Buss News Doc

Embed Size (px)

Citation preview

  • 8/3/2019 Buss News Doc

    1/39

    5 aug

    1)Sonia Gandhi undergoes surgery in US. Congress keeps

    ailment a secret.2)Chinese banks have offered cheap yuan loans to

    finance $50bn of power equipment for Indian firms. BHEL

    and L&T feel threatened.

    3)As law & order improves private companies are rushing

    in for infrastructure projects in Bihar.

    4)37 % of the diesel is used by trucks, 15% by cars, 12 %buses, 10% industry, 6% railways, 12% agriculture sector

    & 8 % electricity.

    5)Taiwanese computer firm MSI to launch low cost tablets

    'Enjoy' in India starting at Rs 13,999.

    Indians always enjoy low-cost!!!

    4 aug

    )Fear of Chinese goods flooding Indian markets holds up

    FDI in retail.

    2)HDFC Bank starts income tax payment service through

    ATMs for its 115 lakh debit card holders.

    3)Price wars in the African market destroys margins.Bharti Airtels net profit fell for the 6th straight quarter.

    4)As Apple, Microsoft & Oracle gang-up, Google cries foul

    as it loses out in the race for buying patents.

  • 8/3/2019 Buss News Doc

    2/39

    5)Over the last 1 year, gold price in India has risen by

    34%. It is now at a record Rs24,000/10gm.

    Nothing shines like Gold!!!

    2 aug

    1. New Audi A6 to be launched tomorrow both petrol and

    diesel versions. A seven-speed dual-clutch automatic

    gearbox will be standard across the range (except base

    model). The base model will be joined with six-speed

    manual transmission.

    2. Skoda India coming-up two new car models in August.

    Skoda Laura RS & widely speculated Skoda Fabia Scout.

    3. General Motors India sales surge 33 percent during

    July. Sold total of 9,508 units compared to 7,124 units

    sold in the same month last year.

    4. Nissan India posts 58.50 percent growth in July 2011.Managed to sell 1,593 units compared to 1,005 units sold

    in the same month previous year.

    5. Volkswagen India sales surge 151 percent in July. Sold

    a total of 6,529 units compared to mere 2,597 units sold

    in the same month last year. Volume driving Polo

    hatchback and Vento sedan stood at 6,353 units during

    this month.

    Boom Boom, Auto sector...

  • 8/3/2019 Buss News Doc

    3/39

    1 aug

    M's Economic Council, slams slothful Govt, says India

    should have done better after coming out of global crisis

    unscathed

    2)US Republicans & Democrats reached last minute

    deal to cut budget deficit by $1 trillion over 10 years,

    but rating downgrade looks imminent

    3)Bharti Airtel proposes up to Rs70cr pay package for

    Sunil Mittal up from last years Rs27.5cr.

    4)Foxconn known for assembling iPads & iPhones in China

    plans use 1 million robots in 3 years to cut down rising

    labour cost.

    5)98.5% of 6lakh Indian villages have public telephones:

    TRAI.

    Hello! Bharat speaking!!

    31 july

    1)New draft Land Acquisition Bill says Govt cannot

    acquire land for pvt companies. They have to buy rural

    lands at 6 times the market rates.

  • 8/3/2019 Buss News Doc

    4/39

    2)CEO, HDFC: India has a huge shortage of housing.

    Mortgages are just 9% of GDP, in US mortgages are 84%

    of GDP.

    3)ITC to invest Rs 5,000cr in shares of rival companies asITC feels safer to invest in familiar sectors.

    4)Tarak Bajpai, SpeakAsia arrested for Rs 1,329 cr multi

    level marketing scam.

    5)15% new recruits of temporary staffing firm Teamlease

    are permanent employees switching to temp jobs.

    Nothing is Permanent!!!

    28th July

    1)Mining mafia paid off Karnataka CM Yeddy's family.

    Lokayukta pegs loss to Exchequer at Rs16,000cr.

    2)Air Indias 38,000 staff not paid salaries for months,

    forced to borrow, sell assets.

    3)DoT wants mobile cos to cancel 252mn inactive users

    out of 840mn, to free up mobile nos or else we move to

    the 11digit series.

    4)From Aug1 it will take just 24hrs to start a company,

    doing everything thats needed online.

    5)Twitter lingo like, TMI (too much information), IMHO (in

    my humble opinion) & TBH (to be honest) now part of

    Oxford Dictionary.

    OMG (Oh my God)!!!

  • 8/3/2019 Buss News Doc

    5/39

    27th July

    1)RBI shocks markets with yet another 0.5% rate hike.

    Experts feel move wont control prices as inflation is dueto oil & farm prices.

    2)Not one new student in 6 Engg colleges in Maharashtra.

    In first round out of 1.27 lakh seats 34,800 unfilled.

    3)Walt Disney expands its presence in Bollywood, to buy

    out UTVs 49.56% stake for Rs2,000cr.

    4)Anshu Jain as CEO Deutsche Bank becomes mostpowerful banker in Europes largest economy.

    5)Bombay HC: Music cos, not composers, own song

    rights. FM radios wont have to pay royalty to composers.

    Music to FM radios ears!!!

    26th July

    1)IMRB: Urban Indian Women avg monthly income

    doubles to Rs. 9,457 in 10 yrs. From 91% doing

    household work, only 71% do it now.

