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The Direct to Home (DTH) arm of Zee group has appointed R. C. Venkateish as the new CEO of the company.

Having worked with top international brands in the past like Smithkline Beecham, Nestle India, Gillette, Kellogg India and ESPN Star Sports, Venkateish brings a total of 27 years of rich experience with him on board for the company out of which for around 12 years he has served many global brands.

His last position was with ESPN Star Sports, where he was serving as the Managing Director India and South Asia for the company and looked after the business operations of the company in these markets.

The troubled and tensed oil goliath, once upon a time, BP expressed that seepage has been noticed in the Gulf of Mexico which might not be linked to its waft out from the Macondo well, which has triggered off the largest offshore oil spill in the history of U. S.

According to the Spokesman Robert Wine on Monday the BP engineers were the informers of the information provided for the comments via government's big shot officials supervising the trickle retort attempt, Admiral Thad Allen that a dribble was found from an expanse from the well.

There is some good news from the trading side as the export figures of India begin to improve. As per the information given by Rahul Khullar, Commerce Secretary India's exports grew by a healthy 30.4 per cent for the month of June.

In real term it stood at $17.75 billion which is much higher than for the same month last year.

At that time the figure was at $12.81 per cent which meant that it had shrunk by 27.7 per cent. This was clearly the impact of the global meltdown but it must be considered that the same has taken a big U-turn.

For the quarter ending June 30, 2010, Escorts Limited said that it has seen a 106 per cent in net profit. In terms of money it comes to Rs. 458 million which is higher than Rs.222 million in the corresponding quarter of the last fiscal.

Profit before tax (PBT) of the agri-machinery making company was at Rs.684 million as against a profit of Rs. 414 million in the same quarter of last fiscal. Net sales during the period, increased by 38.5 per cent, to end at Rs. 8.06 billion; as against Rs. 58.2 billion; in the last fiscal.

The leading UV maker in the Indian market, Mahindra & Mahindra is putting in every effort to ensure that it takes it s sedan Logan in the Indian market to new heights.

Dealing with dwindling sales for the past many months, M&M has been very aggressive in its approach over the past few months (read: after buying the JV stake from Renault) to boost Logan's sales in the Indian market. In fact, under a recent move, the company has launched an ad campaign for the Logan with a new brand positioning strategy that focuses on two needs of Indian car consumers: mileage and space.

While the Bajaj-Renault-Nissan partnership has been official as all the parties have recently signed an agreement to develop a ultra-low-cost (ULC) car for the Indian market but it has been learned from the sources that it can also face a situation where the partners can even confine their relationship to sharing a platform which will produce vehicles for their exclusive needs.