Thursday, September 8, 2011

Corporate Snippets

±  Hero MotoCorp will start dropping the Honda brand from its existing products this fiscal. (BS)
±  Bajaj Auto will showcase their four-wheeler in the Delhi Auto Expo next January. (BS)
±  Aurobindo Pharma has formed an equal joint venture with Russian healthcare equipment company Ojsc Diod to manufacture and sell drugs in Russia, Belarus and Kazakhstan. (ET)
±  Jubilant Foodworks plans to enter Bangladesh after opening the first Dominos Pizza outlet in Sri Lanka earlier this month. (BS)
±  Tata Motors has cut production in both the passenger and commercial vehicle segments in order to align its output with market demand. (FE)
±  Jaguar Land Rover is looking to increase manufacturing of its vehicles in India in order to escape the high duty on its products imported to the country. (BS)
±  RCOM has clinched a Rs14bn deal with HDFC Bank to build and maintain a data centre. (ET)
±  Mahindra Reva Electric Vehicle will introduce a new electric vehicle in the next 18 months based on a model from parent group Mahindra & Mahindra's existing portfolio. (BS)

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