    2)CAT 2011: Only 2 sections instead of 3. Quants, DI and

    Verbal & Reasoning. To reduce student pressure of

    sectional cut-offs.

    3)A Raja: PM & ex-FM involved in decision to sell equity of

    telecos. Sibal says dilution of equity discussed, not sale.

    4)Samsung which runs on Android surpasses Nokia &

    Apple in smartphone sales.

  • 8/3/2019 Buss News Doc

    6/39

    5)Big Bazaar: Women's wear in overall sales jumped from

    22% to 55% in last decade.

    Xtra Money - No Savings, Only Shopping!

    23rd July

    1)Indias share in merchandise world trade rose from 0.7%

    in 2000 to 1.4% in 2010.

    2)27 mn NRIs (2.2% of Indias population) have remitted

    $55bn (4% of GDP) in 2010.

    3)RBI permits overseas traders to hedge their currency

    risks with local & offshore banks for trades invoiced in

    rupee.

    4)Dairy Board to create 900 hybrid bulls in 5 years so that

    their progeny become milch cows which yield 30-100%

    more milk than the average 6.5lts.

    5)Univ of Basque, Spain: Cosmetics adverts convince usthat we are ugly by using images of unusually beautiful

    people.

    Beauty lies in the I of the beholder!!!

    22th July

    1)If India agrees to Saudi Arabias demand for removal ofanti-dumping duty on plastics raw material, Reliance will

    be the biggest loser.

    2)New law: Benami properties, except those in name of

    spouse & kids will be confiscated.

  • 8/3/2019 Buss News Doc

    7/39

    3)As Cognizants April-June revenues are more than

    Wipros by $40mn, it replaces Wipro as Indias 3rd largest

    IT company.

    4)Drivers trapped for days in a 100km traffic jam in NorthChina.

    5)Entire Apple stores being faked in China, a country

    known for its rampant piracy.

    China is the limits!!!

    Apples revenues of $28bn equivalent to 2% of Indias GDP

    & not 30% as reported in yesterdays news.

    We regret the error. Error Happens...

    21th July

    1)Govt puts pressure on Telecom Dept to auction Rs

    25,000cr of unsold spectrum to operators who

    desperately need it to improve service.

    2)Apples profit grows 125% to $7.3bn, revenues grow

    82% to $28bn (equivalent to 30% of Indias GDP).

    3)Career Crafters, Mumbai: More & more Indian traders

    are learning Mandarin to strike business deals in China.

    4)Narayana Murthy: If bribe giving is made legal then

    givers can file complaints against takers without fear.

    5)Indias treaties with tax havens has paid off: IT officials

    now have proof as they get reports of funds transferred.

    Nowhere to hide!!!

  • 8/3/2019 Buss News Doc

    8/39

    20th July

    1)Allahabad HC cancels acquisition of 589 hectare land

    by Noida, putting at risk 30,000 buyers.2)Govt approves $7.2bn Reliance & BP deal on condition

    that no gas will be exported & output at KG-D6 block will

    be increased.

    3)British parliaments grilling of Rupert Murdoch & son

    over News of the World scandal becomes stuff of

    international high drama.

    4)Delhi car rental buys 90 Mercedes, says 25% of its

    business comes from luxury cars.

    5)Manish Malhotra co-creates Lakme Absolute, Timex

    launches bridal jeweled watches by Tarun Tahiliani.

    Designers are always in fashion!!!

    16th July

    1)TRAI wants 74 permits cancelled for failure to roll out

    services. Move will free up 210 MHz of 2G spectrum.

    2)Real spending/ capita in rural India rose 6.3% in 5yrs of

    Congress rule as compared to 1.2% during 5yrs of BJP

    rule.

  • 8/3/2019 Buss News Doc

    9/39

    3)Search for returns to send investors to India, where

    GDP is growing at 8%, while the rest of the world grows

    by 3.2%.

    4)Deathly Hallows II, 3D the 8th & final movie in the HarryPotter franchise raked in $82.5 mn worldwide in 3 days.

    5)Indias share of the $67bn global video gaming business

    is just $0.2bn, but with 3G the share will be much larger.

    R u game???

    14th July1)Bombs explode at rush hour in Mumbais crowded

    business areas.

    2)As race for supplying 126 fighter aircrafts becomes

    intense, Defense Minister AK Antony warned companies,

    not to try to corrupt our people.

    3)10% more students across IIMs choose manufacturingover finance. Figure to go up further in next 3 years.

    4)A high UK jobless rate coupled with rising costs in India,

    compel Aviva, BT & Santander to move work back home.

    5)Borrow it Bindaas, a US based online sari rental helps

    US guests & Indians dress up in designer saris.

    Every problem is a business idea!!!

    11th July

  • 8/3/2019 Buss News Doc

    10/39

    1)As US firms struggle with rising oil prices & weak

    demand, they force Indian IT vendors to reduce billing

    rates by 15%.

    2)To check theft of subsidized foodgrains, trucks will bemonitored via GPS. Move will also aid timely delivery.

    3)Mukesh Ambani: Businesses should be measured on

    social returns together with financial returns.

    4)Bihars farmers now supplying 14 Lakh Litre milk Per

    Day. The figure was just 2.8 LLPD in 2000. It targets 32

    LLPD by 2021.

