Petrol to be cheaper by Rs. 0.95 per litre
Petrol vehicle owners will have some relief from the government after the Diwali season as the prices will be cut by 0.95 per litre. The new rates of petrol will take effect after midnight on November 15, 2012. Earlier, petrol prices…
Inflation and campaigns leave firecracker shops desrted during Diwali
The Diwali season has arrived but the firecracker business was the worst one to be hit despite being peak season time. The crowded streets at Sadar Bazaar, Delhi, which is the largest market in North India has some 70 odd…
Dairy companies begin purchasing skimmed milk powder to avoid summer shortage
Many Indian food, beverage, milk and ice-cream companies like Nestle and Vadilal have already started purchasing skimmed milk powder (SMP). The companies have started purchasing skimmed milk powder six months in advance, so as to manage a potential shortage of…
Nestle inaugurates first R&D centre in India
Food company Nestle India opened its first research and development centre on November 8, 2012 in India. The new research and development centre has been opened so as to further understand its Indian consumers and to provide scientific and technological expertise…
Dunkin Donuts to introduce sweets with an Indian twist
The festive season is fast approaching and all popular Indian sweet makers like Bikanerwala and Haldirams now have to face a new competitor. Dunkin Donuts is now in India and is the world’s largest Doughnut chain, the company entered the…
Airports Authority of India interested in airports run by Reliance Infrastructure
The Airports Authority of India has shown interest in running five non-metro airports which are being managed by a wholly-owned subsidiary of Reliance Infrastructure, in the state of Maharashtra. A senior official from the AAI said that the recent move by the…
Volkswagen enters used car business with Das WeltAuto
Luxury car manufacturer Volkswagen said on November 6, 2012, that it has forayed into a multi-brand pre-owned car business, under the Das WeltAuto brand. Volkswagen expects the new venture to contribute 25 percent to the company’s total sales. In India, Mahindra…
Kingfisher Airlines asked to vacate international business lounge at T3
Troubled Kingfisher Airlines has been asked to vacate its huge business lounge in the international side of terminal 3 or T3 by the GMR run Delhi Airport. The latest move has come after the Airports Authority of India asked the…
Barista Lavazza ropes in with designer Rina Dhaka
Cafe chain Barista Lavazza has roped in popular designer Rina Dhaka on October 31, 2012, as it looks to expand its network in India. The cafe chain is looking forward to making the food and beverage industry a touch fashionable….