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Article: INDIAN NEWSPAPER HIGHLIGHTS - NOV 11, 2009.
- Article from:
- AsiaPulse News
- Article date:
- November 11, 2009
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MUMBAI, Nov 11 Asia Pulse - Highlights from today's newspapers:
THE ECONOMIC TIMES:
- To take on Tata Nano, Renault/Nissan alliance on Tuesday finalised a deal with Bajaj Auto (BSE:532977) to produce an ultra-low cost car by 2012, though denying 'hamara Bajaj' a place in the badging of the car. Renault/Nissan boss Carlos Ghosn, who was in city for the India Economic Summit, said he had worked out the broad contours of a highly fuel-efficient ultra low-cost (ULC) car project with Bajaj MD Rajiv Bajaj that would be out by 2012 (delayed by one year), though refusing to confirm whether the companies had signed a formal joint venture detailing concrete ...