Wednesday, August 31, 2011

New investments down 55%

New investments down 55%


New investments down 55%

Posted: 31 Aug 2011 08:44 PM PDT

High interest rates, decline in demand and policy uncertainty have taken a toll on new investments.


Ministry to seek Rs 6500cr for Air India

Posted: 31 Aug 2011 05:12 PM PDT

The government has finally launched an all-out effort to turn around the financially-crippled Air India.


Ministry to seek Rs 6500cr for Air India

Posted: 31 Aug 2011 05:12 PM PDT

The government has finally launched an all-out effort to turn around the financially-crippled Air India.


Tata readies plan to enter aviation biz

Posted: 31 Aug 2011 05:12 PM PDT

Ratan Tata may have given up plans to get into civil aviation but the chairman of the $72 billion Tata Group is putting pieces together to be a major player in the general aviation space.


Maruti workers agree to talk with conditions

Posted: 31 Aug 2011 05:11 PM PDT

The rebel workers body at Maruti's troubled Manesar plant said on Wednesday it is ready to talk to the company's management to end the impasse but with conditions, including withdrawal of the 'good conduct bond' that the automaker has asked workers to sign as well as revocation of suspension and terminations.


Production resumes, 60 Swift cars roll out

Posted: 31 Aug 2011 05:10 PM PDT

After zero production for two consecutive days on Monday and Tuesday, the Manesar plant of Maruti Suzuki started work with half the strength. It rolled out 60 new Swift cars on Wednesday.


LG re-enters notebook market of India

Posted: 31 Aug 2011 05:09 PM PDT

Korean consumer electronics and durables brand LG Electronics on Wednesday re-entered the Indian notebook market, nearly two-and-a-half years after it exited the segment.


'8% growth rate unlikely this fiscal'

Posted: 31 Aug 2011 07:27 AM PDT

Amid fears of slowdown, the Planning Commission on Wednesday said India may not achieve over 8 per cent economic growth in the current fiscal on account of likely fallout of global uncertainties on domestic economy.


35 Indian cos in Forbes Asia's list

Posted: 30 Aug 2011 11:27 PM PDT

Thirty-five Indian companies are ranked among the top 200 Asia-Pacific corporations in Forbes Asia's 'Best Under a Billion' list for this year.


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