    5)Britains 168 year old tabloid, News of the World, closed

    due to a phone-hacking scandal. Editor arrested.

    Anything for news!!!

    7th July

    1)Lokpal ke side effects: Deepak Parekh, HDFC says,

    Bureaucrats, bankers, everybodys scared to take

    decisions. Corporates prefer to invest abroad.

    2)Websites like mediangels.com offering specialist

    medical (second) opinion a hit with patients.

    3)United Breweries pledges entire Kingfisher stake as the

    airline gets trapped in a cash crunch.

  • 8/3/2019 Buss News Doc

    11/39

    4)As Android & Apple eat away Blackberrys pie. RIMs

    market value is now $14bn, down from $83bn in June

    2008.

    5)Global spending on gaming is expected to touch$112bn by 2015 from current $67bn. Smartphones,

    tablets & new devices fuel the growth.

    Games people play!!!

    6th July

    1)RBI Governor says poor quality of data from Govtagencies is frustrating the policymakers.

    2)Breakup: As Godrej was impatient with the slow

    progress, Hersheys to sell its 51% stake in Joint Venture.

    3)Except tickets & hotel bookings, Indians are not

    comfortable shopping online. They research online but

    shop offline.4)As travel agents block tickets sold at IRCTC to sell them

    at a premium, Railways new e-ticketing service is

    designed to block the agents.

    5)55% Mumbaikars live in slums. Ghatkopar, Mankhurd,

    Bhandup &Dindoshi slums have each become larger than

    Dharavi.

    Living in a box, literally!!!

    5th July

  • 8/3/2019 Buss News Doc

    12/39

    1)BP acquiring stake in Reliance, Vodafone purchase of

    Essar stake & Cairn-Vedanta deal help to increase FDI in

    India.

    2)Reliance investors nervous as Jaipal Reddy replacesMurli Deora as Minister of petroleum & natural gas. In

    2011, RIL stock fell 18.3%.

    3)Revenues of Indias top 4 IT cos grew 4-6% in Apr-Jun

    quarter, better than 2-4% in previous quarter.

    4)82% of British employers rate attitude as most

    important. Prefer hiring immigrants as Britons lose theirwork ethic.

    5)Rs1lakh cr treasure, more than Keralas public debt of

    Rs70,969cr discovered in Sree Padmanabha Swamy

    temple .

    Thank God!!!

    01 Jul

    - Vodafone warns $2.5 bln India tax bill could double

    - May exports up 56.9 pct y/y - govt

    - Apple, RIM in group buying Nortel's patents for $4.5 bln

    - China June PMI hits 28-month low as global slowdown

    bites

    - Russia to supply nuclear submarine to India - RIA

    - Fuel inflation accelerates to 8-week high

  • 8/3/2019 Buss News Doc

    13/39

    - Botched replay led to Dhoni dismissal - ICC

    ICC to CCC (Cricket Controversies continues)

    Top News, 24th June

    1) Before Anna Hazare starts his 2nd agitation, Govt

    initiates electoral reforms. Criminals wont be allowed to

    contest

    2) US to withdraw 10,000 troops from Afghanistan this

    year &23,000 next year. Till date 1,600 US troops have

    been killed in Afghanistan

    3) 4 (Four) IIPM students have filed a petition with

    Karnataka High Court to close or derecognize IIPM &

    prosecute top management

    4) ET Survey 2011: Google, Intel &Makemytrip are Indias

    Best Companies To Work For

    5) HCLs Shiv Nadar, Wipros Azim Premji, GMRs Rao &Bollywoods Vivek Oberoi in Forbes list of Worlds Top 48

    Heroes of Philanthropy

  • 8/3/2019 Buss News Doc

    14/39

    Real Heroes Care!!!

    Top Mktg News 23rd June

    1)Reliance ADA group promoted BigFlix video rental

    service to shut 24 standalone stores to reduce

    operational costs, will stress on call centre based sales

    2)Retail major Marks & Spencers Reliance India will

    increase local sourcing for merchandise to 70% over next2 years, to focus on tier 2 cities

    3)Google's share of search based ad revenue increases

    by 38.9% to $10.92billion in US, unaffected by Microsoft's

    Bing

    Google steals Bing's Bang!!!

    Top News, 23rd June

    1)Oil cos burdened with Rs1,20,000cr debt have no

    money to import crude. Govt forced to hike prices ofDiesel, kerosene & LPG in July

  • 8/3/2019 Buss News Doc

    15/39

    2)Over 120 Indian companies are setting up Singapore

    office a month as it is the gateway to Asia-Pacific markets

    3)Domain names may no longer have to end as .com or

    .in etc, they can be anything. This opens the floodgates

    to cybersquatting & online fraud

    4)Tata Motors move High Court over Mamatas 2011 Land

    Act to take back land allotted to Tatas at Singur

    5)New cost saving mantra: 50,000 employees ie 40% of

    IBM Indias staff work from home

    Top News, 22nd June

    1)Due to rising costs half of the 930,000 under

    construction residential units in India, to be delivered in

    2011-13, will be delayed by 18 months

    2)The tendency to trade up ie replace cheaper things with

    expensive stuff was 38% in China, 34% India, 17% US &

    15% Europe

  • 8/3/2019 Buss News Doc

    16/39

    3)US works to get India into the 45 member nuclear club.

