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OUTLOOK: GM assured of smooth India drive with Daewoo
Korean carmaker’s product line-up key to growth. Mumbai, Nov 23 General Motors could be facing the possibility of closure in North America, but is better off in India and the Asia-Pacific region. This is thanks to GM Daewoo Auto & ...

ALLIANCES & JOINT VENTURES: Cummins to sell rental biz to Aggreko arm
Pune, Nov. 23 Cummins India Ltd, manufacturer of diesel and natural gas engines for power generation, industrial and automotive markets, has entered into an agreement to sell its rental business to the Indian subsidiary of Aggreko Plc for Rs ...

BUSINESS MODELS: ‘Cos need to redefine biz model to retain competitiveness’
New Delhi, Nov. 23 India cannot remain insulated from the pinch of the global slowdown and companies must formulate a blue print for pro-active collaboration between the industry and the government for transforming the economy, ...

OUTLOOK: Ruia group cuts costs to get through slowdown
Salary cuts, voluntary retirement scheme in place. Kolkata, Nov. 23 Having decided to temporarily suspend production at its Sahagunj facility in West Bengal from November 17 and pay a subsistence allowance of Rs 2,000 a month to its 1,202 ...

MODERNISATION: New initiative
...

OUTLOOK: AP Govt urged to rescue Vizag Steel Plant
Visakhapatnam, Nov. 23 The Andhra Pradesh Government should rescue the Visakhapatnam Steel Plant by buying up the steel products piled up with the plant for irrigation projects and other projects taken up by the Government of late, according ...





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Markets (Nov 22)
Nifty (as on Nov 21)2693.45(+140.30)
US Dollar (Buy/Sell)50.02/03
Brent crude (a bbl) Rs2,373
Gold (a gram) Rs1,186
Silver (a kg) Rs17,220

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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
Bonds rally on receding inflation, rise in bank deposits

Farm sector likely to grow at 4%, says Pawar

Ruia group cuts costs to get through slowdown

Slowdown: Customs agents feel the pinch

core i7: Intel to target colleges in India

Sharp dip in market arrivals of cotton, soyabean

Zinc prices may continue to decline

Looking back
Nov. 16-Nov. 22
GMR puts Hyderabad airport expansion plans on hold

Hyundai to consider output cut despite 28% growth




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