WEEKLY NEWS

3G bandwith allotment starts

• Allotment of 3G bandwidths started on 1st
September 2010
• Indian govt earned Rs. 51000 crore
• Airtel Reliance com aircel got 13 circles
• Idea cellular got 11 circles
• Vodafone & Tata got 9 circle each
 2010 Top 10 Brand
RANK BRAND
1 Nokia Mobile Phone
2 Colgate
3 Lux
4 Dettol
5 Britannia
6 Lifebuoy
7 Clinic Plus
8 Pond,s
9 Fair& lovley
10 Pepsodent
 Wipro
Rished premji is new strategy boss at wipro
Rished join Wipro in june 2007 as business manager in wipro
Financial service division
The change will effective from January 1011
 Maruti
• Maruti post highest sales growth in august as
compare to previous year august month
 HPCL plans to set up Rs 15,000-cr refinery

Hindustan Petroleum Corp (HPCL) plans to setting a 9

million tos-a-year refinery on the west coast
Which may be in Raigad district of Maharashtra,
 HPCL been shown three pieces of land by Maharashtra
government.
Finalize location and size of the refinery in 3-4 months
HPCL has a 7.5 million tons-a-year unit at Vizag in
Andhra Pradesh and is also building a 9 million tons plant at
Bhatinda in Punjab in joint venture with steel czar Lakshmi
Mittal
 Axis bank
• Axis Bank plans to open branch in London
• Axis Bank has sought approval from Bank of England to open
a branch in London, executive director of the bank S K
Chakrabarti said
• The bank has presence in Singapore, Hong Kong and Dubai
and plans to expand its international presence further. It will
also open its branch in Abu Dhabi
 Punjab national bank

 The country’s second-largest public sector lender, Punjab National Bank

(PNB), has charted plans for inorganic expansion in the central Asian
country of Kazakhstan, with the decision to acquire a 64% stake in JSC
Dana Bank for $24 million by 2010.
 We already have clearances and regulatory approval from RBI in the
central Asian republic
 PNB has global presence in nine countries, with branches at Hong Kong,
Kabul and Dubai and representative offices at China, Almaty, Dubai,
Shanghai and Norway. The bank has a subsidiary in London with five
branches and the turnover is around $2 billion
 The bank will shortly start a subsidiary in Canada to tap its huge Punjabi
population, Mr Tanksale said. It plans to open a representative office in
Sydney besides upgrading its representative offices in China and Norway.