Wednesday, August 4, 2010

Maruti rolls out new 1000cc Alto

Maruti rolls out new 1000cc Alto


Maruti rolls out new 1000cc Alto

Posted: 04 Aug 2010 12:52 PM PDT

Maruti Suzuki on Wednesday drove in a new, powerful version of its Alto model, priced between Rs 3.03 and Rs 3.16 lakh (ex-showroom Delhi).

Mittal wants PM's help on Bhatinda unit

Posted: 04 Aug 2010 12:39 PM PDT

Steel tycoon Lakshmi N Mittal has sought PM Manmohan Singh's intervention to persuade the Punjab government to grant fiscal incentives for a refinery being built at Bhatinda by HPCL-Mittal Energy Ltd, a JV between his Luxembourg-based holding firm and state-run HPCL, at an investment of about $4 billion.

Govt warns to block BlackBerry messenger

Posted: 04 Aug 2010 12:33 PM PDT

The government on Wednesday warned that if the Canadian company does not come out with some 'technical solution', the users will have to face blocking of their 'BlackBerry-to-BlackBerry messenger' service.

EU prefers iPhone, HTC over BlackBerry

Posted: 04 Aug 2010 12:58 PM PDT

The European Union Commission rejected Research in Motion's BlackBerry in favour of Apple's iPhone and HTC smartphones, a spokesman said, amid a spreading row about BlackBerry security.

Saudi Arabia stops BlackBerry services

Posted: 03 Aug 2010 10:55 PM PDT

Saudi Arabia's telecommunication regulator said on Tuesday that it has ordered a suspension of BlackBerry services starting Friday as the manufacturer of the devices has failed to meet its demands.

Tata Group starts quest for Ratan's successor

Posted: 04 Aug 2010 09:13 AM PDT

India's giant tea-to-steel Tata conglomerate has named a five-member panel to hunt for a successor to group chairman Ratan Tata when he retires in late 2012, an announcement said on Wednesday.

Delhi gets new industrial policy

Posted: 04 Aug 2010 08:28 AM PDT

Seeking to make Delhi a global hub for clean, high technology industries and services sector, CM Sheila Dikshit on Wednesday unveiled a new industrial policy for the city -- the first such comprehensive document after a gap of 28 years.

Mumbai's 18-acre plot goes for Rs 875 crore

Posted: 03 Aug 2010 01:25 PM PDT

An 18-acre industrial plot belonging to Borosil Glass Works in Marol, Andheri (East), is believed to have been sold to Ashwin Sheth of Sheth Developers for around Rs 875 crore.

Tough telecom rules spark foreign backlash

Posted: 03 Aug 2010 01:31 PM PDT

Telecom companies and trade groups are urging India to soften tough new security regulations on foreign telecommunications companies - believed to be aimed at China - which they say could set a troubling global precedent for onerous security norms.

Rupee rallies to 1-month high

Posted: 03 Aug 2010 01:12 PM PDT

Boosted by unhindered flow of foreign funds into the stock market, the rupee rallied to an over one-month high of 46.11 against the US dollar on Tuesday but ended slightly off that high, at 46.17.

Maruti hit by long waiting periods

Posted: 04 Aug 2010 12:54 PM PDT

At a time when it is battling steep competition, Maruti Suzuki is facing severe production constraints. The constraints are leading to long waiting periods for some of its key models.

200,000 Android phones sold every day: Google CEO

Posted: 04 Aug 2010 05:18 PM PDT

About 200,000 smartphones based on Google's Android operating system are sold every day, CEO Eric Schmidt said on Wednesday, underscoring the strong challenge to rivals like Apple's iPhone.

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