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SMEV seeks stringent norms for low speed electric 2 wheelers
In a bid to remove "fly-by-night" players who import electric two wheelers unlike the domestic ones, members of the Society of Manufacturers of Electric Vehicles (SMEV) are seeking stringent norms to be levied for low speed two wheeler electric vehicles from Automotive Research Association of India (ARAI).

Global biz leaders look for relaxed immigration norms
Global business leaders are hoping for relaxed immigration regulations to help bring in more skilled foreign workers, who want to capitalise on the opportunities provided by a rebounding economy, says a survey.

News of the day

Fannie Mae, Freddie Mac may help mortgage banks
Mortgage entities Fannie Mae and Freddie Mac are planning to introduce a programme aimed at helping independent mortgage banks to make home loans, says a media report.
Small Business

Acer eyeing 10% market in smartphone category

Having provided mobile internet solutions to 20 million customers worldwide, world’s third largest PC vendor, Acer, is targeting 6-7 per cent market share worldwide in the smartphone category. - Now, Acer to launch smartphones in India - Acer targets Rs 130 crore turnover in Eastern region in 2009-10 Richard Tan, country head, Acer Smart Handheld Business Group, India, said by providing innovations, Acer Smartphone was looking to capture around 10 per cent market share in smartphone category in India. Acer, which has launched five Smartphone products in India plans to introduce five more products within next couple of months.


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