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Compete if you can
China/anti-trust: China’s campaign against market bullies has a long way to go. Some individual customers have taken on dominant companies under a new antitrust regime launched over a year ago. The targets have included big game such as telecoms operators China Mobile and China Netcom, petroleum group Sinopec, and technology giant Baidu. But the results of two early cases show consumer power hasn’t yet reached the Middle Kingdom. http://smallpersonalloans.org.uk

Renault to launch 2 models in India by mid-2011
French car maker giant Renault today said it will launch two models in India in 2011 that will be rolled out from the company"s upcoming Chennai plant.

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Reliance MF open to acquisitions if opportunity comes: CEO
Reliance Mutual Fund, the country"s largest fund house, today said it is open to acquisitions if some good opportunities come its way.
Business Opportunities

Amway eyeing Rs 1,400 cr revenue

Country’s largest direct selling FMCG company Amway India is eyeing revenues of Rs 1,400 crore in this fiscal, up from Rs 1,130 crore last year. - ITC hikes prices of two cigarette brands - Index closes below 17,000 - Bhupesh Bhandari: The reign of rural retail">Bhupesh Bhandari: The reign of rural retail - Dabur alleges US firm of infringing on its trademark - HUL launches Pureit Autofill water purifier - Godrej strengthens roots in villages with regional ads “We plan to become a Rs 2,500 crore company by 2012 and hope to round off this financial year ending December 2009 with revenues of Rs 1,400 crore,” Amway vice president (North) Bhuvan Kapur told Business Standard. Last year, the direct selling market in India was estimated at Rs 3,330 crore, which is likely to touch Rs 5,500 crore by 2012-13, according to an Ernst & Young study commissioned by Indian Direct Selling Association (IDSA).It is a founder member of IDSA, which has 15 major direct selling firms operating in the country. Amway, which commenced India operations in 1999, is currently selling 110 products in four categories, including nutrition and wellness, beauty, personal care and home. It is wholly owned subsidiary of US-based $6.3 billion direct selling FMCG major. Amway has a nation-wide presence with 130 distribution centres in metro and semi urban cities.


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