Showing posts with label India News. Show all posts
Showing posts with label India News. Show all posts

Friday, May 13, 2011

Tamil Nadu assembly elections Results 2011

Tamil Nadu assembly elections Results 2011


DMK +  =43

ADMK+  =191

 

J.Jayalalitha Leads by 10,000 Votes

Vijaykanth , Karunanidhi Leads.

Stalin hangs down to 100 votes lead.

Ka.Anbazhagan , Nehru Trails.

 

DMK Leads in 27 Seats

 

Vijaykanth's DMDK Leads in 25 Seats

 

Congress Leads in 6 Seats.

 

Tirunelveli (10) - ADMK + = 10 , DMK + = 0

Erode (7) - ADMK+ = 6, DMK + = 1

 

Congress Head Congrats Puratchi Thalaivi Amma !!!

 

Votes not For Money . People Proved in Tamilnadu !

 

Reference: http://2011ipl.in/2011-tamilnadu-election-results.html


Other Sites to see the latest news:

http://election.dinamalar.com/result.php?id=83
http://thamizharasiyal.blogspot.com/2011/05/tamilnadu-assembly-election-results.html

Friday, December 3, 2010

Dhoni Signed 26 Crore Endorsement Deal

Recently Indian Skipper MS Dhoni has signed 26 crore endorsement deal with the Vijay Mallya's UB Group, valued at more than Rs 8 crore per year.

The endorsement deal is for 3 year, with the country's largest spirit maker. Dhoni will do endorsement of Mcdowell Soda & also the whole UB Group.

MS  Dhoni Signed 26 Crore Endorsement Deal

With this Deal MS Dhoni came equal with Bollywood superstar Shah Rukh Khan in the endorsement.

MS Dhoni Signed 26 Crore Endorsement Deal "Yes, a deal has been signed between the UB group and the India captain MS Dhoni." A UB Group spokeswoman said but She refused to disclose financial or other details of the deal. A formal announcement by the UB group is expected in January
MS Dhoni Signed 26 Crore Endorsement Deal Mahendra Singh Dhoni was rated the world's highest paid cricketerby Forbes magazine He  had earned $10 million last year.

Ref: http://indiascanner.com/ms-dhoni-signed-26-crore-endorsement-deal-28377

Thursday, November 11, 2010

YOUNGEST CEO IN THE WORLD

HE MOST INSPIRATIONAL STORY OF THE WORLD'S YOUNGEST CEO:
Suhas Gopinath, the HERO

When 14-year-old Suhas Gopinath started Global Inc ten years ago from a cyber cafe in Bengaluru, he didn't know that he had become the youngest CEO in the world.

Today, Global is a multi-million dollar company with offices in the United States, India, Canada, Germany, Italy, the United Kingdom, Spain, Australia, Singapore and the Middle East and has 100 employees in India and 56 abroad.

Among the several honors that have been bestowed upon this young man, the most prestigious is the invitation to be a member of the Board of the ICT Advisory Council of the World Bank..

In 2007, the European Parliament and International Association for Human Values conferred 'Young Achiever Award' on him. He was also invited to address the European Parliament and other business dignitaries assembled in the EU Parliament. He is also recognised as one of the 'Young Global Leaders' for 2008-2009 by the prestigious World Economic Forum.

Suhas is the youngest member ever in the World Economic Forum's history. The other members include the Louisiana governor Bobby Jindal, Hollywood star Leonardo Di Caprio, musician A R Rahman, Prince of Brunei, etc.

In this interview from his office in Bengaluru, Suhas Gopinath talks about his decade long journey and his dreams for the future.

Suhas Gopinath with former President APJ Abdul Kalam

On his childhood:
I come from a middle class family. My father worked as a scientist for the Indian Army. I used to study in the Air Force school in Bengaluru.

As a child, I was more interested in animals and veterinary science. But when I saw my friends who had home computers talk about it, I had this urge to learn and talk in their wave length.

But we didn't have a computer at home. In those days, computers were very expensive and we couldn't afford one.

So, what I did was, I located an Internet cafe near my house. With my modest monthly pocket money of Rs. 15, I couldn't afford to surf the net every day.

I noticed that the shop was closed in the afternoon from 1 PM to 4 PM. So, I offered to open the shop for him after my school hours and take care of the customers.

In the bargain, he let me browse the net for free. That was the first business deal of my life and it turned out to be a successful one.
Suhas with Microsoft co-founder Bill Gates

On building websites using open source technology:
Once I got the chance to manage the shop and browse the net, I started building websites. It became my passion in no time.

