2. Zen Mobile aims 7-10% market share, to launch more models The country's cluttered mobile market's new entrant Zen Mobile plans to launch 3G handsets next month to tap the burgeoning mobile industry. They will launch at least two 3G handsets priced between Rs 3,500-Rs 5,000 in November this year. They will launch more 3G handsets in the future. They aim to triple our market share to 7-10 per cent from the present 2.5 per cent by FY 11. Zen Mobile is eyeing at least a Rs 500 crore revenue from both domestic and overseas markets by end-this fiscal
3. Hyundai to launch 2-3 new models every year: Park Leading carmaker Hyundai has said it will launch two-three new models every year to tap the rapidly growing small car market and maintain market share. Hyundai claims 20.6 per cent market share in the domestic market and hopes to retain double-digit figure in future too. Hyundai currently has two manufacturing facilities at Sriperumbudur which roll out the Santro, i10, i20, Getz in entry to mid-segment, and the Accent, Verna, and Sonata in the sedan segment.
4. Apple launches iPhone 4 in China Apple on Saturday launched the latest version of its iPhone in China and boosted its presence in the world's biggest Internet and mobile market by opening another two stores in Beijing and Shanghai. The iPhone 4 is available in Apple stores in the two cities, as well as at China Unicom retail outlets for buyers who sign a two-year contract with the operator, Apple said in a previous statement. The 16-gigabyte version of the smartphone, which will have wireless Internet capability, will cost 4,999 yuan (744 dollars) at Apple stores with the 32-gigabyte selling for 5,999 yuan, the California manufacturer said.
5. Miscellaneous News PepsiCo CEO IndraNooyi sees great growth, hurdles for India. India reaches out to small island nations on climate change. CGF CEO Hooper blames India for Commonwealth Games chaos. BajajAllianz launches health card to promote healthy lifestyle.
