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PIAGGIO VESPA 946 SCOOTER TO MAKE INDIAN DEBUT IN JUNE 2014

APRIL 2014- Piaggio Vehicles, the wholly-owned Indian subsidiary of Italian two-wheeler company Piaggio, is taking luxury to a new level. The Pune-based company is ready to launch India's most expensive scooter before June this year. The scooter, which will be sold under the Vespa brand, is expected to carry a price tag of Rs 8 to 9 lakh. Branded as the Vespa 946, this automatic scooter will be so exclusive that Piaggio does not even intend to build it here. The vehicle will be shipped from Europe and brought to India as a completely built unit to be sold in limited numbers.



ITALY'S MGM STONE TO OPEN ITS SHOWROOM IN MUMBAI

MARCH 2014- MGM Stone, a brand name of GUARDA MARBLES & STONES Srl., based in Nuvolera(BS) Italy is opening its exclusive, luxurious Marble products showroom at 11, Raghuvanshi Mills Compound, Lower Parel , Mumbai on the 28th March 2014. The store offers luxury exclusive products named “ COLLEZIONI “, consisting of items such as inlaid backlit white onyx panels, freestanding basin and marble countertop basin in stunning forms and shapes, with the option to customize further with any provided design . The showroom is a Design Concept Area where the clients can see the beauty of stone as applied in real settings.



INDIA ADDS ITALY'S ENI TO LIST OF FOREIGN FIRMS THAT CAN SELL CRUDE OIL

JAN 2014- India has added Italy's ENI to a list of foreign firms that can sell crude oil at official prices to state refiners, sources said, in the first such revision to the list since 2001. The move comes as India expands its sources for oil to meet soaring energy demand. The country's procurement choices are widening as a shale boom in the United States has led to suppliers scrambling to tap alternative Asian markets such as China and India. A government committee in May 2013 called for revising the list of companies that can sell oil to state refiners in view of the changing market scenario and due to mergers and acquisitions.