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Maruti to use high strength steel in its variants by 2012 Maruti Suzuki will start using high strength steel in
majority of variants by 2012.
It is a move that will reduce the carbon emission by decreasing the weight of vehicles.
Maruti has gradually started using high strength steel instead of normal steel in model 'A Star' that has reduced the carbon emission to 109 mg per km from 150 mg per km.
Tyre cos plan another hike to offset high input costs Top Indian tyre firms are looking to increase prices to
offset the impact of high commodity prices that has been chipping away their profit margins.
Apollo Tyres, MRF, JK Tyres and Ceat have all raised prices over 15-20 % since January this year and are considering another price hike.
Currently, natural rubber prices are hovering around 160 per kg and if it remains at this level, there will be no further tyre price hike this year.
BSNL ready for mobile number portability BSNL is ready with the infrastructure to start mobile
number portability (MNP) by the scheduled Oct 31 deadline.
MNP will allow users to retain their mobile telephone numbers even if they switch their operators.
MNP has already been delayed four times.
The country has been split into two number portability zones comprising 11 circles each and each zone is to be serviced by a separate MNP operator to avoid a monopoly scenario.
Piramal Healthcare completes $3.7-bn deal with Abbott Piramal Healthcare’s shareholder can expect to soon
receive a special dividend as the US-based drugmaker Abbott has completed its $3.7-billion acquisition of the Mumbai-based firm’s Indian formulation business.
In May, Abbott bought Piramal’s Healthcare Solutions business for an up-front payment of $2.2 billion, besides additional payments of $400 million annually for the next four years, beginning 2011.
Panasonic India to relaunch Sanyo brand Panasonic India is all set to relaunch Japanese
consumer durable brand Sanyo in the country by April next year.
Panasonic plans to project Sanyo as a mass market brand in the country. It had bought the Sanyo brand for $9 billion.
The consumer durable segment accounts for 65 percent of Panasonic's turnover in India.