ITC Vivel takes initiative to empower women

Its brand philosophy has always been ‘Ab Samjhauta Nahin’. And it has always chosen the path of empowering and educating women to challenge stereotypes and help enable self-action, with the firm belief that no one should have to compromise on their dignity or be discriminated against. And now to take this brand philosophy forward, Vivel, the leading personal care brand from the ITC’s stable, has teamed up with the professional feminist organisation, Azad Foundation to launch Parvaz – A Feminist Leadership Programme to help transform communities.

China’s Silver Basis forays into India

Silver Basis, the $120 million Shenzhen stock exchange listed, one of the world’s top three automotive injection tooling companies, has entered India through a joint venture to manufacture plastic injection molds for the automotive industry.

The Chinese company has set up a joint venture with Faurecia, a leading automotive technology company and Kraftsman Tooling, a Pune-based injection mold making company with an investment of Rs 50 crore.

The new company is called Basis Mold India, in which Silver Basis has majority stake of 60 per cent and it will manage the company.

Triumph India launches Tiger 800 series

British superbike manufacturer Triumph Motorcycles has introduced the all-new Tiger 800 XCX and XR line-ups in India with a price tag between Rs 11.76 lakh and Rs 13.76 lakh to boost sales in Asia’s third biggest economy.

The company said there are over 200 upgrades to the chassis and engine, which is more responsive and optimised, in the new line up.

They will also get updated cruise control, and will also get brembo front brakes deliver reliable, premium capability in all conditions.

Chinese brand Comio sees big growth from India

Comio, a smartphone brand of Topwise Communications, China that recently forayed into Indian market, feels the response has been tremendous, not just from consumers but also from distributors and retailers. Within the first five months of entering India, it claims to have sold 4 lakh handsets as a new brand. The activation is 2.5 lakhs which is 63 per cent in a cluttered sector, boasts Sumit Sehgal, Chief Marketing Officer, Comio Smartphone.

Blue Star eyes 12.5% market share in FY19

Blue Star, the air conditioning and commercial refrigeration major, has introduced 100 new air conditioners, including 40 highly energy efficient inverter split air conditioners.

With this the Mumbai-based major is targeting 12.5 per cent market share in the room AC segment next fiscal year as it expects to grow above the industry average.

Force Motors, Rolls-Royce Power Systems ink Rs 300cr JV

Force Motors and the German Rolls-Royce Power Systems have entered into a 51:49 joint venture to produce MTU series engines in India with an initial investment of over Rs 300 crore.

The joint venture company called Force MTU Power Systems will set up a factory to produce a series of engines for the power generation and rail underfloor applications at Force Motors' plant in Pune.

Tata Motors, Nissan to hike prices from April 1

Automakers Tata Motors and Nissan India on Tuesday announced they would increase the prices of their models from next month in order to partially offset the impact of rising input costs.

In a statement, Tata Motors said it would hike prices of passenger vehicles by up to Rs 60,000 from April 1. “The rising input costs, cha­nging market conditions and various external economic fa­ctors, have compelled us to consider the price incre­ase,” Tata Motors president (passenger vehicle busine­ss), Mayank Pareek, said.

Big B to promote Navratna Oil as Acapella singer

Bollywood Big B will now be seen in the avatar of an Acapella singer, promoting Navratna Oil, the ayurvedic therapeutic cool oil brand from the stable of Emami Limited. He will actually be seen crooning the iconic song ‘Sar jo teda chakraye’ from the film Pyaasain an acapella style. The Navratna portfolio, from the FMCG major Emami Limited consists of Navratna Oil, Navratna XtraThanda Oil, Navratna Almond Cool Oil and Navratna Cool Talc.

Duracell eyes to double its business in next 3 years

Duracell, the American manufacturer of alkaline batteries, plans to double its business in the next three years and expand its product portfolio in India. The company will launch new products like specialty and rechargeable batteries in the Indian market this year.