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Tata Motors, Fiat in joint drive — Marketing tie-up is first step towards deeper relationship
"This is not a joint venture, but this is the start of a relationship which could go beyond even a joint venture," Mr Ratan Tata said.
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Fiat unveils Grande Punto, concept car Alfa Romeo
FIAT unveiled the Grande Punto and the Alfa Romeo 8c Competizione at the Auto Expo on the same platform where Tata Motors' new cars were showcased. The Grande Punto launched in September 2005 worldwide, was a success in the European markets ...
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Chidambaram promises action against YES Bank, IDFC IPO scam culprits
"We have identified the culprits who perpetrated the scam in both the issues."
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Bajaj Auto Q3 net up 53 pc on higher sales
BAJAJ Auto Ltd has reported a turnover of Rs 2,100 crore for the quarter ended December 2005 compared with Rs 1,605.67 crore posted in Q3 of 2004-05, an increase by 25 per cent over the corresponding period last year. The third quarter gross ...
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Forex reserves rise by over $2 b
FOREIGN exchange reserves surged over $2 billion during the week-ended January 6, due to currency revaluation and FII inflows. This is after a sharp decline of over $6 billion due to India Millennium Deposits redemption, in the earlier ...
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RBI seeks details from banks involved in IPO irregularities
THE Reserve Bank of India has asked for explanations from all banks involved in IPO irregularities and will take action on the basis of their responses. In a press release issued on Friday, the RBI said it has taken up detailed investigation ...
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Economists for retaining FBT, phasing out tax sops for software
ECONOMISTS today urged the Finance Minister, Mr P. Chidambaram, to carry forward fiscal consolidation at both the Central and State levels and suggested that exemptions under the indirect tax regime be done away with to improve revenue ...
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Stable fuel prices contain inflation
THE annual wholesale price index-based inflation rose 4.4 per cent for the week ended December 31. Cheaper manufactured products and stable fuel prices contained the year-on-year inflation at the previous week's of4.4 per cent, according to data ...
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ISRO gets into chip manufacturing — Semiconductor Complex to be centre of non-space research
CHIP folk SemInd and Intel have roused Indian semiconductor dreams, but no one knows when they would be walking their fab talk. Meanwhile this surprise Indian entry into their space says it, too, is taking this business very seriously. Coming ...
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Small telecom operators cry foul
TRAI may review order on differential tariffs
THE Telecom Regulatory Authority of India (TRAI) today issued a consultation paper on the issue of differential tariff being offered by various mobile operators. The move was taken after smaller stand-alone operators approached the telecom ...
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Accel Frontline plans Rs 100-crore IPO
ACCEL Frontline Ltd, a joint venture between Chennai-based Accel Ltd and the $200 million Singapore-based Frontline Technologies Corporation, plans to raise Rs 100 crore through an IPO (initial public offering), according to Mr N.R. Panicker, ...
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Cold wave lifts in North; easterly wave triggers `low'
THE impending cross-in of a fresh western disturbance has helped lift cold wave conditions completely from the north and northwest India while an easterly wave has set up a low-pressure area in the Indian Ocean waters south of the peninsular tip. ...
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