New Delhi, March 7 (IANS) India’s automobile industry could increase import of components by as much as 42 percent by 2013-14, based on current consumption levels. Imports could grow faster, once free trade agreements (FTA) with a host of countries come into effect, says an industry body.
According to a study by the Federation of Indian [...]
Ahmedabad, Feb 23 (IANS) The Rs.6,000 crore-Neesa group is set for a major thrust in the hospitality and leisure industry with three upcoming projects in Haryana, Gujarat and Rajasthan.
The group company Neesa Leisure Ltd (NLL) would increase its total inventory to over 1,000 rooms with the commissioning of new properties in Neemrana (Haryana), Dahej (Gujarat) [...]
New Delhi, Feb 23 (IANS) It seems to be a season of recalls for the automobile industry with Maruti Suzuki now deciding to call back some 100,000 ‘A-Star’ cars from the Indian market for a faulty fuel pump.
“In November 2009, we came across an anomaly reported in the fuel tank in some of the vehicles [...]
New Delhi, Feb 23 (IANS) A benchmark index of Indian equities ended Tuesday tamely, rising a modest 60 points higher from its previous close.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,213.14 points, closed at 16,297.18 points, up 60.13 points or 0.37 percent from its previous close.
At the National [...]
Kolkata, Feb 23 (IANS) Around 7,500 employees of the United Bank of India (UBI) Tuesday struck work to protest the initial public offer (IPO) of the bank.
The public sector bank is divesting 15.8 percent of its stake.
“Till now the strike is very successful. Around 1,100-1,200 branches of the bank across the country were completely shut [...]
New Delhi, Feb 23 (IANS) Global IT major HP Tuesday unveiled technology solutions for the retail sector and small and medium businesses, designed to cut costs and enhance customer experience.
The retail technologies launched here include touch-enabled personal computers, point-of-sale systems, and LCD digital signages with an interactive display.
“In-store technology solutions have the potential to transform [...]
Mumbai, Feb 23 (IANS) A benchmark index of Indian equities started trade on a weak note Tuesday, with selling pressure across all markets.
At 9.15 a.m., the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,213.14 points, was at 16,221.27 points, down 15.78 points or 0.1 percent from its previous close.
At [...]
Mumbai, Feb 22 (IANS) The scrip of sugar refining major Shree Renuka Sugars Ltd (SRSL) rose more than 3.94 percent at the Bombay Stock Exchange during morning trade Monday, after the company said it was acquiring majority stake in a large Brazilian sugar and ethanol firm.
The SRSL stock rose more than 3.94 percent to Rs.187 [...]
Shimla, Feb 21 (IANS) The residents of Himachal Pradesh got a respite from cold conditions as the mercury rose across the state Sunday.
“Almost the entire hill state has been witnessing bright sunny days for the past one week resulting in rise in temperature,” Manmohan Singh, director of the Met office here, said.
He said the cold [...]
By Arvind Padmanabhan
New Delhi, Feb 21 (IANS) Having opened the purse strings to weather the ills of global slowdown the past two years, Finance Minister Pranab Mukherjee appears set to re-start the process of fiscal consolidation in the national budget for 2010-11 to be presented Friday with the twin objective of pushing inclusive growth and [...]
