2. Toyota to launch 6 new hybrid models by 2012 Toyota motor to launch 6 more hybrid models by 2012 Japan and US expected to be among the major market for such vehicles The 6 planned gas electric hybrids will include hybrid only new models in addition to hybrid version of the existing gasoline vehicles such as luxury lexus CT100h hybrid model to be launched next year.
3. COKE V-P Pendurkar to sit at head of Kellogg’s India Table SangeetaPendurkar, VP-Coke(strategy and commercial beverages) taking over as MD of Kellogg’s India in two months. Ms Pendurkar to replace AnupamDutta(relocated to South Africa). In coke she steered the revamp of company’s Georgia tea and coffeeand extending coca cola’s juice brand Minute Maid to Nimbu Fresh
4. MUNJALS TO BUY HONDA STAKE IN JV The deal will see the munjal family –led by brijmohan lal munjal group – buying out honda’s entire 26% stake in the venture through a special purpose vehicle Honda may offload its stake at a discount to hero honda’s existing market price. At current market price, honda’s 26% stake is valued at Rs9000cr.
5. NSE to start mobile trading in early oct. RBI governor earns less than 5% of top-paid bankers.
