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Sunita Narain: Waste deep in water
Sunita Narain / New Delhi November 06, 2009, 0:24 IST

100% returns = 100% trouble
Invest Rs 1 lakh in property or stocks and double it in six months’. Many would have received variants of this SMS in recent months.

News of the day

Big Bazaar: Private label push
Big Bazaar, the hypermarket of Pantaloon Retail, has come out with a breakfast cereal range under its private label, Tasty Treat. Big Bazaar already sells noodles, pasta, vermicelli, soups, namkeens, chips, toast, khari, papads, jams, pickles, carbonated drinks, ketchup and fruit beverages under the brand. It has now added breakfast cereals to the range.
Management

Ultra Motor launches two electric scooters

Two-wheeler maker Ultra Motor Company today launched two new electric scooters priced between Rs 28,300 and Rs 31,900 (ex-showroom, Delhi). Markets extend losses in noon trades While Ultra Shakti is designed for hilly terrains, Ultra Fun is easy to ride because of its height, size and weight and targetted at women among others, it added. "The launch of these two models is in continuation of our vision of creating a new transportation movement," UMC Chief Executive Officer K K Bhan said. UMC has a retail network of over 175 exclusive dealerships across 17 states and in over 130 cities in the country.


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