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Sunday, January 23, 2011

Business News

  • Avinash Vashistha is Accenture India MD
  • Maruti price strategies is about to change
  • Bhel net profit up 31% in Q3
Avinash Vashistha is Accenture India MD
Technology consulting firm Accenture Plc. on Friday said it has appointed Avinash Vashistha as the managing director (MD) for its India operations. Vashistha has also been appointed cochairman of the India operations along with Harsh Manglik, who has been chairman and MD of Accenture India since September 2006 and intends to retire later this year.
Maruti price strategies is about to change
Maruti Suzuki India Ltd has increased prices of its vehicles by up to `8,000 across models, except its newly launched compact car Alto K10.
“Yes, we did increase the prices on 17 January ranging between 0.5% and 2.2%, “ Maruti Suzuki India managing executive officer (marketing and sales) Mayank Pareek said.

Bhel net profit up 31% in Q3
Bharat Heavy Electricals Ltd, (Bhel) India's biggest power equipment maker, posted a 31% increase in third quarter profit after getting additional orders.
Net income in the three months ended 31 December climbed to `1,400 crore from `1,070 crore a year earlier, the company said on Friday.