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Business News on December 14, 2010


BPCL hikes petrol price by Rs. 2.95 per litre
Following a spike in international crude oil prices, state-owned Bharat Petroleum Corporation Ltd (BPCL) has announced a hike in petrol prices by Rs. 2.95 per litre, which will come into effect from Tuesday night. ANI

India's leading organic companies launch trade body
The Indian organic trade industry has called for scrapping of certain trade restrictions to help the country achieve exports of a billion dollars in the category in the next four years. ANI

MHI Completes Delivery of Two Replacement Reactor Vessel Heads for Southern California Edison's SONGS Units 2 and 3
Mitsubishi Heavy Industries, Ltd. (MHI) has completed delivery of two replacement reactor vessel heads (RRVHs) for Units 2 and 3 at the San Onofre Nuclear Generating Station (SONGS) of Southern California Edison (SCE), one of the largest U.S. electric utilities. The two RRVHs will replace original components in order to enable continued operation and enhance plant efficiency ACN Newswire

Shanghai Spring Real Estate Exhibition Holds Elite Property Summit and Exhibitor Gala
Shanghai's leading platform for property exchange the Shanghai Spring Real Estate Exchange Exhibition, in conjunction with the Oriental Morning Post, held the much anticipated Shanghai Spring Property Summit and Exhibitor Appreciation Gala at the JiuJian Tang Villa in Pudong on Dec 8 ACN Newswire

MOS Food Services Launches New 'Grilled Chicken' Simultaneously in Japan and Asia - Limited Release Product
MOS Food Services, the company that operates MOS Burger, will introduce the same limited-release concept product at all its 1,596 stores (as of Nov 2010 / some stores may not sell this product) in Japan and throughout Asia, and conduct a sales promotion using the same commercials and store POP displays from Sunday, December 26, 2010, to Monday, February 7, 2011 ACN Newswire

Nissan and Mitsubishi Motors to Expand Scope of Cooperation
Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation today announced that the two companies agreed to expand their current scope of cooperation towards new projects that will further strengthen mutual competitiveness, especially in the Japanese mini car and global commercial vehicle businesses ACN Newswire

Thomson Reuters Adds Reuters Fundamentals to its Award-Winning Transfer Pricing Software
The Tax & Accounting business of Thomson Reuters has added powerful new tools to its award-winning Documenter software, a key component to its comprehensive ONESOURCE Transfer Pricing offering ACN Newswire

Appointment of Professor Ei-ichi Negishi, Winner of the Nobel Prize in Chemistry as Executive Research Advisor to Sony in the field of Organic Electronics
ACN Newswire

Virgin HealthMiles Client Protective Life Wins Prestigious Workforce Management Optimas Award for Employee Wellness Initiative
Virgin HealthMiles, a leading provider of technology-based employee health and productivity programs that reward individuals for getting healthy, today announced its client, Protective Life Corporation ("Protective"), was the recipient of a 2010 Optimas Award from Workforce Management magazine MarketWire

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