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Business News on January 12, 2011


Montek Ahluwalia not worried over decline in industrial production
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday said the country would end the current fiscal with targeted GDP growth of over 8.5 per cent, and added that the decline in industrial growth to 2.7 per cent in November is not a reason to worry. ANI

Onion traders call off strike after talks with Delhi Chief Minister
Onion traders in Delhi on Wednesday called off their strike after talks with Chief Minister Sheila Dikshit. ANI

Correct steps will be taken to push up factory output: Mukherjee
Union Finance Minister Pranab Mukherjee on Wednesday promised to take corrective steps to push up factory output. ANI

Committed customers don't like logo redesigns: Study
A new research has found that loyal customers who are strongly committed to a brand react more negatively toward logo redesigning, while more casual customers typically view the redesigns as a positive development. ANI

China Medical System Holdings Issues FY2010 Earnings Guidance
China Medical System Holdings Ltd. (HKSE:0867) expects to release its results for the year ended 31 December 2010 in early March 2011. As the leading provider of marketing, promotion and sales services for prescription drugs in China, CMS maintained its rapid growth in 2010. The unaudited sales for the year ended 31 December 2010 are expected to be approximately US$132 ACN Newswire

Lexus Launches 'CT 200h' in Japan
Lexus announces the launch in Japan today of the hybrid-only "CT 200h(1)", its first entry in the premium-compact segment.Paving the way for a new Lexus era, the CT 200h is a five-door hatchback combining the vitality of agile driving with advanced environmental performance and dynamic, sporty styling to create an experience that excites and motivates both drivers and passengers ACN Newswire

Overview of Honda Exhibition at Tokyo Auto Salon 2011
Honda Motor Co., Ltd. announced that it will present an exhibit at Tokyo Auto Salon 2011 with NAPAC(1), to be held from Friday, January 14, to Sunday, January 16, 2011, at Makuhari Messe in Chiba, Japan ACN Newswire

China Trends Further Expands CEM into Education Sector
China Trends Holdings Limited ("China Trends", 8171 ACN Newswire

Yum! China Selects Kenexa to Support Recruiting Initiatives
Kenexa (NASDAQ: KNXA), a global provider of business solutions for human resources, today announced that Yum! Brands Inc., China Division, a subsidiary of the NYSE listed Yum! Brands Inc., the largest restaurant group in China, has selected Kenexa 2x BrassRing™ and Kenexa's related consulting services. YUM! Brands, Inc MarketWire

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