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General Motors is now cheaper than Maruti!
Chennai, Nov. 21 What are some of the world’s largest companies worth after this year’s carnage in the stock ...
Shortcovering boosts Sensex and Nifty
Mumbai, Nov. 21 The Sensex gained by 464 points or five per cent in the last hour of trading after a volatile session on Friday, as investors scrambled to cover their short positions, in expectation that the central bank might ease interest ...
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India has ‘capability and ability’ to sustain growth rate of 8%: PM
New Delhi, Nov. 21 The country has the “capability and ability” to sustain a growth rate of about 8 per cent and “will do so,” the Prime Minister, Dr Manmohan Singh, said here ...
‘Govt will protect industry from import surge’
New Delhi, Nov. 21 The Government may in the next few days come up with slew of administrative steps including the introduction of temporary licensing regime for import of select items as part of its efforts to protect the domestic industry ...
Banks prefer G-Secs, parking with RBI to corporate lending
Chennai, Nov. 21 After all the liquidity enhancement measures that have been announced over the past month, you would have thought money would be pouring out of every tap and corporates would be rolling in ...
Japanese companies keen on Indian nuclear market
New Delhi, Nov. 21 Despite the Japanese Government’s reluctance to commit on a nuclear pact with India, a high-level nuclear delegation from Japan, including representative from reactor majors Hitachi Ltd, Mitsubishi Heavy Industries ...
Philips acquires Meditronics; to shift R&D work
Expanding healthcare biz in emerging markets. New Delhi, Nov. 21 As a part of its strategy to consolidate its leadership in the healthcare space, Royal Philips Electronics has acquired Mumbai-based Meditronics, a manufacturer of general X-ray ...
Indian crude basket drops to $45.50/barrel
Petroleum Ministry rules out price cut. New Delhi, Nov. 21 Will the plunging global crude prices result in lowering of domestic fuel prices is the question attracting maximum attention now. The Indian crude basket hit a fresh low at $45.50 a ...
Fiat India rolls out first Linea from Ranjangaon
New car to help re-establish Fiat brand. Pune, Nov. 21 Fiat India Automobiles Ltd (FIAL) has commenced production of the Linea at the Tata Motors-Fiat facility at ...
Carmakers target small towns for growth
‘All-cash rural markets are shielded from credit crisis’. Mumbai, Nov. 21 Carmakers are looking beyond metros to boost sales at a time when the market is in the midst of an ...
Market yet to evolve for high-end health covers
Chennai, Nov. 21 With rising health care costs, are there takers for high-value health insurance ...
Rabi acreage up in all crops barring wheat
New Delhi, Nov. 21 With winter steadily setting in, farmers have already sown almost a third of the normal area ...
Google sees strong shift towards online ads
‘Advertisers now more cautious of spending’. Chennai, Nov. 21 Google India is seeing a very strong shift towards online advertising, and more so in the face of a slowdown, says Mr Parminder Singh, Business Head (Technology), Google ...
IMD sets up watch for ‘low’ over southeast Bay
Thiruvananthapuram, Nov. 21 India Meteorological Department (IMD) has joined the list of weather forecasters to set up a watch for a low-pressure area in the making over southeast Bay of ...
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