Tuesday, November 1, 2011

Car sales remain weak during festive season

Car sales remain weak during festive season


Car sales remain weak during festive season

Posted: 01 Nov 2011 01:05 PM PDT

Festive season was lukewarm for car sales as demand in October remained mild, pointing out to slower months ahead for carmakers.


'Occupy Dalal Street' kicks off on Friday

Posted: 01 Nov 2011 01:05 PM PDT

The support for "Occupy Dalal Street", the Indian version of the 'Occupy Wall Street' movement that started in New York in September as a mark of protest against corporate greed.


Oil cos seek 2/litre hike in petrol price

Posted: 01 Nov 2011 01:04 PM PDT

Hindustan Petroleum on Tuesday gave vent to the demand of state-run oil marketing firms for a Rs 2 per litre increase in petrol price, a move unlikely to find immediate favour with the government in view of approaching Parliament session and high inflation rate.


Wipro to build leadership pool

Posted: 01 Nov 2011 01:04 PM PDT

With its employee base crossing 1.3 lakh and with big ambitions to expand globally, Wipro Technologies is taking major new initiatives to strengthen its leadership resource pool.


Ram Charan seeks greater Chindia role on world stage

Posted: 01 Nov 2011 12:59 PM PDT

He is often referred to as the CEO coach and has been a strategy consultant to top corporate honchos across the world.


Rupee slides to biggest fall in 2 weeks

Posted: 01 Nov 2011 06:19 AM PDT

The partially convertible rupee ended at 49.27/28 per dollar, 1.2 percent weaker from its previous close of 48.69/70 making this the biggest single day fall for the unit since Oct 20.


Sensex closes 215 points lower

Posted: 01 Nov 2011 03:49 AM PDT

A benchmark index for Indian equities markets Tuesday closed 215 points lower amid negative global cues.


Fuel retailers pushing for Rs 1.82/litre petrol hike

Posted: 01 Nov 2011 02:10 AM PDT

State-owned oil companies are pressing for a Rs 1.82 per litre increase in petrol prices because of rupee depreciation and hardening of crude oil prices.

Europe markets tank on Greek referendum pledge

Posted: 01 Nov 2011 02:02 AM PDT

George Papandreou shocked markets late Monday by announcing that a plebiscite will be held after a confidence vote in the government takes place at the end of this week.


Sensex falls 209 pts in afternoon trade

Posted: 01 Nov 2011 01:38 AM PDT

A benchmark index for Indian equities markets on Tuesday fell in afternoon trade to rule 209 points lower, joining other Asian bourses.


Maruti October sales plunge by 52.2%

Posted: 31 Oct 2011 11:09 PM PDT

Maruti Suzuki, India's largest car-maker on Tuesday reported a 52.2% fall in sales for the month of October. Maruti in which Japan's Suzuki has a majority stake sold 55,595 units in the month of October.


Govt mulls additional levies on cigarettes, diesel cars

Posted: 31 Oct 2011 10:02 PM PDT

Taxes on services could also be increased to help the cash-strapped government cope with lower-than-budgeted revenues in a slowing economy.

Sensex falls in early trade

Posted: 31 Oct 2011 09:28 PM PDT

A benchmark index for Indian equities markets Tuesday opened on a weak note and was ruling about 73 points lower, about 15 minutes after opening bell.


Rupee down as euro, shares weigh

Posted: 31 Oct 2011 09:07 PM PDT

The rupee was weaker in early morning trades on Tuesday as lower Asian shares and a weak euro weighed.


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