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M&M banks on Bolero brand to increase Maxi Truck reach
Utility vehicle maker Mahindra & Mahindra(M&M) is banking on leveraging its popular Bolero brand to expand its presence in the pick-up segment, where it is currently the market leader with an 85 per cent market share.

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Right packaging key to boosting coffee exports
Getting the right packaging material at an affordable price is a major challenge facing coffee exporters in India today. India, like other coffee exporting countries, uses the conventional jute bags for exporting green coffee. However, when it comes to exporting roast and ground coffee, the material used for packaging plays a major role. As of now, India’s roast and ground coffee exports in the retail form are very small in volume at 200 tonnes, whereas the country’s total green coffee exports are about 180,000 tonnes.

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Kingfisher Airlines net declines 13% at Rs 418 cr
Vijay Mallya-controlled Kingfisher Airlines has reported a 13.4 per cent drop in its net loss at Rs 418.23 crore during the second quarter ended September 30, 2009 compared to a net loss of Rs 483.2 crore in the corresponding quarter last year. Its income from operations declined by 13.6 per cent to Rs 1,142.1 crore during the quarter compared to the same period a year ago.
Corporate

Rupee gains 15 paise at 46.09/$ in early trade

The rupee today appreciated by 15 paise to 46.09 a dollar in early trade on sustained capital inflows into stock markets. - Rupee at month high, rises 8 paise at 46.22/$ - Bonds drop on rate-hike speculation - Rupee gains 7 paise at 46.54/$ in early trade - Forex reserves dip $144 million - Forex reserves fall by $144 mn to $283.4 bn - Rupee starts New Year on weak note, sheds 7 paise Dealers said increased capital inflows by funds into equities, helped the rupee gain in early trade. Dollar"s weakness against other Asian currencies also supported the rupee sentiment. The rupee had ended 5 paise higher at 46.24/25 yesterday. Meanwhile, the Bombay Stock Exchange benchmark Sensex opened up 104.09 points at 17,790.33, the highest level since February 2008.


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