I got hooked to open source technology after I started looking for e-books on how to build websites. They were not available as they were created in propriety sources.

So, I started using open source to build websites.

On getting the first contract to build a website

There is a freelance marketplace on the web where I could register and offer my services to build websites. I registered myself there as a website builder.

The first website I had to do was free of cost as I had no references. It was for a company in New York.

My first income was $100 when I was 13 for building another website but I didn't have a bank account. so, I told my father that I built a website and got paid for it.

I was not excited to get the money because money was not a factor that drew me to it. It was the passion for technology that attracted me. I used to build websites free of cost also. I was only a 9th standard student.

After that, I built my own portal and called it Coolhindustan.com. It was focused on NRIs. It was a portal where I wanted to showcase my skills.

After that, many companies approached me to be their web designer.

Suhas Gopinath speaking to students' at a conference in Austria

On buying his first computer


When I was in the 9th standard itself, I had made enough money to buy a computer for myself. At that time, my brother was studying engineering and my father thought he needed a computer.

In no time, I also bought one for myself. But we didn't have a net connection at home.

My spending hours in the net cafe working on websites did affect my studies. I spent the entire summer vacation after the 9th standard in the cafe.

On rejecting a job offer from the US

When I was 14, Network Solutions offered me a part-time job in the US and they said they would sponsor my education in the US. I rejected the offer because that was the time I had read a story about Bill Gates and how he started Microsoft.

I thought it was more fun to have your own company. Many US companies used to tell me that I didn't even have a moustache and they felt insecure taking my services. They used to connect my ability with my age and academic qualifications.

So, I wanted to start my own company and show the world that age and academic qualifications are immaterial. I decided then that when I started a company, I would recruit only youngsters and I would not ask for their academic qualifications and marks cards. I follow that in my company.

Suhas delivering a lecture at the DLD Conference



On starting his own company at 14

Soon after my 9th standard summer vacation, I started my own company, Global Inc. I wanted the name Global or Global Solutions but both were not available, so I named it Global.

I registered my company in the US as in India; you will not be able to start a company unless you are 18. It takes only 15 minutes to start a company in the US.

I became the owner and CEO of the company. My friend, an American who was a university student, became a board member.

I was very excited because that was what I wanted to do. From that day, I started dreaming of making my company as big as Microsoft.

On doing badly in school

In my pre-board CBSE exam, I failed in Mathematics. The school headmistress was shocked because that was the first time I had failed in any subject. She called my mother and said she was horrified by my performance.

At home, like any typical South Indian mother, my mother made me swear on her head that I would focus on academics.

I told my mother that the world's richest man Bill Gates had not completed his education. Why do you force me then, I asked her. She then said, I am sure his horoscope and yours are not the same!

I come from a family where entrepreneurship is considered a sin. My mother was quite upset. She wanted me to do engineering, then an MBA and work in a good company.

As per my mother's wishes, I took a four-month sabbatical from my company and studied for my board exam. I passed with a first class.

I still feel that you cannot restrict yourself to bookish knowledge. I believe that practical knowledge is more important.

In the first year, the turnover of Global Inc was Rs 1 lakh (Rs 100,000). The second year, the turnover went up to Rs 5 lakh (Rs 500,000).

Suhas receiving the Incredible Europe Innovation Award at Vienna

On looking at Europe as a market
Till I was 16 or 17, I didn't tell my parents that I had started a company. I kept it a secret because I thought they would object to it. They only knew that I was a freelancer.

We used to build websites and also offer online shopping and e commerce solutions. We even gave part time work to a few programmers in the US when we got many projects but we never had any office.

When I was 16, I saw that there was enormous business opportunities in Europe as a majority of the Indian IT companies were working for American companies.

When I contacted a Spanish company, it rejected my offer saying Indians do not know Spanish. As an entrepreneur, you can't accept rejection, especially when you are young.

I hired five student interns from some Spanish universities and told them they would be paid based on their successful sales.

They were the people who met the companies and bagged the projects for us. By now, we decided to have a home office in Spain.

I replicated the same model in Italy. I contacted some Italian university students.

Suhas meeting with Sheikha Nayhan, Minister for Higher Education, the UAE

On going to Germany to talk about entrepreneurship

The American newspapers were writing a lot about me as the world's youngest CEO at 14 from India, from a middle class background.

It was a good story for the BBC also. I never expected to be in the limelight. For me, starting a company was like realising a passion of mine.

