2. WORLD STOCKS UP AS G-20 VOWS TO
AVOID CURRENCY WAR
World stocks rose and the dollar slumped.
Vowed to avoid a currency war that could derail
the global recovery.
Investors are wary that this may only prove a
temporary truce.
The communiqué is wide open to varying
interpretations.
3. JAGUAR LAND ROVER IN TALKS WITH
CHINESE AUTOMAKER FOR JV
Tata Motors, is in talks with a Chinese
Automaker
Establish a Manufacturing and Sales Joint
Venture.
A Joint Venture could boost the Jaguar and Land
Rover brands in China.
Planning to widen its offering in premium Jaguar
cars.
Emerged as the Third-Largest Market.
4. ICICI BANK, AMERICAN EXP
LAUNCH PREPAID TRAVEL CARD
Fast-expanding Customer Segment of discerning
Travellers
Frequent Travel Schedules for both Business and
Leisure.
Card will allow Customers to have access to
13,000 offers from over 10,000 Merchants.
Customers will also have useful services and
benefits, such as a 24x7 Customer Hotline.
Association with American Express.
5. PM MANMOHAN SINGH URGES CLOSER
JAPAN TIES FOR ASIAN GROWTH
Ties with Japan to bolster Asian Economic
Growth.
Struggles to offset the risk of its growing
dependence on Giant Rival China.
Hold annual ministerial economic talks.
Japanese firms access to India's fast-growing
market.
Japan wants to cultivate India as a strategic
partner to offset problems in its relationship with
China.
6. JOHNSON & JOHNSON IN TROUBLE FOR
10,000 FAULTY HIP REPLACEMENTS
Facing a Multi-Million-Pound Legal Claim
Over 10,000 Patients have been recalled to
Hospital to have their Operations Reviewed.
Components used to Cushion and fix the
Artificial Joint were causing Tumours and
depositing Toxic Metal in the Blood.
Patients receiving the faulty ASR hip Implant
Causing Inflammation and Benign Tumours to
Form.
7. TATA DOCOMO KEEN ON
BUYOUTS
Buy other Indian Telecom Operators.
Regulatory framework becomes conducive to
Telecom consolidation.
They have the ability to increase Subscribers
Tata DoCoMo have merely 4.4 Mhz of Radio
Bandwidth.
Acquirers await final regulations on the fees the
Government will charge in Transactions.
