weekly news(20th to 24th sept)

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Page 1: WEEKLY NEWS(20th TO 24tH SEPT)

Latest NewsLatest News

Page 2: WEEKLY NEWS(20th TO 24tH SEPT)

Weston forays into Weston forays into mobile handset marketmobile handset marketConsumer electronics firm Weston is

entering into the Indian mobile phone market.

Their vision is to introduce the most affordable handsets in India keeping in mind the features to price ratio.

The company today launched seven models between a price range of Rs 1600 to Rs 3500.

Page 3: WEEKLY NEWS(20th TO 24tH SEPT)

Cantabil plans to introduce Cantabil plans to introduce sportswear rangesportswear range

Apparel manufacturer and retailer Cantabil plans to enter the sportswear segment in the next two years.

The company currently sells casual and formal wear for men, women and kids under 'Cantabil' and 'La Fanso' brands.

The company currently sells casual and formal wear for men, women and kids under 'Cantabil' and 'La Fanso' brands.

The company has fixed the price band of the issue between Rs 127 and Rs 135 per equity share.

Page 4: WEEKLY NEWS(20th TO 24tH SEPT)

Four Indian-Americans in Forbes 400 Four Indian-Americans in Forbes 400 rich listrich list

Four Indian-Americans Sun Microsystems co-founder Vinod Khosla Syntel's founder Bharat Desai Venture capitalist Kavitark Ram Shriram Software king Romesh Wadhwani.

The list is topped by Gates, which has retained his position as the richest man in America with a net worth of $54 billion, for the 17th year in a row.

Khosla occupies the 308th spot , Desai ranks 252, Shriram occupies the 288th position and Wadhwani is on the 290th spot.

Page 5: WEEKLY NEWS(20th TO 24tH SEPT)

Maruti Suzuki re-appoints Shinzo Maruti Suzuki re-appoints Shinzo Nakanishi for three yearsNakanishi for three years

The country's largest carmaker Maruti Suzuki India (MSI) has re-appointed its MD and CEO Shinzo Nakanishi.

He has been re-appointed for three years with effect from December 19, 2010.

Nakanishi had joined the Japanese auto giant Suzuki

Motor Corporation's Indian subsidiary in 2007.

Page 6: WEEKLY NEWS(20th TO 24tH SEPT)

Adani Wilmar to enter Adani Wilmar to enter branded commodity marketbranded commodity market

The makers of Fortune edible oil, Adani Wilmar Limited, are planning to enter branded commodity segments, including rice and pulses, under the health and wellness platform.

They have identified three categories—basmati rice, packaged daals and besan—for expanding our portfolio

The processed food market in India is estimated to be over $100 billion.