On seeing these stories, a B-school in Germany invited me to talk to its students on entrepreneurship. I was 17 then. By now, I had completed my 12th standard and had joined Engineering in Bengaluru.

When I was 18, we set up an office -- the European HQ in Bonn. Then, we moved to Switzerland. Six months back, we started our operations in Vienna as well.

That is how we spread our operations from a small Internet cafe to become a multinational company with significant operations in Europe, Middle East, the US, Canada, the UK, Australia, etc.


On registering a company in India at the age of 18


The day I turned 18, I registered our company in India as Global, opened an office and recruited four people. I opened the office next to the Internet cafe where I started my career.

By then, he had closed shop and joined a factory as an employee. Whenever I met him, I used to tell him, 'you made me an entrepreneur but you stopped being one.'

On moving to creating products

We wanted our company also to be a product development company and our focus was on education, like the software that manages everything about a child while in school starting from admission till he/she leaves school and becomes an alumnus.

It is a nasty software which students are going to be quite unhappy about! This software was aimed only at the Indian market. I want to be the market leader in ICT in education.

Our software is being used in more than 100 schools all over India, Singapore and the Middle East.

We are now in the process of raising funds. Once we do it, we will separate the company into two -- service and product development. I want to concentrate on products as I can't sail on two boats.

World Bank president Robert Zoellick


On meeting former President Abdul Kalam
I met Dr Abdul Kalam when he was the President of India. I was 17 or 18 then. My meeting was scheduled for 15 minutes but we had such an intense conversation that it went on for one-and-a-half hours.

I didn't feel that I was talking to the President of India. We talked like two friends. He was sitting in his chair across the table but after some time, he came and sat next to me. He is such a modest person that it was a learning experience for me.
On being on the board of the World Bank
As per the wishes of my parents, I joined engineering but didn't complete my engineering: like Bill Gates! When I was in my 5th semester, the World Bank invited me to attend their board meeting. I am the only Indian on the board of the World Bank.

The objective was to explore how ICT can improve the quality of education in the emerging economies, by bringing in accountability and transparency in their financial deeds.

Robert B. Zoë lick, the president of the World Bank, decided that they could not have only Americans on the board and needed people from across the world. As they were focusing on education, they wanted young minds to add value to the work.

He preferred a young mind from an emerging country and that was how I got the invitation in 2005. Not even in my wildest dreams did I imagine that I would be on the board of the World Bank. The invitation was the most unforgettable moment in my life. I report directly to Robert B Zoë lick!

Some of the others on the board are the CEO of Cisco, the vice president of Microsoft and the CEO of SAP; all Fortune 500 companies and me, the only Indian!

I am helping the World Bank set policies on ICT in university education so that employability can be enhanced. My aim is to reduce the number of unemployed eligible youth in the world.

Right now, we are concentrating on Africa. Soon, I want to shift the focus on to India. It has been an amazing experience for me.

But I had to discontinue my engineering education at the time I joined the board, as I didn't have enough attendance in college!

Suhas Gopinath

On his dreams for his company
I have always believed that IT is not just technology but a tool that can solve the problems of people.


That is what I want to do in my company.

I want my company to be a market leader in software solutions concentrating on education.

When I was younger, I didn't care about money. Now that I am responsible for my employees, I care about what we make. If I am not bothered about money, we cannot scale up our business.

When I started my company from a net cafe in Bengaluru, I never ever imagined that one day my company would be a multi-million dollar company and I would be on the World Bank board as a member.

What drives me is my passion and it has been an amazing journey so far.


Ref: http://worldyoungestceo.blogspot.com/

Wednesday, February 24, 2010

Tiger Airways to expand in India - Flights to Trivandrum and Kochi in Kerala state and Trichy in Tamil Nadu

Tiger Airways to expand in India

SINGAPORE budget carrier Tiger Airways said on Tuesday it was looking at flying to three more destinations in India in addition to Chennai and Bangalore.
Tiger president and chief executive Tony Davis said the airline wants to fly to Trivandrum and Kochi in Kerala state and Trichy in Tamil Nadu.
'As the world's second most populous country, India is a natural consideration for us to expand our low-fare offering,' Mr Davis said in a statement.
'We have had numerous requests from passengers to fly to more Indian destinations. With this encouragement, we plan to commence discussions with the airports and authorities.'
Tiger Airways, which is one-third owned by Singapore Airlines, operates flights to 33 destinations across 11 countries and territories in Asia and Australia from bases in Singapore and the Australian cities of Melbourne and Adelaide. -- AFP
Ref: http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_493895.html

Tuesday, January 29, 2008

10 top Indian CEOs

These are the jewels in India Inc's crown... men who have created industry empires that will inspire generations. We present 10 of India's top CEOs. They have not been ranked and their names appear in no particular order.

