Wednesday, October 3, 2012

Bajaj Discover pips Hero Splendor sales

Bajaj Discover pips Hero Splendor sales

Bajaj Discover pips Hero Splendor sales

Posted: 03 Oct 2012 07:35 AM PDT

Bajaj sold 1,22,968 units of the Discover, launched in 2004, including domestic and exports markets, as against 1,21,018 units of the Hero Splendor.

Audi India to exceed target in 2012

Posted: 03 Oct 2012 06:53 AM PDT

Audi India said it will exceed its target of selling 8,000 units this year, buoyed by 82 per cent jump in sales in September.

Rupee hits 5-month high

Posted: 03 Oct 2012 04:55 AM PDT

The rupee gained for a fourth consecutive session on Wednesday to touch a new five-month high as companies and custodian banks sold dollars, with dealers expecting more such sales in coming sessions.

Sensex closes 46 points up

Posted: 03 Oct 2012 04:19 AM PDT

Rising for the third straight day, the Sensex inched up by 46 points to close at 18,869.69 on buying in oil & gas, PSU and healthcare stocks amid a weak global trend.

Crocodile war: Family feud at clothing firm Lacoste

Posted: 03 Oct 2012 03:51 AM PDT

A family feud at the top of the Lacoste clothing company is pitting father against daughter in a battle for management of the green crocodile brand.

Gold loses Rs 50, silver gains Rs 500

Posted: 03 Oct 2012 03:02 AM PDT

A divergent trend was seen in the bullion market here on Wednesday as gold declined by Rs 50 to Rs 31,700 per 10 grams on subdued demand, while silver rose by Rs 500 to Rs 61,000 per kg on festive buying.

Govt must tackle subsidy issue: RBI

Posted: 03 Oct 2012 01:11 AM PDT

The government must tackle subsidies to restore fiscal discipline, Reserve Bank of India deputy governor Subir Gokarn said on Wednesday, highlighting tensions between the country's policymakers amid fears that it could suffer a credit rating downgrade.

New biography on Adi Godrej

Posted: 03 Oct 2012 12:25 AM PDT

Successfully spearheading one of India's oldest companies is no mean feat and now a new biography sketches out the dynamic and enigmatic life of Adi Godrej - the industrialist behind the 115-year-old Godrej Group.

DGCA to submit report on Kingfisher on Thursday

Posted: 03 Oct 2012 12:00 AM PDT

The aviation regulator will submit a report on Kingfisher Airlines to the government on Thursday, aviation minister Ajit Singh told reporters

Rupee up 7 paise against dollar

Posted: 02 Oct 2012 11:24 PM PDT

The rupee was trading seven paise up on Wednesday morning at 52.33 to a dollar on selling of the American currency by banks and exporters amid persistent foreign capital inflows into the equity market.

ADB cuts India's growth forecast to 5.6%

Posted: 02 Oct 2012 10:54 PM PDT

The Asian Development Bank cut most of its 2012 and 2013 growth estimates for developing Asia on Wednesday as a slump in global demand weighs on the region's powerhouses China and India and on its export-dependent economies.

Kingfisher stock slumps on labour unrest

Posted: 02 Oct 2012 10:19 PM PDT

Shares in Kingfisher were down 4.9 percent as of 0346 GMT on Wednesday, after slumping nearly 5 percent in each of the previous two sessions.

Rupee rises to fresh 5-month high

Posted: 02 Oct 2012 09:33 PM PDT

The rupee rose by 12 paise to fresh over five-month high of 52.28 against the American currency in early trade on Wednesday at the Interbank Foreign Exchange on continued dollar selling by exporters and some banks.

Sensex up 51 points on funds buying

Posted: 02 Oct 2012 09:31 PM PDT

The BSE benchmark Sensex gained over 51 points in early trade on Wednesday on sustained buying by funds and retailers on expectations of more policy reforms by the government amid a firming trend in Asian region.
Posted by Harshad at 9:26 PM

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