    The fact that India wont sign the Non-proliferation Treaty

    will be ignored

    4)Chinas boom doomed. Soaring inflation, rising labor

    costs & mounting local government debt threaten growth

    5)AMUL crosses $2bn sales turnover mark just 4 years

    after crossing the $1bn mark

    Top Mktg News 21st June

    1)FDI in multi-brand retail initially to be open only for top

    6 metros, move taken keeping in mind impact on smaller

    retailers

    2)Luxury Brands want to step out of Star hotels & Luxury

    Malls in India, looking at modernized airports & hybrid

    format where they share space with premium brands

    3)With car sales at 20 month low, auto cos offering

    discounts plus spending heavily on marketing with below

    the line activities

    Auto industry out of gas???

  • 8/3/2019 Buss News Doc

    17/39

    Top News, 21st June

    1)Sensex tanks 611 pts on fears that Govt willrenegotiate tax avoidance treaty with Mauritius

    2)5 years ago farmers paid Rs650, have to pay labour

    Rs3,500 now. They blame Govts MNREGS for shortage of

    labour

    3)Britons without work in their own country. 87% of

    400,000 new jobs have gone to immigrants

    4)70 million uninhabited houses in China. Satellite images

    show half-a-dozen new cities are entirely empty

    5)In 2010-11, profit of Emirates Airlines rose 43% to

    $1.5bn, when combined profits of European airlines fell

    by 74% to $0.5mn & American airlines by 71% to $1.2bn

    What goes up, comes down!!!

    Top Mktg News 20th June

  • 8/3/2019 Buss News Doc

    18/39

    1)Bharti-Walmart keeps focus on Tier2-3 cities as it opens

    its 7th cash & carry store in Raipur, Chhattisgarh with

    $7million investment. To open 12 new stores by Dec

    2011

    2)Apparel retailer Arvind to add 2 new foreign brands to

    portfolio to focus on youth segment which has higher

    growth rate

    3)TV & mobile Cos like Onida & Karbonn Mobiles cash in

    on Indian love for high volume sound with product

    offerings like 1000 watt PMPO TVs

    Shor in the city!!!

    Top News, 20th June

    1)Civil servants go slow on work, are unwilling to take

    risks due to fear of corruption scandals & CBI

    2)Mahindras business has grown 7 times in the past

    decade but promoters of M&M have lowest holding

    amongst Indias top 100 family-run companies

  • 8/3/2019 Buss News Doc

    19/39

    3)Indian 2-wheeler majors plan to take on their Chinese

    counterparts in Africa

    4)Boeing & Airbus feel the heat as China seems

    determined to enter the civilian aircraft industry

    5)As Mukesh & Anils companies market wealth fall by

    Rs73,000cr & Rs60,000cr respectively, Tata group market

    wealth now bigger than both brothers combined

    Ta Ta to Reliance???

    Top Mktg News 18th June

    1)FIAT struggles in India due to low brand recall andineffectual marketing & distribution efforts, capacity

    underutilization another cause

    2)Worldwide mobile ad revenue to double & reach

    $3.3billion in 2011. Search & Maps to generate highest

    revenues, video/audio ads to grow fastest: Gartner

    3)Videocon backed Next Retail to foray into Southern

    markets with an investment of Rs100Cr, aims to cover

    every district in 3 southern states

  • 8/3/2019 Buss News Doc

    20/39

    Next is in!!!

    Top News, 18th June

    1)Due to stricter vigilance percentage of students who

    cleared the SSC exams fell from 78.7% last year to 71%

    this year

    2)RBI study: Productivity of the manufacturing sector in

    1980-2004 was the best in Bihar

    3)10 lakh public sector bank employees across the

    country will go on strike on July 7 to protest privatization

    4)Emboldened by the success of BMW, Mercedes & Audi,

    Toyota to launch its luxury car Lexus in India

    5)Hammered by iPhone & Android: BlackBerry announced

    headcount reduction to cut costs as share prices fell 15%

    on reports of sinking profits

    Blackberries turn red!!!

    Top News, 17th June

  • 8/3/2019 Buss News Doc

    21/39

    1)To fight the inflation demon, Repo Rate-the rate at

    which RBI lends to banks has been raised 25 basis points

    to 7.5%

    2)Anna to fast from 16Aug as UPA hardens its stand.

    Arvind Kejriwal accuses Govt of going back on its

    assurances, calls Govts version of the bill as jokepal

    3)As Greece struggles, default is imminent. Impact on

    Eurozone may hurt Indias exports & make overseas

    borrowing more difficult

    4)Toyota set to trigger hatchback price war by launcing

    the much awaited Liva at just Rs 4 lakhs

    5)Wadias GoAir which has 10 Airbus A320 places $7bn

    order for 72 Airbus A320s

    Come on, GoAir Go!!!

    Mktg News 16th June

  • 8/3/2019 Buss News Doc

    22/39

    1)Cricket overdose hits ad rates, current ad rates 40-50%

    of world cup rates, further fall predicted

    2)Future Supply chain Solutions, the supply chain &

    logistics arm of Retail giant Future group enters multi-

    brand distribution, to provide specialized services to

    modern retailers

    3)Parker Pens to be repositioned as a premium accessory,

    signs up Amitabh Bacchan once again as brand

    ambassador with 20% hike

    Parker's Big B affair continues!!!

