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Parle Agro reworks logistics to boost sales
Parle Agro, the Rs 950 crore FMCG company with brands like Bailley and Frooti, is aiming at a turnover of Rs 3,500 crore by 2011, led by more manufacturing units closer to the market to cut down on transportation costs, as well as launch of new products and marketing thrust for its beverages and confectionary brands.
Business Standard

Comcast, Sony to open joint retail store
Despite the poor economy, Comcast Corp. and Sony Corp. plan to open a retail store Tuesday. The cable TV operator and the electronics company will use the store to showcase new technologies and products, taking a page from Apple Inc., as Microsoft Corp. might...
SF Gate

AIG to Pay Millions in Bonuses
AIG will pay $450 million in bonuses to employees in its financial products unit -- the division at the heart of the firm's collapse last fall.
Wall Street Journal

AIG to pay $450 mln bonuses to financial-products staff
American International Group is set to pay $450 million of bonuses to employees of the unit that was largely responsible for the New York insurer's collapse last fall, reports say.
Market Watch

SXSW - Cannybill Web Invoicing and Billing Service
In the SXSW expo hall, there's an area dedicated to UK startups. I was able to grab a quick interview with CannyBill. Here's their company overview, "CannyBill is a web based invoicing and billing solution for businesses and web designers. Easily create, send and manage invoices and accept payments online via credit card. You can also sell your products and services using order forms."Check out the video below - we talk about what the company does and how it compares to other invoicing services like Freshbooks.Check out our awesome SXSW coverage!CN Sponsors:-- CloudContacts - get your business cards scanned and connect socially!
CenterNetworks

New Whitepaper Provides Roadmap for Reducing Electrical Risks
'The shrouded mystery of electricity compels many safety managers to depend upon plant electrical maintenance or engineering departments to manage their electrical safety program,' writes Phil Allen, president and owner of Grace Engineered Products.
OHS Online

AIG to pay $450 mln bonuses to financial-products staff: Journal
American International Group is set to pay $450 million of bonuses to employees of the unit that was largely responsible for the New York insurer's collapse last fall, The Wall Street Journal reported.
Market Watch

Fuels-from-the-Forest Innovator Chemrec Opens U.S. Office
The company transforms a pulp and paper milling waste product called black liquor into ultra-clean alternative motor fuels methanol and dimethyl ether or DME.
IndustryWeek

Consumers trading down, though basic goods still buoyant in the Gulf
UAE. The regional FMCG market has not been as affected by the economic crisis as other industries, although there is a consumer trend towards more economical products, says FINE, the market leader in the Middle East's hygienic paper industry.
Business Intelligence Middle East

Sustainable Cell Phones?
At the recent Greener Gadgets conference in New York City, serial entrepreneur Saul Griffith laid out a vision for the consumer-electronic industry that calls for companies to build gadgets that can last for as long as 25 years. Here's a video excerpt of his presentation. The Goods: Product Reviews, Gadgets, and Gear Special Report: Green Business
INC.com

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