Editor's Desk

The Tata Group’s flagship automobile major Tata Motors is expected to flag off  bookings for its small car – Nano – by the end of the month while deliveries will begin next month. The first batch of Nanos will be from the company’s Pantnagar facility. Despite the slowdown in the global auto sector that has … Read more Nano shifts to forward gear – Bookings Open Last Week

Until recently, due to its large working population, India was touted as one among few countries that enjoyed a ‘demographic dividend’. But with one of the fallouts of the global crisis being job losses, this could become a demographic nightmare. With most of the ‘officially reported’ 500,000 job losses during the last quarter exports related, … Read more Layoffs in Indian Export Sector – Collateral Damage

The National Pharmaceutical Pricing Authority (NPPA) is taking a tougher stand against arbitrary price increases by the pharmaceutical companies. The pricing regulator has said that drug makers will not be allowed to raise prices of existing drugs by changing the composition. NPPA has said that if the drug companies introduce a new drug by changing … Read more Pharma cos to face tougher regime on price controls

Mumbai based textile group – Provogue (India) – is planning to open 35 Provogue stores and eight Promart outlets across India for an investment of Rs 25 crore. These stores, expected to be set up by 2010, would be built across 800-4,000 square feet in high streets and malls of metros, Tier II and Tier … Read more Provogue India to open 35 stores by 2010