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Year: 2012

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….

Skoda India announces cut on festive discounts

Auto manufacturing giant Skoda said that it has reduced the discounts on all its cars in India during the festive season. The festive season is usually the time when customers are showered with freebies, however a top company executive said…

Kingfisher Airlines to continue to fly says Mallya

Ailing Kingfisher Airlines has been facing plenty of problems for the past few months. The airline chief, Vijay Mallya  has kept himself away from any interactions or discussions ever since the airline started facing problems. On October 30, 2012, Mallya…

New Railways Minister hints at passenger fare hike

After the major cabinet shuffle, the new railways minister Pawan Kumar Bansal has brought some bad news for railway passengers. The minister has hinted about a possible price hike to improve railway services. When asked if passenger fares would be…

MTS launches MBlaze in 8 new towns in Kerala

MTS brand, which operates under the Sistema Shyam TeleServices Limited on October 25, 2012 launched its high-speed mobile broadband service, MBlaze in eight new towns in the state of Kerala. The telecom service has launched in the towns like Koratty,…