Other Briefings
Indian Domestic Air Traffic Up 26% in August
Sept. 15 – Over 3.6 million passengers took to the skies across India last month in a 26 percent increase from the same period last year. According to the Times of India, this is the first time in 12 months that double digit growth has been recorded as all preceding months had seen decreases in […]
Wal-Mart Private Label Launched in India
Sept. 11- Bharti Retail has launched eight Wal-Mart private labels, including two of its largest, the ‘Great Value’ line of food and ‘George’ line of clothing, in its supermarket chain Easyday reports The Economic Times. The private store brands offer international design and packaging for the more discerning buyer at a lower cost. This is […]
Mercedes-Benz to Offer Localized Trucks
Sept. 11 – Mercedes-Benz’s Indian arm, Daimler India Commercial Vehicles, is tapping into the high potential of the Indian market by launching a localized range of small trucks by 2012 from its Chennai plant. Wilfried Aulbur, Mercedes-Benz India managing director and CEO, announced this after the launch of the Actros 4841K range of new trucks […]
Female Literacy, a Human Right and a Necessity for India’s Growth
By Seema Rani Bhende Sept. 10 – The Universal Declaration of Human Rights issued by the United Nations declares literacy a basic human right. In India, however, 50 percent of the women cannot read or write. For a country that has had phenomenal growth rates for the last several years, it also has some of […]
India’s Tata Motors to Set Up Assembly Plant in Europe
Sept. 9 – India’s automaker Tata Motors will set up an assembly facility for electric vehicles in the United Kingdom, Spain or Norway, the Chief Executive of Tata Motors European Technical Center told the DowJones Newswires. “We don’t need to build a full plant, because the vehicle will come with the body, the wheels, all […]
Suzuki to Invest US$215 Million on New Factory in Haryana
Sept. 7 – Japanese automaker, Suzuki Motors, has announced plans to invest US$215 million for a new car factory in India by 2011 with a yearly capacity of 250,000 cars. Suzuki wants to maintain its 50 percent market share in the face of rising competition from other automakers reports Reuters. The new Suzuki plant will […]
Maha Ratna Proposal to Give Top State-Owned Companies More Autonomy
Sept. 2 – The government is considering awarding top state-owned companies the Maha Ratna status to give it more freedom to negotiate joint ventures, investments and grow capacity. “My ministry will seek cabinet approval for elevating some of the Nav Ratna companies owned by the government to the Maha Ratna status provided their net profit […]
Tata Indicom Introduces Innovative Fixed Pay Per Call Mobile Concept
Sept. 2 – Tata Indicom, the CDMA mobile service brand operated by Tata Teleservices, recently introduced an innovative concept that would charge clients a fixed rate on a per call basis instead of the current per minute billing. Mobile users availing of Tata Indicom’s services will be charged for every call they make regardless of […]
