3 rd weekly news
TRANSCRIPT
Dated- 4 Sep-11Sep,2010
Tata Motors is looking to seek help from British subsidiary Jaguar Land Rover`s engineers to build more refined passenger cars.
Engineers from British Subsidiary to look into design, noise & vibration of Tata`s passenger cars.
India has slipped by two places to 51st in the World Economic Forum's global competitiveness rankings, while rival China has managed to improve its standing to 29th.
As per the WEF's Global Competitiveness Report 2010-11 Switzerland is No. 1 in the world
Sweden, another technology powerhouse in Europe, ranks second, followed by Singapore and the United States, which both fell by two positions from their ranking last year. The African nation of Chad figures at the bottom of the list of 139 countries.
Petroleum Ministry has asked Cairn Energy Plc to seek fresh approval for Vedanta Industries bid to acquire 60% stake in Cairn India.
Petroleum Secretary, S Sunderashan said we can only intervene once Cairn India provides the appropriate letter that contains details of the Product-sharing contract (PSC)
These PSC norms require government approvals if there is involvement of change of ownership and management of the company.
It's official. India will host its first Formula
1 Grand Prix on October 30, 2011
The announcement came following an
extraordinary meeting of the World Motor
Sport Council in Paris on Wednesday.
The addition of an Indian GP to the F1
calendar will make 2011 a 20-race season,
the longest in the history of the sport.
Reckitt Benckiser India has served a notice on Barti Walmart for copying bottle & cap design of Reckitt`s Harpic brand.
This is first time in India that an FMCG company has taken legal route against a private label brand of a retailer.