Financial Daily from THE HINDU group of publications
Tuesday, August 12, 2003
Markets (Aug. 11)
BL 2501437.63 (+21.14)
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US Dollar (Buy/Sell)45.90/46.03
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STRATEGY


Maruti Omni set to undergo a makeover
THE country's largest car manufacturer, Maruti Udyog Ltd is all set to overhaul one of its longest surviving models, the Omni and launch it with more driver-friendly features. Top sources told Business Line the company has been working ... More

Colgate to offer aroma therapy under Palmolive
Adopting a premium pricing strategy, the Palmolive aroma therapy soaps are pegged at Rs 22 for 100 gms, while its shower gel is on par with Lux International's body wash at Rs 90 for 250 ml. More

ADVERTISING


O&M shifts its focus on outdoor, retail solutions
"When you buy outdoor you are buying a static medium, but we are able to add value and bring brand salience to the front," said Mr Pratap Bose, Country Manager, Ogilvy Landscapes. More

PROMOTIONS & OFFERS


BSNL's Raksha Bandhan offer
COIMBATORE: Bharat Sanchar Nigam Ltd (BSNL) has waived registration fee, installation charges and rental for two months for telephone connection bookings made in the names of sisters on August 12, the Raksha Bandhan Day, according to a ... More

CHANNELS AND FRANCHISES


Ministry finalises dealer selection norms for oil PSUs
THE Petroleum Minister, Mr Ram Naik, has finally agreed to remove the informal ban and allow public sector oil marketing companies to sign on dealerships for petrol and diesel. However, not before they pay the political price - the companies ... More

Deepak Roy keen on Famous Grouse distribution
Mr DEEPAK Roy, the liquor industry veteran who bought out Diageo's Indian whiskies last year, is interested in taking up distribution of the Famous Grouse Scotch Whisky, which is currently seeking a trading partner in the country. Mr Roy's ... More

MARKET SHARES


LG's microwave oven market share up at 62%
LG Electronics India Ltd (LGEIL) has further strengthened its position in the microwave oven (MWO) category for the first half of 2003, with a market share of 34.4 per cent and sales of 62 per cent. The company has been able to attain this ... More

RETAILING


Lifestyle Intl opens second store in Mumbai
LIFESTYLE International, part of the Dubai-based Landmark Group, has launched its flagship store at High Street Phoenix here. The 50,000-sq. ft. store encompasses the five concepts that are based on the needs and preferences of the Indian ... More

STANDARDS & BENCHMARKS


Delhi HC gives Govt three weeks to test Pepsi samples
THE Delhi High Court on Monday asked the Government to test soft-drink samples of PepsiCo India and submit the results in three weeks. The court's order was in response to a petition by PepsiCo late last week, asking the court to direct the ... More

No EU monopoly, say soft drink producers
IN an interesting development, the Indian Soft Drink Manufacturers' Association (ISDMA) said, "Blindly adopting standards set out by the European Union is an ill-conceived strategy on the part of a developing country such as India." There are ... More

NEW PRODUCTS & SERVICES


Package from Airtel, Videocon, Alcatel
ALCATEL, cellular service operator Airtel and Videocon Industries today announced a bundled package of an Alcatel One Touch 320 phone, an Airtel rental free post-paid connection, as well as a Videocon Walkman for Rs 3,489. Videocon comes into ... More

Nokia unveils new services
NOKIA has launched a range of entertainment and personalisation services such as downloadable ringing tones, picture messages, graphics, operator logos and games. Nokia has tied up with Bollywood production houses like Harry Baweja, Rajshri ... More

LG to launch new products in Kerala
LG Electronics has introduced a new range colour TVs together with a new series of semi-automatic washing machines in the Kerala market to coincide with the Onam season. Addressing a press conference here on Monday, Mr C.M. Singh, Head, ... More

Flexi coir mattress launched
HYDERABAD: Sheeka Synthetics, a city-based company, has launched `Serene rubberised flexi coir products' through the group company Serene Coir and Foam products. Available in Executive, Deluxe and Economic categories, the products are ... More

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    Aug. 3-Aug. 9
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