Friday, October 1, 2010

SC stays closure of Sterlite plant

SC stays closure of Sterlite plant

SC stays closure of Sterlite plant

Posted: 01 Oct 2010 04:56 PM PDT

The Supreme Court on Friday stayed the Madras High Court judgment ordering the immediate closure of Sterlite Industries' copper smelter in Tuticorin.

Exports up 22% in Aug at $16.6bn

Posted: 01 Oct 2010 05:01 PM PDT

India's merchandise shipments grew 22.5% to $16.64 billion in August compared to the same period last fiscal, raising hopes that the figure may touch $210 billion this fiscal.

Tata Motors plans $525m share sale

Posted: 01 Oct 2010 05:02 PM PDT

Tata Motors is likely to launch a $525-million share sale to institutional investors on Friday, two sources with direct knowledge said.

HP names ex-SAP head Apotheker its CEO

Posted: 01 Oct 2010 04:57 PM PDT

Leo Apotheker, Hewlett-Packard's new CEO, brings two decades of software expertise that may help the world's top maker of computers better mesh applications into a growing hardware arsenal.

BMW recalls 350,800 cars due to brake problems

Posted: 01 Oct 2010 03:13 AM PDT

German luxury automaker BMW said Friday it was recalling 350,800 BMW and Rolls-Royce vehicles worldwide owing to brake problems that a spokesman stressed were "without danger."

Maruti reports highest ever monthly sales in Sept

Posted: 30 Sep 2010 10:11 PM PDT

The country's largest car-maker, Maruti Suzuki India, today reported its highest-ever monthly sales of 1,08,006 units in September, translating into a 29.65 per cent increase vis-a-vis the year-ago period.

Respond to CBI bail cancellation plea: SC asks Raju

Posted: 30 Sep 2010 11:56 PM PDT

The Supreme Court on Friday sought a response from Satyam Computer's disgraced founder, B Ramalinga Raju, on the CBI's plea for cancellation of his bail in the multi-crore rupee accounting scam.

Sensex surges by 376 points

Posted: 01 Oct 2010 06:54 AM PDT

Sustained foreign capital inflows drove the BSE benchmark Sensex up by 376 points to a fresh 32-month high today, with metal and realty stocks benefiting the most from upbeat economic growth expectations.

India's August exports up 22.5% at $16.64bn

Posted: 01 Oct 2010 02:50 AM PDT

Exports grew by 22.5 per cent in August to $16.64 billion year-on-year on improved global demand for Indian merchandise, raising hopes that the $200 billion target for the fiscal will be easily achieved.

Stopped selling refined petroleum to Iran: RIL to US

Posted: 30 Sep 2010 10:05 PM PDT

Mukesh Ambani-led Reliance Industries has informed the United States that it has stopped selling refined petroleum products to Iran, the US state department said on Thursday.

Rupee extends gains, up 29 paise against dollar

Posted: 30 Sep 2010 11:02 PM PDT

The rupee extended gains against the US dollar to 29 paise in early trade on the Interbank Foreign Exchange today amid a rally in domestic equities.

Mukesh Ambani to pen RIL story

Posted: 30 Sep 2010 05:37 PM PDT

He is known as a man of few words as much as for his execution skills of mammoth projects, but industrialist Mukesh Ambani will now put his thoughts and business philosophy into words in a new avatar as a writer.

Chitale is CEO of HCL Infosystems

Posted: 01 Oct 2010 05:03 PM PDT

HCL Infosystems on Friday said it has appointed Harsh Chitale as its CEO. Based in Noida, Chitale will take over from Ajai Chowdhry, who will continue to be the chairman.

HP names ex-SAP head Apotheker its CEO

Posted: 01 Oct 2010 04:57 PM PDT

Leo Apotheker, Hewlett-Packard's new CEO, brings two decades of software expertise that may help the world's top maker of computers better mesh applications into a growing hardware arsenal.
Posted by Harshad at 9:29 PM

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