2. Dabur casts Bhojpuri actor in lead role for local endorsements Ravi Kishen to dance to the tune of Mein aayahoon UP, Bihar lootne…for DaburChyawanprash, through direct interaction with dealers, consumers and stockists particularly in Bihar and UP. Company officials said that through cost will be must less and it’s a great way to attract target group.
3. BHARTI in talks to exit MF business BHARTI is in talks with Bank of india to sell its 25% stake in domestic asset management JV with AXA investment Managers. The AXA group owns 75% on the mutual fund venture with assets under management of Rs. 510 crore.
4. Ericsson, NSN bag vodafone 3G deal Sweden’s Ericsson and Finland Nokia will roll out 3G network for Vodafone Essar. Vodafone gave them 3 year contract estimated to be $500 million. Nokia Siemens will supply, implement and manage vodafones 3G network in Tamil Nadu, Gujarat, Maharastra, UP,WB and Haryana while Ericsson will cover metros Delhi, Mumbai and Kolkatta
5. Carlson mulls buying stake in hotel projects CARLSON hotels worldwide may pick a minority equity stake in some hotel projects being built by local developers that will operate under its mid segment brands in India. Its planning to open 69 hotels in country by 2015, out of 250 planned across the world. Presently its operating 31 hotles across all its brands in india