Lakshmi N Mittal Image
Steel tycoon Lakshmi Niwas Mittal is the richest Indian in the world, with an estimated wealth of $25 billion. He resides in London, has his company registered in the Netherlands, but still holds an Indian passport. Although Mittal Steel was already the world's biggest steel company, his king-sized ambitions were evident when he took over steel giant Arcelor to create a new steel behemoth -- Arcelor-Mittal.
L N Mittal left India in the mid-1970s to start his career. He was sent to Indonesia by his father to shut down the family's ailing steel plant and sell the land. Instead, young Mittal saw an opportunity and turned the plant around.
To prove that this was no fluke, Mittal acquired a 1.3 million tonne, Iscot Steel plant in Trinidad & Tobago, which was losing $100,000 a day. One year of Mittal-style management and it was making profits, the LN Mittal legend was born. That move helped him get into America.
The Mexican government seeing the success that Mittal made of Iscot, asked him to take over their ailing steel plants in 1992.
But it was not all that smooth. In 1994 Mittal had differences with his brothers and father, and went on to form his own company. The following year Mittal entered the European market, acquiring the 5 million tonne Kazakh steel plant, Karmet.
Meanwhile, Mittal had listed Ispat International on the New York and Amsterdam Stock Exchanges in 1997. Eight years later Mittal Steel became the world's largest steel maker when he took over the US's largest steel producer -- the International Steel Group. He then consolidated all his steel holdings into Mittal Steel.

Rahul Bajaj  Image
Rahul Bajaj is the chairman of the Bajaj Group, which ranks among the top 10 business houses in India. He is one of India's most distinguished business leaders and internationally respected for his business acumen and entrepreneurial spirit.
He took over the reins of Bajaj group in 1965. Under his leadership, the turnover of the Bajaj Auto the flagship company has risen from Rs 72 million to Rs 46.16 billion. The initiation of liberalisation in India posed great challenges for Bajaj Auto. Liberalisation brought the threat of cheap imports and FDI from top companies like Honda. Rahul Bajaj became famous as the head of the Bombay Club, which opposed liberalisation.
The scooter sales plummeted as people were more interested in motorcycles and the rival Hero Honda was a pioneer in it. The recession and stock market collapse of 2001 hit the company hard and it was predicted that the days of Bajaj Auto were numbered.
However, Bajaj Auto re-invented itself, established a world-class factory in Chakan, invested in R&D and came up with Bajaj Pulsar Motorcycle. Bajaj Pulsar is currently a leader in its segment.
Recently, Rahul Bajaj was elected to Rajya Sabha from Maharashtra.
He is an alumnus of Harvard, St. Stephen's and Cathedral.

Ratan Tata  Image
Ratan Naval Tata, a bachelor, is the chairman of the Tata Group, India's most respected conglomerate. He was born into a Parsi family in Mumbai (then called Bombay) to Soonoo and Naval Hormusji Tata on December 28, 1937.
He did a short stint with Jones and Emmons in Los Angeles, California, before returning to India in 1962. He had earlier turned down an IBM job offer.
He joined the family business in 1962 and worked with many of his group's companies. He took over as group chairman from the legendary J R D Tata in 1991.
Since then, he has been instrumental in boosting the fortunes of the Tata Group, which has amongst the largest market capitalisations in the Indian stock markets.
Tata Motors developed the Tata Indica in 1998. This was the first 'entirely Indian' passenger car. Ratan Tata's dream now is to manufacture a car costing just Rs 100,000.
Ratan Tata holds a degree in Architecture and Structural Engineering from Cornell University. He has also done the Advanced Management Program from Harvard Business School in 1974-1975.
Ratan Tata was honoured with one of India's highest civilian awards, the Padma Bhushan, on January 26, 2000.