    Top News, 16th June

    1)Top bankers want Govt to resume economic reforms or

    current slowdown may turn into a slump

    2)HRD Minister says its irrational: 100% cut off marks at

    Delhis Shri Ram College shows lack of quality institutions

    3)Fall in number of new Management Institutes. Andhra

    Pradesh has 962 Management Institutes, UP 544,

    Maharashtra 413, Tamil Nadu 393 & Karnataka 224

  • 8/3/2019 Buss News Doc

    23/39

    4)Cyber Law Panel: Gmail, BlackBerry, Nokia email &

    Skype cant be banned just because they cant be

    monitored

    5)Coke bottler signs MoU with Recyclers to recycle Plastic

    bottles by making rag-pickers stakeholders

    6)Honda drastically reduces prices of the City a C-segment car due to burgeoning pressure from rivals such

    as Vento, Verna, SX4 Diesel and the upcoming Fiesta.

    Competition or compulsion ? A case study to Central

    Govt.

    Top News, 15th June

    1)RBI will be forced to raise interest rates for the 10th

    time in 15 months to fight the inflation monster which is

    above 9% once again

    2)Financial Stability Report highlights Indias trouble

    spots: High debt, bad loans, oil shock, fiscal excesses &

    stagflation

  • 8/3/2019 Buss News Doc

    24/39

    3)Jayalalithaa accuses that P Chidambaram won Lok

    Sabha seat by fraudulently defeating her party candidate

    4)Obama: Republicans opposition to raise US debt ceiling

    up from $14.3trillion could trigger a new economic crisis

    5)A wave of violent unrest over economic & political

    grievances in urban areas rocks China

    Listen before its too late!!!

    Top Mktg News 14th June

    1) Japanese Ad agency Dentsu which caters to mainly

    auto cos & consumer durables cos looking at baggingFMCG clients: Executive Chairman Rohit Ohri

    2) Dabur's Odomos launches 'below the line' campaign on

    mosquito borne diseases in slum areas near NCR

    3) Jewellery buyers in Southern India shifting loyalty to

    diamonds from gold due to rising gold prices, experts

    believe diamond can capture 65% market share by 2015

  • 8/3/2019 Buss News Doc

    25/39

    All that glitters isn't gold!!!

    Top News, 14th June

    1)Congress spokesperson: Anna is an unelected tyrant.

    Centre is running out of patience with irrational

    expectations & attitudes

    2)Sales of light vehicles in India to rise from 2.7 mn in

    2010 to 17.4 mn in 2020, pushing its rank from 6th to 3rdlargest market

    3)Sebi Official KM Abraham alleges he & colleague are

    being harassed by Finance Ministry entities against whom

    he had taken action

    4)Economists: Euro zone storing up problems, not

    tackling debt crisis head on

    5)In the smartphone market Samsung becomes No1

    beating a struggling Nokia, which has lead the market for

    14 years

    Not smart enough!!!

  • 8/3/2019 Buss News Doc

    26/39

    1) Indian mobile phone advertising mkt stymied by failure

    in micro segmenting & targeting of consumers, Market

    size a measly Rs 250Cr

    2) HUL to launch 3 new products targeted at kids &

    homemakers to reinforce brand Kissan, products to be

    backed by significant ad campaigns & distribution

    support

    3) Coke launches EKoCool solar powered cooler for its

    retailers in rural markets, high cost of Rs 45000 a likely

    barrier

    Coke, now cooled by the sun!!!

    Top News, 11th June

    1) Mukesh Ambanis RIL buys out Bharti from insurance

    JVs with AXA. Brothers now in direct competition

    2) The Bureau of Energy Efficiency wins battle with auto

    giants. All new cars will eventually carry fuel efficiency

    labels

  • 8/3/2019 Buss News Doc

    27/39

    3) 30% more British sellers than buyers of top London

    property. East Europeans, Russians, Arabs, Indians &

    Chinese move in

    4) Under Fiats management control Chrysler makes a

    turnaround & manages to repay the entire $7.6bn of

    bailout loans from the US Govt

    5) Out of Delhi, Babas campaign loses momentum, ends

    in a whimper as the yoga guru is admitted in ICU

    Not so fast!!!

    Top News, 10th June

    1)Unions of neighboring Honda, Rico & Lumax to strike

    for a day to support Maruti workers

    2)After her lecture in Harvard on her unconventional

    business methods, Shahnaz Husain has become a favorite

    in phoren B-school circuit

    3)CEO angrily refutes reports, says Nokia not for sale.

    CTO leaves over disagreement on strategy

  • 8/3/2019 Buss News Doc

    28/39

    4)Tokyo is Asias most expensive city, Singapore 6th,

    Beijing 8th, New Delhi 38th, Mumbai 43rd & Pune 50th

    5)MD Hiranandani Group: Real estate is sinkhole of black

    money & epicenter of corruption due to hundreds of

    approvals required from Govt agencies

    Lets build a new India!!!

