Business Standard

(7th Dec 2009-12th Dec 2009)

UBL and Heineken NV agreed to permit UBL brew and market the Heineken brand in India
Heineken brand likely to be launched in mid 2010

Heineken will be sold in India through the same UB network Heineken will use its global distribution system to market the kingfisher in overseas market

The deal will enable UBL to significantly expand sales of its kingfisher brand globally

Hero group subsidiary Hero Electric will soon set up a joint venture with Canada based battery maker Electrovaya It will be for the purpose of manufacturing lithium ion batteries for electric vehicles.

Will accelerate clean transportation as commercial reality Has the potential to replace the current domination of lead acid batteries Lithium ion batteries can be recharged up to 1800 times as compared to 300 times for lead acid batteries.

ONGC Videsh Limited has entered into a MoU with Sistema

To jointly acquire and develop oil and gas fields in Russia and other CIS countries

The MoU was inked in Moscow

Will have access to vast Russian resources in eastern Siberia and far eastern Siberia

Will cater to the ever increasing energy demands of India

Will increase the chances of India obtaining sourcing rights in some of the projects

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To outsource small cars from its Indian subsidiary Marui Suzuki in which it has 54 per cent stake It will be for the European market and it will sell under its own brand name

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Europe is shifting to compact and small cars due to rising petrol costs as well as concerns of climate change

Suzuki has technology for small, compact hatchbacks & VW has green technology

Combining the two will reduce the cost of making new cars

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Mining giants BHP Billiton and Rio Tinto signed a $116 billion iron ore joint venture agreement Under the plan each company will end up with 50 percent stakes in the combined Western Australian iron ore assets

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The agreement brings together two of the worlds three largest iron ore producers

Its customers will face tough time handling the combined giant

The companies expect to save $10 billion a year in capital and operational costs by merging their operations

Bharti Airtel has launched SIM technology for the users to use the same mobile with their own specific numbers

The technology will allow at least 10 users at time to use this facility with their own particular number

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Will certainly increase the competition in the already ultra competitive telecom industry The technology will help operators increase penetration in the rural markets Will also help them increase their revenues

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The deal involves a sale of 76% stake of NDTV Imagine for around $67 mn and issue of fresh shares of $50 mn

Has entered into an agreement with Turner Asia Pacific Ventures

Help NDTV address its balance-sheet concerns

Foreign partnership will help strengthen the content of two channels

The cash infusion will provide the much needed funds for sustaining growth

The group is set to launch a food and beverage brand , Movie Munchies and its own mineral water brand , Spring These will be sold initially through its 500-odd BIG cinema outlets across India and in Malaysia , Netherlands and the US

Diversification
14 percent of incomes in movie a hall come from food and beverages Will give an enhanced entertainment experience at theatres

The Mobile Store has announced the acquisition of the operations Impact Retail Private Ltd for an undisclosed amount The Mobile Store will take over all the seven stores of X-cite

The move is expected to help the company enter the Rs 80000 consumer durable and infotech retail market
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It would have taken Mobile Store at least two years to reach where X-cite is today
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Mobile store also took the advantage of recession as real estate prices and and employee cost have softened
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Bajaj Auto to exit the segment by the end of the fiscal To focus exclusively on motorcycles

Its cumulative domestic scooter sales during the AprilNov period was 3356 units & 728 units overseas

The company wants to become a specialist and the number one player globally in the motorcycle segment

Will now be able to concentrate on motorcycle segment Increased competition in domestic and international market

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Exiting scooter segment and focusing on Motorcycles. Now there will be no more 'Hamara Bajaj Honda rolled out its Activa gearless scooter in 2001 for competition Suzuki is also planning to come up with new models to attract the youth. Hero-Honda is also planning to hike the production of its 100cc-Pleasure scooters Bajaj Auto to launch Baby Pulsar Bajaj revs up plans for sporty scooters

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Cash as a Strength Better value Proposition Cost Effective and Positioning Strategies Profits at Recession . ?? CSR Huge Economies of Scale

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Bajaj to produce low-cost car in partnership with Nissan New Bajaj Pulsar 135 Cc Bajaj Auto plans more 100 Cc bikes

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Launching 6 New Bikes in Early 2010

Bajaj revs up plans for sporty scooters

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