been slowing-down.  Other significant players in juice drinks include Parle Agro’s mainstay brand Frooti and PepsiCo’s Slice.
  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. Axis Bank wins Enam, buys its best for Rs 2,067 crore  Enam - one of Dalal Street’s most influential brokerage- cum- investment banks.  Axis, led by CEO Shikha Sharma, a former ICICI Bank director.  Acquires Enam Securities’ key businesses such as investment banking, institutional and retail broking, and distribution of financial products in an all-stock deal worth Rs 2,067 crore.  Enam and its founders will enter into a five-year non- compete agreement with Axis, and the private bank will have the right to use the Enam brand for two years.
  8. 8.  Thank you