Mukesh Ambani Image
Mukesh Ambani, the chairman and managing director of India's largest private sector enterprise -- Reliance Industries Limited -- was born on April 19, 1957.
His father, the legendary Dhirubhai Ambani, was then a small businessman who later on rose to become one of the legends of Indian industry.
Mukesh joined Reliance Industries in 1981 and was the brain behind Reliance's backward integration from textiles into polyester fibres and into petrochemicals. During the process of backward integration, Mukesh Ambani led the creation of 51 new, world-class manufacturing facilities involving diverse technologies that raised Reliance's manufacturing capacities manifold.
The world's largest grassroots petroleum refinery at Jamnagar is his brainchild. He was also the in-charge of Dhirubhai's dream project Reliance Infocomm. But after the split in the Reliance Empire, Reliance Infocomm went to his brother Anil.
Mukesh Ambani is now planning to enter retail sector in a big way and will launch a chain of 'Reliance Fresh' retail stores. He also entered into an agreement with the Haryana government to establish a Special Economic Zone with an investment running into billions of rupees.
He has a bachelor's degree in Chemical Engineering from University of Bombay and a master's in Business Administration from Stanford University, USA.

Nandan Nilekani Image
Nandan Nilekani is the CEO and managing director of the Infosys. He, along with N R Narayana Murthy and five others, co-founded India's IT jewel, Infosys Technologies.
Born in Bangalore to Durga and Mohan Rao Nilekani, he graduated from the Indian Institute of Technology, Bombay.
After graduation, he met Narayana Murthy, who then led Patni Computer Systems's software group, seeking a job. Murthy hired the young engineer. That was the beginning of a relationship that was to create Indian corporate history.
Three years later, seven enthusiasts (including Nandan) decided to start their own outfit (Infosys Technologies Ltd) with Murthy in the lead. Their decision rewrote the domestic software industry of India.
He became the chief executive officer of Infosys in March 2002. He now leads the company with Narayana Murthy having retired in August 2006.
He is married to Rohini, an English-language novelist, and they have two children: daughter Janhavi and son Nihar. He speaks Konkani at home.
In 2006, he was awarded the Padma Bhushan by the Government of India. He is regarded by Time magazine as one of the 100 most influential people in the world in its issue of May 2006.


Azim H Premji Image
Azim Hashim Premji, the chairman of Wipro Technologies, is one of the richest Indians. He is an icon among Indian businessmen, especially in the software industry.
Born on July 24, 1945, Premji was studying Electrical Engineering at Stanford University, USA when due to the sudden demise of his father, he was called upon to handle the family business at the age of 21.
Wipro was then Western Indian Vegetable Products, a small cooking oil company. Premji diversified into bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries, lighting products and hydraulic cylinders. And then shifted focus from soaps to software.
He transformed Wipro into one of India's most successful IT companies.
Under Azim Premji's stewardship, Wipro has grown from a fledgling Rs 70 million oil company into an IT giant with a turnover of $2.4 billion company and an employee strength of 57,000.
Azim Premji has regularly featured in the Forbes' list of the world's richest people. He was also rated among the world's 100 most influential people by the Time magazine.
In 2005, the Indian government honoured him with Padma Bhushan, one of the nation's highest civilian awards.

Anil Ambani Image
The fourth richest Indian today, with a net worth of about $13.5 billion, Anil Ambani is chairman of Reliance Communications, Reliance Capital, Reliance Energy and Reliance Natural Resources Limited.
Before the Reliance empire split, he was vice chairman and managing director of Reliance Industries Limited. The Reliance group was founded by his late father Dhirubhai Ambani.
Anil was born on June 4, 1959. He joined Reliance in 1983, two years after his elder brother Mukesh, as co-chief executive officer. He is credited with leading India's foray into overseas capital markets with international public offerings of global depositary receipts, convertibles and bonds. He also directed RIL's efforts to raise $2 billion from global markets.
Anil was elected as an independent Member of the Rajya Sabha with the support of the Samajwadi Party, but resigned on March 25, 2006.
Ambani who was once ridiculed for being overweight at a shareholder's meeting is now a fitness freak and runs the Mumbai marathon regularly.
He has a bachelor's degree in Science from the University of Bombay and a master's in Business Administration from The Wharton School at the University of Pennsylvania.
He is married to former Bollywood actress Tina Munim.

Sunil Mittal Image
Sunil B Mittal is chairman and managing director of Bharti group. Bharti is India's largest GSM-based mobile phone service.
Son of a politician, he built his Bharti group, along with two siblings, into India's largest mobile phone operator in just ten years. Vodafone and SingTel both own stakes in recently renamed flagship Bharti Airtel. Group also has partnerships with Axa for insurance and with the Rothschild family for exporting fruits and vegetables. Has said he wants to go into retailing
The 49-year-old has always been a pioneer. A first generation entrepreneur, he started his first business in 1976 with a capital investment of Rs 20,000. He decided not to be a politician and set up a small bicycle business in Ludhiana. By 1979, Sunil Mittal realised that his ambitions could not be fulfilled in Ludhiana, so he moved out to Mumbai. He initially founded a number of trading concerns, and established the first company to manufacture push button telephones in India.
In 1982, Mittal started a full-fledged business selling portable generators imported from Japan. He was one of the first entrepreneurs to identify the mobile telecom business as a major growth area and launched services in Delhi in 1995. Under his leadership the company has gone from strength to strength.

