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Weekly News 5<br />
CGF CEO blames India for Commonwealth Games chaos<br />Commonwealth Games Federation chief executive Mike Hooper denied hi...
Monsoon likely to ebb at end of this month<br />The monsoon seems to be withdrawing resulting in a drastic reduction of ra...
Raise of ceiling <br />The government has raised the ceiling for investment in government and corporate bonds.<br />Become...
Rebuts growth for consumer durable <br />Growth acc. To data released by market research GFK.<br />
Cont……<br />Due to this many of companies  are going change their distribution strategy.<br />
Ranbaxy got US nod for generic<br />Ranbaxy laboratories got the exclusive right to market a generic version.<br />US law ...
Nestle cuts milk purchase price but no relief for consumers<br />Nestle slashed the price of milk at which  it  buys milk ...
Double blow for FMCG Inc.<br />Prices of raw material increase due increase of food inflation.<br />ITC searching for chea...
Some Headlines<br />Hyundai lunches new car i10 at Rs. 3.48 lakh.<br />ITC enters instant noodles with sunfeast yippe.<br ...
Sensex and Nifty<br />
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WEEKLY NEWS

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WEEKLY NEWS

  1. 1. Weekly News 5<br />
  2. 2. CGF CEO blames India for Commonwealth Games chaos<br />Commonwealth Games Federation chief executive Mike Hooper denied his organisation was partly to blame for problems in the lead-up to the Delhi Commonwealth Games and said the fault lay with India<br />
  3. 3. Monsoon likely to ebb at end of this month<br />The monsoon seems to be withdrawing resulting in a drastic reduction of rainfall across India and northern India in particular.<br />According the Japanese meteorological agency, rainfall in general will also reduce in the two weeks after September 25. <br />Excessive rains in July have already hit the paddy crop of around 4 lakh hectares in both Punjab and Haryana. <br />
  4. 4. Raise of ceiling <br />The government has raised the ceiling for investment in government and corporate bonds.<br />Become cause of rising rate of loan in build road, ports and power plant.<br />Cap for investment in government security from $5b t0 $10b.<br />Corporate bonds from $15b to $20b<br />
  5. 5. Rebuts growth for consumer durable <br />Growth acc. To data released by market research GFK.<br />
  6. 6. Cont……<br />Due to this many of companies are going change their distribution strategy.<br />
  7. 7. Ranbaxy got US nod for generic<br />Ranbaxy laboratories got the exclusive right to market a generic version.<br />US law gave the generic maker to patent of six months for innovative drug.<br />This help for Indian company to earn $200m<br />
  8. 8. Nestle cuts milk purchase price but no relief for consumers<br />Nestle slashed the price of milk at which it buys milk from farmers in Punjab.<br />Government raised its retail price .<br />Nestle Indian processes for milk 9lakh littre/day.<br />GSK 3lakh milk L/d<br />Both private and government procure over 30 lakh milk L/d<br />
  9. 9. Double blow for FMCG Inc.<br />Prices of raw material increase due increase of food inflation.<br />ITC searching for cheap substitute for raw material e.g. edible oil instead of butter.<br />Due this HUL increased price of lifebuoy soap,<br />Rin 4-5%, Daber India 2-3%.<br /> The sharp increased cost in input costs put pressure on the domestic FMCG industry.<br />
  10. 10. Some Headlines<br />Hyundai lunches new car i10 at Rs. 3.48 lakh.<br />ITC enters instant noodles with sunfeast yippe.<br />Relience retail enter cash and carry business.<br />Fly mobile launches Fly phone theatre MV135, price-3949 <br />Sandstone, sequoia buy into Micromax, Rs.200crs.<br />
  11. 11. Sensex and Nifty<br />

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