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LATEST NEWS

News

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Page 1: News

LATEST NEWS

Page 2: News

The national carrier is reducing fares on 48domestic routes by 3-23% effective September 1.

It is an attempt to shore up the market share.

NACIL is having the market share of 17.3% ofpassenger traffic.

Other airlines have criticized this move.

Air India is already under debt of about Rs 40,000cr.

A-I to slash fares on domestic routes

up to 25%

Page 3: News

Google entered a new business with a service

within Gmail to make phone calls over the Web to

landlines or cell phones.

After Gmail users install a voice and video chat

plug-in to their browsers, they can make a call

using their computer’s microphone and speakers or

a headset.

Skype was first to provide these services.

Now, phone calls via Gmail

Page 4: News

Elder Health Care has earmarked Rs 40-crore for to promote its three top brands -- Tiger Balm, Fuel deodorent and FairOne Cream.

It also aims to launch some dermo-cosmetic products and an economy soap—Rhyme.

It is targeting a turnover of Rs 125-crore and has earmarked Rs 40-crore for an advertising .

It is also planning to augment its distribution network by adding another 5-lakh outlets by next year.

Elder Health Care bets big on

Tiger Balm

Page 5: News

Tech Mahindra CEO Sanjay Kalra has resigned

from the firm after spending around six years in its

management.

Vineet Nayyar, who is the vice-chairman, will be

CEO now.

Tech Mahindra’s revenues are also under pressure

with its largest client, British Telecom (BT), ramping

down business and contracts from other telecom

clients, also under pressure.

Tech Mahindra CEO Sanjay

Kalra quits firm after 6 yrs

Page 6: News

Nestle, the world's biggest food group would invest

$487 million in coffee projects by 2020 to help the

company optimize its supply chain.

The investment comprises $341 million for Nescafe

products and $146 million for its high-end

Nespresso.

All of the directly purchased green coffee will meet

"4C" sustainability standards by 2015.

Nestle to invest $487 million in

coffee projects by 2020