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LATEST 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%
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
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
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
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