K V Kamath Image
Kundapur Vaman Kamath is the managing director and CEO of ICICI Bank, the largest private bank in India.
Kamath, born on December 2, 1947, began his career with ICICI -- the parent body of ICICI Bank -- in 1971 and has since then worked to take ICICI places. He has helped the financial institution evolve into a modern, tech-savvy organisation.
He joined the project finance division of ICICI in 1971 and moved on to different departments to gather rich experience. In 1988, he joined the Asian Development Bank, Manila in their private sector department. He worked in most of the developing countries in the region including China, Thailand, Philippines, Indonesia and Vietnam. In May 1996, he returned to ICICI as its managing director and chief executive officer.
He is a graduate of the Indian Institute of Management, Ahmedabad.

Kumar Mangalam Birla Image
Kumar Mangalam Birla, born on June 14, 1967, is among the richest persons in India and the eighth youngest billionaire outside India.
He is chairman of the Aditya Birla Group, one of India's largest business groups. Some of the AV Birla group's companies are: Grasim, Hindalco, UltraTech Cement, Aditya Birla Nuvo and Idea Cellular.
He took over as chairman of the group in 1995, at the age of 28, after the sudden demise of his father, Aditya Birla.
When he took charge, there were doubts about his ability to handle the giant business house, but he proved all naysayers wrong.
In the 11 years that he has led the group, he has won admiration, recognition and praise for his management acumen and contribution to industry.
Under his leadership, the group has consolidated its position in existing businesses and ventured into cellular telephony, asset management, software and BPO.
He is a chartered accountant and also holds an MBA from the London Business School, London.

Tuesday, January 22, 2008

Here's the Bajaj small car, but it won't cost Rs 1 lakh!

The country's second largest bike maker Bajaj Auto Ltd on Tuesday cocked a snook at those who sniggered at its efforts to get into the passenger car market.
The company silently unveiled its 'Lite' concept car in New Delhi, two days before the much hyped launch of Tata Motors' Rs 1 lakh car.
Bajaj Auto, the country's second biggest two-wheeler maker, said it plans to bring out its small car in collaboration with Renault and Nissan within four years but it will not be for Rs 1 lakh (Rs 100,000).
"I know Carlos Ghosn (President and CEO of Renault and Nissan) has set a target of 2010 for Bajaj-Renault car. While it is hard to put any time-frame, we can say in two-four years we can expect to have the product ready," Bajaj Auto managing director Rajiv Bajaj told reporters in New Delhi.
Bajaj declined to give a specific price of the small car. Ghosn has earlier stated that Renault was looking for a $3,000 car in India, a move triggered by Tata Motors' Rs 1 lakh car that will be unveiled later this week.

Image

Friday, January 11, 2008

Here's the Bajaj small car!

The car -- which reminds you of the Matiz front on, but has a very upright auto-like back -- has been conceptualized by the Bajaj team at Akurdi, near Pune.

". . . but definitely, the small car from Bajaj will not be a Rs 1 lakh nor a Rs 10 lakh (Rs 1 million) car. Price is not the centre of the product, but it will offer twice the fuel economy that the existing products in the market," Rajiv Bajaj said, adding that the car could be powered by both diesel and petrol engines.

BAL and French carmaker Renault are currently undertaking a feasibility study for partnership in the small car project and is expected to be completed by next month, he added.

They are developing both diesel and petrol engines. Bajaj Auto will also be setting up a new manufacturing unit in Chakan that will manufacture the small car and light commercial vehicle.

List of suppliers for Nano

BOSCH - Alternator; Brakes; Fuel injection system; Ignition system
LUMAX AUTOMOTIVE - Headlamps
RICO AUTO - Engine blocks
NK MINDA - Switches; horns
SONA GROUP - Steering columns
GABRIEL - Suspensions
KINETIC ENGINEERING - Gears
FEDERAL-MOGUL GOETZEE - Engine pistons
JK TYRES - 12-inch tyres

Friday, December 14, 2007