Volkswagen ups prices up to Rs 20,000 from Jan

: Volkswagen India has announced an upward revision of prices for its cars effective January which will increase price tags up to Rs 20,000.
Steffen Knapp, director, Volkswagen Passenger Cars India attributed the price increase to several external economic factors as well as fluctuations in the global commodity prices coupled with local input cost and also in line with industry.
With the recent launches of Tiguan and Passat, Volkswagen now has a diverse portfolio of products in every segment for the Indian consumer.
************** Maha plans to set up horse museum at Nandurbar
The Maharashtra Tourism Development Corporation is planning to develop a horse museum at Sarangkheda tribal area of the Nandurbar district in over the next 18 months.

The main objective of setting up this museum is to attract tourists and generate employment opportunities for the local communities, MTDC said in a release issued here.

Sarangkheda has been an attraction of horse trading for over 300 years and people from all works of life from warriors to traders, the Nizams to farmers, the Marathas to the Mughals.
"We are looking at building a strong tourism prospects such as the horse museum to attract huge numbers of travelers all across the globe. I am certain that the museum will educate travellers about horses. Through this initiation, we are also expecting to generate job opportunities," state tourism minister Jaykumar Rawal said. ******************* America's UA brands sets up center in Pune

UA Brands, a leading American manufacturer of uniforms for the healthcare and hospitality sector, has started an all new technology driven operations center in Pune. It will operate as UA Brands International, which will be wholly-owned subsidiary of UA Brands Inc.
The Pune center will build capabilities for software development, design and creative, business intelligence, digital marketing solutions and business process management/operations for its Florida-based parent. *************** Amway Queen cookware crosses Rs 100-cr sales
Direct selling firm Amway India has said its Amway Queen, the premium cookware range has crossed the Rs 100-crore sales mark within 10 months of its launch.

"Based on the consumer feedback, we will be introducing new utensils in the coming year that reflect the unique cooking experience with Amway Queen. Our target is to achieve a leadership position within the premium cookware segment in the next one year," Amway India chief marketing officer Sundip Shah said.
Over the last few years, widening of the product basket has been one of the key strategic areas for Amway India to spur growth in the country, besides infrastructure upgrade, increased consumer access strategy, experiential marketing and brand awareness. The cookware range was developed considering the Indian food habits, culinary palate and cooking practices, he said.

Other Amway products that are in the Rs 100-crore club are Nutrilite Protein Powder, Nutrilite Daily multivitamin tablets, Glister toothpaste & SA8 liquid laundry detergent. ICICI Lombard offers cover for solar panels
ICICI Lombard General Insurance has launched an insurance policy that covers solar park owners by supporting project finance.
The product will be distributed through the company's branches and affiliated agencies.
"The viability of solar power projects depends on the performance of solar modules. Also the risks associated with this industry are different from the conventional power generation sources," the company said in a statement.
************** Unichem sells domestic formulations biz to Torrent

Pharma firm Unichem Laboratories has completed the sale and transfer of its domestic formulations business in India and Nepal, by way of a slump sale to Torrent Pharma.
Last month, Torrent announced that it would acquire branded business of Unichem's for Rs 3,600 crore in one of the major consolidations in the domestic pharma sector.
This is its fifth acquisition in the country in the last four years after acquiring selected brands of Elder and Novartis, catapulting Torrent to the list of top pharma firms.
Unichem is an integrated, specialty pharmaceutical company engaged in the manufacture and marketing of large basket of pharmaceutical formulations as branded generics as well as generics in several markets across the world. It has strong skills in product development, process chemistry and manufacturing of complex API as well as dosage forms.