Ferrari will start business in India in January 2011 and aims to close the year better than last year despite the economic crisis. Indigo received permission to begin international flights next year. Aircel will launch 3G services in Q1 of next year after investing $500 million for expansion. ADF Foods acquired US-based Elena's Food Specialities, a manufacturer and marketer of organic Mexican foods. Emami hired Bollywood actress Bipasha Basu for 3-4 crores to promote its skincare and personal care brands for three years.

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2. Ferrari to start up business in India in January 2011Ferrari will start up business at the start of next year as the luxury sports car maker.Despite the crisis they will close the year better than last year.The carmaker is currently present in 57 markets.Fiat currently owns 85 percent of Ferrari.

3. Indigo gets permission to fly overseasBudget air carrier Indigo has received government's permission to fly from next year. The airline would now work on routes and other modalities involved in its proposed international operations.Indigo is the second budget air carrier after Spice Jet, which would be flying overseas. Spice Jet, plans to launch flights to Kathmandu and Colombo from next month.

4. Aircel to launch 3G services in Q1 next year,invest $500 mnMobile phone service provider Aircelwill launch its services in the first quarter of next year and will invest $500 million for the same.For the entire 2G and 3G it will invest a little over $1 billion.The firm currently has a subscriber base of 45 million.The company had won spectrum for 13 new circles across India. These include Delhi (Metro), Mumbai (Metro), Andhra Pradesh, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra & Goa, Rajasthan, Punjab, UP (West) and UP (East).

5. ADF Foods acquires US-based Elena's Food SpecialitiesADF Foods Ltd, a leading packaged Indian food provider, today has entered into an agreement US-based Elena's Food Specialities.Elena's is a US-based manufacturer and marketer of organic and natural products and a leading provider of protein-based Mexican foods in the natural and organic category.The acquisition will be conducted by means of an asset purchase by ADF and/or its international subsidiary companies.

6. Emami ropes in BipashaBasu as its brand ambassadorThe Kolkata-based FMCG major, Emami, has roped in Bollywood diva BipashaBasu as its brand ambassador for three years for a contract of 3-4 crores..Bipashawill promote the top brands from our portfolio in the skincare and personal care segment.Emami is still in talks to bring MalaikaArora Khan on board for Zandu balm. The sales of Zandu Balm are increasing at a rate of 45-50%.