    Top News, 9th June

    1)FM warns Govt may miss revenue growth target as tax

    collections may fall due to economy slowdown

    2)As granaries are overflow & millions go hungry, Govt

    appoints a 15 member panel to find better storage &

    distribution methods to minimize food waste

    3)Apple announced plans to launch iMessage to challenge

    BlackBerry Messenger. RIM stock falls by 3%

    4)Armsdev Baba: Smarting from the June 4 lathi charge

    Baba to form an army of 11,000 volunteers

  • 8/3/2019 Buss News Doc

    29/39

    5)Infosys puts the lifetime value of its 1,30,000

    employees as intangibles on its Balance sheet. Each

    employee worth more than a crore

    Employees=Net worth!!!

    1)LG India to enter Rs2500Cr commercial display

    market.To target retail, hotels & banking.

    2)Premium fashion brand Tommy Hilfiger latest entrant in

    Rs3000Cr children wear market, to not dilute premium

    positioning, sales rising 50% annually due to rising

    incomes

    3)Indian Cos leveraging social media sites to win newbusinesses. 83% Cos believe marketing strategy can't be

    successful without social media: Survey

    Facebooking is work now!!!

    Top News, 7th June

    1)Supreme Court asks Centre, why was Baba evicted?

    Hazare team boycotts Lokpal Bill meeting

  • 8/3/2019 Buss News Doc

    30/39

    2)Sivasankaran told CBI that Minister Kalanithi & Sun TVs

    Dayanidhi Maran forced him to sell his stake in Aircel

    3)In US Satyam pays a fine of $135mn for falsifying

    accounts, its auditor PwC pays $33mn & Ranbaxy to pay

    $1bn for compliance issues

    4)No filing of tax return: If salary is below Rs 5lakh thenForm 16 will be treated as Income Tax Return

    5)A bumper wheat crop when Govt granaries are overfull

    forces farmers to sell at just Rs 1000/quintal below Govt

    set price of Rs 1750

    Plenty is a problem!!!

    Top Mktg News 3rd June

    1)Indian internet usage growing more pre-planned and

    time efficient: Study by Microsoft Advertising & Mindshare

    2)Largest food retailer Reliance Retail to launch whole

    sale cash & carry format stores soon: Mukesh Ambani

  • 8/3/2019 Buss News Doc

    31/39

    3)Budget brands like Koutons, revisit sales strategy to

    combat rise in input costs, declining investor confidence

    and dip in retail industry. Closing non viable stores anddiscount revision planned

    Selling cheap proves costly!

    Top News, 3rd June

    1)Shares of Maran Family's Sun TV crash by 28% & Spice

    Jet by 16% as CBIs 2G scam investigations corner

    Dayanidhi Maran. He was Telecom Minister till May 2007

    2)ISRO bags multi-million dollar contracts to launch 12

    foreign satellites in 2 years

    3)Moodys warned it would cut USs' top-notch credit rating

    if White House did not raise US debt limit from current

    $14.3trillion

    4)Global wealth is now $121.8trillion. It increased by

    $9trillion in 2010

  • 8/3/2019 Buss News Doc

    32/39

    5)A virulent new strain of E.coli bacteria that has killed 17

    people in Europe may be the deadliest yet in human

    history

    Humans evolve, so do bacteria!!!

    1) Social media a major & effective tool for supporting

    causes and social issues due to great reach &

    accessibility: WPP Study

    2) IPL 4 recorded lowest ever ratings of 3.91 vs. 5.51 of

    IPL 3, viewer fatigue, greater number of matches &

    changes in teams likely reasons

    3) Airbus corporate jet business goes for rebranding,

    introduces new colors to highlight innovation and addscommon nomenclature ACJ to corporate jet names

    Jet, Set..REBRAND!!

    Top News, 2nd June

    1)Pranab Mukherjee, Kapil Sibal meet Ramdev Baba at

    Delhi airport to persuade him to give up 4th June mass

    Satyagraha against black money

  • 8/3/2019 Buss News Doc

    33/39

    2)After success in Delhi, Mumbai & Bengaluru, HealthLine

    24x7, Indias 1st phone& web-based healthcare info

    service to be in Kolkata, Chennai & Pune

    3)As drinking becomes more socially acceptable, India to

    unseat Russia as the 2nd largest spirits market by 2013

    4)Toyota recalls 105,784 Prius cars in US & Japan to fix

    faulty gearbox, steering

    5)US smart phone survey: 36% use an Android device,

    26% iPhones & 23% Blackberrys

    Baba on fast, Politicians aghast!!!

    Top Mktg News 31st May

    1)Since website content is available on social media like

    facebook,twitter. Users do not go to the homepage of

    these websites leading to a loss in ad revenue

    2)3G mobile ads dominate airwaves in April, Vodafone ad

    tops with 86% brand awareness & 98% brand recall

  • 8/3/2019 Buss News Doc

    34/39

    3)The Advertising Standards Council of India finds 34 ads

    misleading. American Touristers tagline, Survive Istanbul,

    Survive the World mars Turkeys reputation as a tourist

    destination, it said

    Wat u see is not wat u get!!!

    Top Mktg News 31st May

    1)Since website content is available on social media like

    facebook,twitter. Users do not go to the homepage ofthese websites leading to a loss in ad revenue

    2)3G mobile ads dominate airwaves in April, Vodafone ad

    tops with 86% brand awareness & 98% brand recall

    3)The Advertising Standards Council of India finds 34 ads

    misleading. American Touristers tagline, Survive Istanbul,Survive the World mars Turkeys reputation as a tourist

    destination, it said

    Wat u see is not wat u get!!!

