Stock gain observed by Kingfisher Airlines as revival plan is announced
Cash-strapped Kingfisher Airlines has put together revival plans on December 24, 2012 and has submitted the same to the director general of civil aviation (DGCA) in a meeting, according to sources. The scrip for the company hit Rs 15.21 on…
Honey Bunny jingle by Idea Cellular becomes popular
Indian telecom giant Idea Cellular is out with a new jingle called ‘Honey Bunny’, which has gone viral across the country. The new tune has been created by the ad agency Lowe Lintas and has caught the attention of several people,…
Tikona Digital to withdraw from 13 Indian cities
Indian internet service provider, Tikona Digital networks has shut down operations in 13 out of a total of 38 cities in the country. The recent move has been taken in efforts to consolidate coverage. Tikona in an email response said,…
Chocolate companies in India not to cut product rates
In recent times it has been observed that the prices of milk, coffee, cocoa and sugar have been dropping in India. Despite this, the domestic prices of dairy and chocolate products are not likely to come down. The raw materials…
Inactive pre-paid mobile connections to be disconnected
The Telecom Regulatory Authority of India (TRAI) said that about two million pre-paid mobile connections are not active, out of which about 55 million have remained unused for about six months. The country had 907 million mobile phone connections as…
Milk prices to fall by 5 percent in India
Milk prices in India are expected to fall for the first time in about six years. The prices might fall by up to Rs. 1 – Rs. 2 per liter owing to the oversupply due to lucrative prices. Moreover, people in the…
KamaSutra energy drink launched by Raymond
Raymond’s FMGC brand KamaSutra launched its energy drink on December 6, 2012. With the launch if the new drink the company has stepped into the Rs. 200 crore energy drink market. Gautam Singhania, the MD of Raymonds said that the…