Garnered: Over 2.03 lakh bookings by Tata Nano, deliveries of which will begin in July. At Rs 95,000 per car booked for the base model, plus the 6.1 lakh booking forms sold at Rs 300 each, Tata Motors has garnered around Rs 2,500 crore from the launch exercise.
Launched: New Pension Plan (NPS) for all citizens over 18 years of age. The scheme allows individuals to invest up to 50 per cent of their subscription in equities with a minimum annual contribution of Rs 6,000.
Nominated: Vikram Pandit, India-born chief of Citigroup, among the 20 worst CEOs in American history. The list of “Worst CEOs” is topped by Lehman Brothers’ Dick Fuld. The list of “America’s 20 worst ever CEOs” has been compiled by Conde Nast Portfolio.
