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Business News on December 1, 2010


Toyota launches Etios sedan in India, hatchback to follow in April 2011
Japanese carmaker Toyota launched its entry-level sedan Etios in India in an event held in Bangalore on Wednesday. ANI

Vodafone might take till 2020 to make Indian business turnaround
British mobile operator Vodafone's foray into India has been a disaster, so much so that insiders and experts have gone on record to say that it could take the firm until 2020 to make an economic profit. ANI

Constellation Brands Completes Accelerated Share Buyback Transaction
Constellation Brands, Inc. (NYSE: STZ), the world's leading wine company, today announced it has completed its $300 million accelerated stock buyback (ASB) transaction which was announced in April 2010.Under the transaction, the company paid $300million in April 2010 and received a total of 17.2 million shares. Of the total amount, 13 ACN Newswire

11th Hong Kong Forum Opens Today
Nearly 380 business leaders from 24 countries are taking part in the 11th Hong Kong Forum, which opened this morning at the Hong Kong Convention and Exhibition Centre and continues through 2 December.The two-day Forum is the annual flagship eventof the Federation of Hong Kong Business Associations Worldwide ACN Newswire

Showa Denko Maps Out New Business Plan 'PEGASUS' for 2011-2015 Period
Showa Denko K.K. (SDK) has prepared a new medium-term consolidated business plan named "PEGASUS" for the 2011-2015 period in which SDK will, as an "evolving chemical company with individualized products," aim to build up strong and diversified businesses on a global scale and establish leading positions on the market ACN Newswire

Toyota Launches For-India 'Etios' Compact Car
Toyota Motor Corporation (TMC) announces that Toyota Kirloskar Motor Private, Ltd. (TKM), TMC's production and sales subsidiary based here, today started taking orders through dealerships nationwide for the "Etios"(1), a compact car newly developed specifically for the Indian market ACN Newswire

Yamada-Denki Starts Trial Sales of Mitsubishi Motors Corporation's i-MiEV
Yamada-Denki Co., Ltd. (Yamada Denki) and Mitsubishi Motors Corporation (MMC) signed a Memorandum of Understanding (MoU) to start trial sales of the i-MiEV electric vehicle (EV) in Yamada Denki retail stores and sales(1) will begin from today at total of 17 stores, including Tokyo, Kanagawa and Saitama prefectures ACN Newswire

Sharp to Begin Mass Production of New Single Crystalline Solar Cells with High Conversion Efficiency at GREEN FRONT SAKAI
Sharp Corporation has developed a new single crystalline solar cell with high conversion efficiency. Sharp will begin mass producing this solar cell at an annual production capacity of 200 MW within fiscal year 2010 at its solar cell plant in GREEN FRONT SAKAI, located in Sakai City, Osaka Prefecture, Japan. The mass production will cover everything from solar cells to solar modules ACN Newswire

NEC Participates in LTE Field Trial with Telefonica Moviles Argentina S.A.
NEC Corporation (NEC; TSE: 6701) announced today its participation in an LTE (Long Term Evolution) field trial with Telefonica Moviles Argentina S.A., the largest mobile carrier in Argentina, and a subsidiary of mobile giant Telefonica.The trial is scheduled to be held between November and mid December in Buenos Aires, Argentina with the cooperation of Telefonica Moviles ACN Newswire

SBI Holdings Establishes the Japan Branch of China Mergers & Acquisitions Association 'China Japan M&A Club'
With the goal of information sharing and M&A vitalization between Sino-Japanese companies, SBI Holdings, Inc. (SBIH) and its venture capital arm, SBI Investment Co., Ltd ACN Newswire

'Journey Pro by NAVITIME' iPhone App Upgrade Includes Bus Routes and Postcode Search
NAVITIME JAPAN released the latest version 1.2 of the 'Journey Pro by NAVITIME' application for iPhone covering the UK, and is now available for free on the App Store. 676 bus lines covering the Greater London area are now included, and a new feature that allows public transport stations and stops to be searched from postcodes have also been released ACN Newswire

Largest-Ever OSEA Draws Record Participation from Global Oil and Gas Companies
OSEA2010, the biggest oil and gas event in the Asia Pacific region will feature 1,362 exhibitors from 47 countries and regions when it opens its doors from 30 November - 3 December 2010. The trade show will occupy a record 25,000 square metres of exhibition space at Suntec Singapore. It is 15 per cent bigger than the previous edition in 2008 and the largest in the event's 34-year history ACN Newswire

National Automation Services, Inc. Announces Settlement of Outstanding Debt
National Automation Services, Inc. ("NAS") (www.nasautomation.com) (OTCQB: NASV) (PINKSHEETS: NASV). MarketWire

WABCO Begins Supply of High Performance Vacuum Pumps for Diesel Engines in Passenger Cars at Volkswagen Group
WABCO Holdings Inc. (NYSE: WBC) (www.wabco-auto.com), a global technology leader and tier-one supplier to the commercial and automotive vehicle industry, today announced that the company has started to supply vacuum pumps for series production for two main diesel engine programs within the Volkswagen Group: the 1.6 liter diesel engine from Volkswagen and the new 3 MarketWire

Quality Production Limited (QPL) Announces ITAR Registration
MarketWire

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