News up till 2nd September 2010

Prepared by :Gagandeep SinghMBA 2 A

Mukesh Ambani picks up 14.12% in EIH

• Mukesh bought 14.12% for Rs. 1,021

crore.

• EIH Board met in Mumbai to discuss

about the RIL Nominees on its board.

• ITC has 14.9% share in EIH

JLR Engineers to help Tata’s drive quality cars

Looking to seek help from JLR engineers to

build more refined passenger cars

Mother Co. will use JLR expertise in design,

noise & vibration.

Britania develops energy snacks for anemic childrenDevelop a fortified energy snack under

its Tiger Brand

Tied up with Tamilnadu & pondichery

states to supply this biscuit to various

mid day meal schemes.

MD Vinita Bali told that there are no

intentions to sell them in mass market.

Six new telcos to be fined for missing rolleout deadlines

Videocon, Sistema, Uninor, Loop, Aircel & Etisalat DB

Got licenses in Jan 2008 but missed several deadlines for launching commercial services.