Tuesday, July 8, 2008

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Pepsi drops Tendulkar, opts for cricket's Youngistan
    RIGHT CHOICE? Tendulkar, with a fee of Rs 3-4 cr per brand endorsement, is the highest paid cricketer of his generation.Pepsi has decided to focus on younger cricketers instead of Tendulkar.
Oil prices slide to less than $142 per barrel
    FUEL FOR THOUGHT: Iran's flexibilty over N-programme indicates a further slump in prices.Increase in oil prices to about 50 per cent earlier had raised concerns.
Beggars too feel the inflation pinch
    RISING COSTS: The daily collection of the beggars is dwindling fast and they blame skyrocketing inflation for it.Life for scores of beggars at the city's traffic intersections is no longer good.
High inflation fails to dampen kidswear market
    BOOM TIME: Brands like Reebok, which is launching Reebok Juniors are trying to cash in on the growing market.Indian kidswear market expected to grow by 30 per cent.
Will MTN extend R-Comm exclusivity deadline?
    TIME OUT? With just five days to go for the MTN deal, the dispute between Mukesh and Anil has taken a new twist.Reliance Communications and MTN entered into a 45-day period of exclusive talks on May 26.
Inflation up at 11.63 per cent
    ANOTHER ASSURANCE? FM assured last week that Govt was making all efforts to curb inflation.This is the highest in more than 13 years, above the previous week's 11.41 per cent.

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