Suzuki plans third auto plant in India :
Suzuki plans third auto plant in India Plant will be up and running , perhaps as early as 2013.
Same site as its plant in the northern town of manesar with a early production capacity of 250000 vehicles.
Suzuki holds a controlling 54% stake in Maruti Suzuki ltd.
Relief to Godrej against copycat soap maker :
Relief to Godrej against copycat soap maker Godrej has received some relief in the Bombay high court which has restrained a company from selling soap called “Gandhi No 1” for bearing a striking resemblance to “Godrej No 1” brand.
The court has issued notice to Gandhi soaps to show why the relief in favor of Godrej should not be granted.
BWA rollout: BSNL readies plan B :
BWA rollout: BSNL readies plan B BSNL only company in India that has committed to the WIMAX technology standard for its wireless broadband services .
BSNL has decided to backup plan in case all other operators in the country opt for upcoming LTE technology platform.
BSNL which recently contract to four companies Teracom, Take solutions , Adishwar India and Ampoules to roll out WIMAX based broadband services.
AXIS Bank launches remittance services :
AXIS Bank launches remittance services AXIS Bank has launched instant money transfer services ,which enables funds transfer even if the beneficiary does not maintain a bank account .
Migrant population employed in the unorganized segment in urban areas as well as students will constitute the new target group for this services.
Hyundai unveils S Korea’s first electric car :
Hyundai unveils S Korea’s first electric car Hyundai motor unveiled its first electric car Thursday the blue on as it moves to catch up with Japanese rivals that have jumped ahead in the field .
South Korea's biggest automaker said that it invested about 40 billion won over one year to create the vehicle.
Hyundai said that it plans to deliver 30nof them on a test basis to various south Korean government organized by October .