    Top News, 31th May

    1) Indian Oil Corp to borrow $1.3bn a month to offset revenue loss of Rs2.6bn/day bcoz of state set fuelprices

    2) To boost employment opportunities for locals, Saudi Arabia to put 6 year cap on expat workers. 2 million

    Indians work in Saudi

    3) U-turn: Following Japans nuclear disaster, Germany becomes first country to shut all nuclear power plants

    by 2022

    4) Yamaha which sells scooters in US & Europe, to invest $10mn to produce scooters in India

  • 8/3/2019 Buss News Doc

    35/39

    5) Nokias Facebook campaign, KKR tension mat le yaar, a hit. For brands advertising is communication but

    social media is engagement

    Yes Facebook, No tension!!!

    Top Marketing News 30th May

    1)Aircels iphone4 launch campaign uses look-walkers (lightweight portable LED lit billboards carried by

    people) who move in crowds to get highest visibility

    2)Rising input costs forces HUL, Indias largest advertiser to cut ad spends from 15% of sales in the first nine

    months of 2010-11 to 12.7% in this quarter

    3)Brand Dhoni sky-rockets after IPL win, core of the brand is a cool determination to win overcoming all odds

    Sky is the limit!!!

    Top News, 30th May

    1) Food Security Bill guarantees 7 kgs of grain/person/month to the poorest rural 46% &urban 26%

    2) Launch of Dalit Indian Chamber of Commerce & Industries marks the success of entrepreneurs from

    backward classes

    3) CEO Maruti: World over we were always No7, No8 so we have no experience of leadership, but in India we

    are No1

    4) From facing bankruptcy a few years ago to plans of rapid expansion. 80 year old Bata to open 100 stores

    of 5,000 sqft every year

    5) Rice output in Andhra Pradesh is up 30%. As price fell to Rs 8/kg angry farmers dumped paddy into the

    Krishna river

    Too much of a good thing is bad

    Top News, 27th May

    1) No more subsidy, direct cash to poor. From April 2012, LPG to increase from Rs 345 to 675 & Kerosene

    from Rs12 to 40

    2) Arresting Somali pirates backfires. 43 Indian sailors in pirate custody. India not to arrest any more pirates

    3) Google launches StreetView cars in India. Now we can virtually explore a city through street-level images

    4) 75% in US & China say their country values innovation & creativity, 85% in Indonesia, 67% in India, 54% in

    Brazil &26% in Russia

    5) Top honchos of Wipro, Genpact, Patni &Microsoft India have retired in their early 50s to follow dreams

    outside IT

  • 8/3/2019 Buss News Doc

    36/39

    Techies too burnout!!!

    Top News, 26th May

    1)Standard Chartered: In next 20 years on an average China to grow at 6.9% & India 9.3%

    2)Rich, non-urban young are lapping up 45% of India sales of super luxury cars Aston Martins, Bugattis,

    Maseratis & Ferraris worth more than Rs1.5cr each

    3)80% of the $30bn revenues of Aditya Birla Group come from commodities. In 4 months it has spent

    Rs6,300cr in acquiring commodity firms

    4)New MBA mantras are mentoring slum students, stints in villages, lessons from Bhagavad Gita & building

    emotional & spiritual quotients

    5)India ranks 135 out of 153 countries in the Global Peace Index 2011

    V r dangerous!!!

    Top News, 24th May

    1)Desperate for funds: Last year Govt made Rs65,000cr from 20MHz 3G auction. Finance Ministry wants

    speedy auction of remaining 20MHz of 3G spectrum

    2)The US imports 30% of its apparel requirements worth $11bn from India. But, India has been blacklisted as

    US believes Child labour is used in apparel industry

    3)Indias largest online travel co MakeMyTrip announces Public Offer. The company expects to raise Rs814cr

    at Rs1180/share

    4) Lokpal bill proposal: Assets amassed through corrupt means by a public servant will be frozen during

    investigation & liquidated on his being proved guilty

    5)Minister Jairam Ramesh: IITs & IIMs are excellent because of the quality of students not because of quality

    of research or faculty

    A good teacher is an excellent student!!!

    Top News, 18th May

    1) Petrol was 26% higher than diesel in Apr2010 today it is 68%. Petrols weight in inflation index is 1.1%

    versus diesels 4.7%

    2)Inflated terror bill dispute: US has rejected 40% of the claims submitted by Islamabad as expenses to fight

    al-Qaeda

    3)U2opia, Singapore has developed a new app that allows any handset to access Facebook without paying

    for a data connection. Airtel users can dial *fbk#

    4)AIADMK had promised to give free laptops to 1.4million XI & XII grade students in state. Laptop makers

    anxiously waiting for windfall

  • 8/3/2019 Buss News Doc

    37/39

    5)Mumbai courts collect Rs17cr as fines in 52 days

    Justice Pays!!!

    Top News, 16th May

    1)Indians born in 2009 have a life expectancy of 65years, in 1989 it was 57years

    2)Only 4mn out of 771mn users have dumped their operators in the first 5 months of MNP. RCom biggest

    loser

    3)Azim Premji invests $15mn in Vinod Khoslas US based green fund which specializes in new techniques to

    make bio fuels

    4)Director, Hyundai Motor India: Last year all our competitiors launched new products. We didnt launch any.

