GS WEBZONE: “Mahindra launches Genio” plus 2 more

Friday, January 28, 2011

Posted: 28 Jan 2011 02:36 AM PST

Automobile manufacturer Mahindra, has launched a utility truck Genio for the Indian market. The truck weighs 1.2 tones and costs Rs. 4. 99 lakhs.

According to the company president, more models in the Genio series will be released this year. The engine and features of the truck are very much similar to a normal car. "In keeping with our endeavor of offering first of its kind world class products, we have launched the Genio today. It is also a result of extensive consumer insight which captured the latent and expressed needs of the customer. The Genio is an ideal vehicle for businessmen, traders and SMEs. I am confident that it would be nothing less than a Game Changer for the pickup segment in times to come," Dr. Pawan Goenka, President, Mahindra and Mahindra said.

Genio has been designed exclusively by Mahindra and so far Rs. 220 to 225 crores, have been spent in its designing and manufacturing. Mahindra has hopes with Genio to pick up the market.

Genio will be available in four colors, marvel granite, diamond white, silver shine and skyline blue. The truck will be marketed with 70 dealers across the country from February.

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Omesh Sethi resigns from Ranbaxy as CFO

Posted: 27 Jan 2011 11:26 PM PST

The President and Chief Financial officer of India's biggest pharmaceutical company, Ranbaxy, Omesh Sethi has resigned from his post. Sethi's resignation took effect from 25th January 2011 onwards.

The reason for Sethi's resignation from the company is yet to be known. As soon as the resignation took effect, Ranbaxy Laboratories told the news to the Bombay stock exchange.

And as soon as the news spread, the stocks of the company fell at the market. The new CFO of Ranbaxy Laboratories will be declared soon.

In the year 2010, the Managing Director and Chief Executive officer of the company had also quit his post due to unknown reasons. Ranbaxy Laboratories was incorporated in the year 1961 and became a public company in 1973. In 2008, a Japanese pharmaceutical company Daiichi Sankyo, was powered with majority of its control. Ranbaxy was named after the first owners of the company, Ranbir and Gurbax, so it was named Ranbaxy.

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Kajol honored with Padma Shri

Posted: 27 Jan 2011 06:10 AM PST

Bollywood actress Kajol, after her tremendous contributions to the world of cinema has been awarded with Padma Shri this year. The actress has been successful in spreading her magic on the silver screens with her acting skills.

Kajol is reportedly happy about her latest achievement and has also brought happiness in to her family. From Baazigar to My Name is Khan, she has managed to spread her charm in every role that she has played.

Kajol is married to actor Ajay Devgn and has two children. Her bubbly touch to all her roles has made her the favorite of the masses and has also received recognition in abroad also. Apart from acting She is also involved with an NGO named Shiksha.

Kajol in the year 2008 had received Karamveer Puraskar award, which recognizes people involved in social issues. Her latest achievement has made the country even more proud of her and wishes her many more such achievements in future.