Monthly Archives: March 2012
Delhi Metro Phase II to be Funded by Japanese International Cooperation Agency
Asia Bizz: As Phase III of the Delhi Metro is set to begin, Japanese International Cooperation Agency (JICA) has signed an agreement with India on March 29, 2012. The JICA has provided a fund of Rs 7,922 crores as soft loan for the construction...
RIM Cuts Prices of Smartphones in Indian Market By 26 percent
Asia Bizz: Research In Motion, the popular BlackBerry handset maker slashed the prices of its handsets by up to 26 percent in the Indian market on March 28, 2012. With the latest move by the company, RIM aims to grab more market share in the...
BMW Recalls 3,422 Cars in India
Asia Bizz: After German automobile manufacturer BMW announced a global recall of about 1.3 million vehicles, the company has now recalled 3,422 units in India. The recall has affected the models of the previous generation - the 5 and 6 series,...
Scotch Whiskey Export to India Increases by 30 percent
Asia Bizz: The latest figures from the Scotch Whiskey Association (SWA) have stated that despite the high import tariff, Scotch whiskey imports in India has increased. A 30 percent increase by volume has been noticed in the year 2011 compared...
Nokia Launches First Smartphone for Chinese Market
Asia Bizz: Cell phone manufacturing giant Nokia launched its first smartphone for China on March 29, 2012. With the launch of the new smartphone, the cell phone maker is eying the world’s biggest mobile market.
The company launched its new...
Hyundai iGen i20 Rolled Out in India
Asia Bizz: South Korean auto manufacturer Hyundai has launched new versions of its popular i20 in the Indian market. The new i20 has been launched in the compact car segment and is priced up to Rs 7.67 lakhs. Hyundai has brought the iGen i20...
Parle to Launch New Range of Snack Products
Asia Bizz: Popular Indian biscuit manufacturer, Parle Products, will soon be launching five new ‘Namkeen’ products within the next two years. With the launch of the new products, the company will be able to garner 25 percent of the Rs 8,000...
Gold Jewellers Strike Extended, Business Down
Asia Bizz: The jewellers strike in India extended to its 12th day on March 28, 2012. Due to the strike, dealers have said that it has weakened business of the yellow metal and there have been no imports either.
The jewellers have been protesting...
Jabra launches new UC Voice series headsets
Asia Bizz: The popular wireless headset maker, Jabra, has announced the launch of its four new Unified Communications dedicated headsets in the Indian market. The headsets are from the Jabra UC Voice series.
The headsets have been specifically...
Apple Offers Refunds to Australian iPad 4G Customers
Asia Bizz: On March 26, 2012, iPad maker Apple offered Australian customers a refund if they felt misled by the advertising surrounding the 4G capabilities of the new iPad. The company has been recently taken to the Federal Court by Australia’s...