    Yet we didnt lose our market share of 20%

    5)Ashutosh Garg started Guardian Lifecare with Rs10cr at age 46 years. In 8 years expands to 250 pharma

    stores with revenues of Rs 175cr

    Hats Off!!!

    Assembly Elections - 14th May

    1) With Mamta, Jayalalitha, Mayawati & Sheila Dixit as CMs, 30% of population to be governed by women.

    2) After 34 yrs of struggle to power, Good Governance, Private Investments & Infrastructure to be the key

    focus for Mamta.

    3) Rahul Gandhis young & inexperienced candidates lose badly. Not a single candidate won in Kerala.

    4) 2G Scam tainted DMK voted out. Jayalalitha to focus on Governance, Infrastructure, Agriculture & Power.

    5) Assam CM Tarun Gogoi wins for 3rd successive time. Expected to continue negotiating peace with Ulfa &

    other militant outfits.

    Time for Peace & Governance !!

    Top News 13th May

    1) India's largest software company Tata Consultancy Services has been ranked among Britains top fiveemployers by the CRF institute.

    2) Coming out of recession Infosys cash pile & iGate-Patni's debt raises eyebrows among clients.

    3) After PR attack on Google, Facebook was left red-faced acknowledging that it had hired a prominent public

    relations firm Burson-Marsteller.

    4) India has completed the process of ratification of the United Nations Convention against Corruption.

  • 8/3/2019 Buss News Doc

    38/39

    5) Indian intelligence agencies had several inputs showing Osama was in Pakistan s Custody since 2002.

    An Opportunity Lost, Is Lost Forever.

    Top News, 11th May

    1) Indias largest bank, State Bank of India shocks industry by raising rates by a massive 75 basis points.

    Other banks may follow SBI

    2) Big Deal: Microsoft to acquire Skype for $8.5bn in cash. Deal will help it compete better with Google

    3) New Zealand to let Indian professionals in if it gets access to Indias dairy market

    4) Maharashtra Govt has received 1,700 proposals for setting up English-medium schools. Most applications

    are from the rural areas

    5) The Planning Commission: An urban Indian spending over Rs20 a day cannot be termed poor & would not

    receive social benefits & subsidies

    Man, u r Rich!!!

    Top News, 9th May

    1)Finance Ministry worried that it wont be able to meet Fiscal deficit target of 4.6% of GDP due to slowdown.

    Much will depend on Monsoon

    2)Obama to Americans: I dont want new breakthrough technologies & new manufacturing taking place in

    China & India

    3)Debt Trap: Despite tax hikes, wage reductions & sweeping spending cuts Greece now owes 1.5 times its

    GDP

    4)Indians in UK rich list: 1st LN Mittal 17bn, 9th Gopi & Srichand Hinduja 6bn, 12th Ravi Ruia 5bn

    5)The Forest Owlet rediscovered after 113 years may replace the Green Pigeon as the State Bird ofMaharashtra

    Sad State of birds!!!

    Top News, 6th May

    1)Slum dwellers: Maharashtra 1.8cr, UP 1.08cr, West Bengal 85lakh, MP 64lakh, Gujarat 47lakh & India 9.3cr

    2)Bharti Airtel Q4 profits drop 31% due to higher interest costs, cut-throat competition & a moneydraining

    African odyssey

    3)New No 1: Samsung with market share 29% overtakes Nokia, market share 28%, in Western Europemarket

    4)30,000 Australia-trained Indian graduates to be recruited to help deal with a skills shortage in the

    Australian mining sector

    5)In a year Ghari doubles it market share & with sales of Rs2,000cr, is No2 to Wheel &ahead of FMCG stars

    like Colgate & Lux

    Marketing is war!!!

  • 8/3/2019 Buss News Doc

    39/39

    Top News, 5th May

    1) Govt set to increase diesel by up to Rs5/lt &oil companies plan to raise petrol by Rs5/lt after assembly

    polls end on May 10

    2)Sensex records longest losing streak in 9 years, may enter into bear phase as cost of funds rise & Govt isdetermined to rein in prices sacrificing growth

    3)Indias population to peak at 1.7bn by 2060 &Chinas to peak at 1.4bn by 2030

    4) Brand Godrej valued at $3bn (Rs13,000cr), more than that of Lenovo & Nissan but less than Loreal

    &Starbucks

    5) Mukesh Ambanis new found Vision for Reliance: Emphasis on safety & Total regulatory compliance

    If u Risk it, then u Frisk it!!!

    Top News, 2nd May

    1) KV Kamath replaces Murthy as Infosys Chairman.He will draw a plan for appointment of professionals &

    eventual exit of all founders

    2) Air India earns Rs36cr/day &spends Rs62cr/day. It has to take loans to pay salaries to its 32,000

    employees. Without Govt support wont get out of debt trap

    3) In the Rs10,500cr softdrinks industry, fizzy lime-lemon drinks grew 17% last year, colas 11% & orange-

    flavoured drinks by 8%

    4) 11 lakh students suffer as AIEEE entrance exam paper leaks

    5) Concerned over rising incidents of cyber crime, RBI advises banks to set up whistle blowing system

    Cheaters never prosper!!!