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After Bajaj launched the premium Ninja bikes in the Indian market that sported a tag of over Rs. 2 lakh, the company has recently said that it is targeting close to Rs. 1 lakh tag for the KTM bikes that will be launched in the Indian market next year.

It may be noted here that both the parties i. e. Bajaj & KTM have been working on the development of these products for the past 24 months and the products will be launched in the European market by the end of this year that will soon be followed by the India launch that will take place in the first half of the next year.

After the Indian viewer has had enough of cricket with the controversial IPL followed by T20 world cup, the advertisers are running hard to get their share of the upcoming FIFA world cup.

While the event will be telecasted by ESPN Star Sports, the official broadcaster of the world's most popular and widest televised sporting event, the channel claims that it has already sold almost 90% of the available inventory to various companies, namely Vodafone, Aortal DTH, Nokia, Samsung and Hero Honda.

The sister concern of the tech arm of the M&M Group Tech Mahindra, Mahindra Satyam has recently bagged contract from the UK-based GlaxoSmithKline (GSK) for another five years. Under the terms of the contract, the Regional Service Center (RSC) of Mahindra Satyam's BPO unit will be providing services like the creative logo, production and promotional graphic artwork services to the customer base of GSK across the globe.

It's been close to two years that FIAT made its India foray with the launch of the FIAT 500, but the product has just managed to sell 65 units in the Indian market.

The fact that FIAT has been lagging behind as far as its sales for 500 is concerned testifies the fact that Indian consumer can afford to buy expensive cars and which explains the successful run luxury car makers like BMW, Audi and Mercedes Benz have been selling in India and runs more after the image.

Real Estate major, DLF has announced its fourth quarter financial results for the fiscal year 2009-10 and has managed to register an impressive net profit. The company has posted a consolidated net profit of Rs 426.4 crore for the quarter that ended in 31st March, 2010.

It was reported to be Rs 158 crore for the fourth quarter last year. This net profit figure has grown up by two-fold this quarter as compared to the same quarter in the preceding year.

US president Mr. Barack Obama is interested to pursue a fresh UN sanctions against Iran's nuclear deal despite of its deals with Brazil and Turkey. Mr. Obama has had a discussion with Recep Tayyip, the Turkish Prime Minister over phone and has said that the nuclear deal moves of Iran are not reliable at this point of time.

Both the Brazil and Turkey have informed earlier to the UN Security Council to pay attention towards the nuclear deal they were dealing with Iran. This deal was made to convert the trade uranium of Iran to enriched reactor fuel.