Maruti Suzuki operations to begin from Aug 21, sacks 400 regular workers
Indian auto giant Maruti Suzuki India on August 16, 2012 announced the termination of services of 500 regular workers from its Manesar plant. The company also said that the operations at the plant will resume from August 21, 2012. R…
Ratan Tata refuses retirement package
It was suggested by a Tata Steel share holder that a good retirement package would be a welcome gift to most. But Tata Group Chairman Ratan Tata turned down such a suggestion and said that the company has taken good…
McDonalds to cross 250 outlets in West and South India
Popular fast food chain Mc Donalds India has planned to open up to 50 outlets per year. The fast food chain aims to cross the 250 outlet market in the West and South India in the next three years. Amit…
Tata Motors aims to sell two lakh Nanos this financial year
The chairman of the Indian auto giant Tata Motors, Ratan Tata on August 10, 2012 said that the company is targeting to sell two lakh units of its ultra small Nano car this year. Tata was talking at the 67th…
Maruti Suzuki to restart production at Manesar plant
After the major violence hit at the Manesar plant of Maruti Suzuki, the company is now preparing to lift the lockout from the plant and begin production in phases. The chairman of the company RC Bhargava while talking to the…
Launch of electric cars in India a major challenge
In an era when the fuel prices in India are touching the sky, it has now become essential to take drastic steps to take measures to launch e-cars in the Indian market. But the German car manufacturer, Volkswagen said that…
Videocon restrained from manufacturing washing machines resembling Whirlpool’s
The Bombay High Court has held that the leading consumer electronics maker Videocon Industries, has deceptively imitated a washing machine design registered by Whirlpool. The court has also restrained Videocon from manufacturing the washing machines. Another leading manufacturer, Whirlpool had…
Nestle offering huge trade discounts on Maggi
Nestle India has said that it is offering aggressive discounts on its popular brand Maggi instant noodles. The analysts have said that the discount offered is perhaps the first in a decade which might be a measure to protect its…
Jet Airways SpiceJet and Indigo to fly on abroad routes on Air India’s rights
The domestic private sector carriers are all set to increase their flights to the Gulf and Southeast Asia. The careers are making the most of the civil aviation ministry’s move to do away with national carrier Air India’s right of…
Inverter sales rises due to monsoon delay
As the country faced a delayed monsoon this year, the sales of inverters and batteries went up about 30% for the first quarter to June. The monsoon delay had resulted in the rise of the power consumption. The manufacturers of…