Sensex down 83 points in early trade |
- Sensex down 83 points in early trade
- Asian markets fall, Europe fears outweigh US data
- Indian demand making Maruti mull a diesel leap
- Suzuki, Yamaha go full throttle on two-wheelers
- Footfalls to sales: Car cos not bullish
- In 2011, India was Audi’s fastest-growing mkt
- It’s a glitz blitz at the expo
- Rajat Gupta didn't profit as alleged insider: Lawyer
- Maruti may up prices by 2-3 %
- SC seeks info on banks’ debt write-offs
- Mutual funds' AUM dip 4.2% on weak markets
- Play safe, Soros tells investors
- Hochtief may buy AP infra co
- ‘Young desis still prefer to work abroad’
- Honda declares war on ex-partner Hero
- Sensex slips 26 pts on profit-booking
- Hyundai unveils concept MPV - Hexa Space
- Maruti Suzuki cars to cost more
- India's economic fundamentals good, says Ratan Tata
- Reliance gas output dips below 39 mmcmd
- Auto Expo 2012: Maruti unveils SUV XA Alpha
| Sensex down 83 points in early trade Posted: 05 Jan 2012 08:23 PM PST The BSE benchmark Sensex lost nearly 83 points in early trade today on continued selling by funds on fears of disappointing quarterly earnings and a weakening trend on other Asian bourses. 
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| Asian markets fall, Europe fears outweigh US data Posted: 05 Jan 2012 07:25 PM PST Asian markets fell and the euro continued its struggles as fresh concerns over Spain and Italy rattled investors despite another strong batch of jobs data from the United States. 
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| Indian demand making Maruti mull a diesel leap Posted: 05 Jan 2012 04:58 PM PST The Indian car market's sudden voracious appetite for diesel-powered vehicles has led to Maruti "pushing" its Japanese parent Suzuki to invest in small diesel engines. According to a top Maruti official, the decision is currently being mulled by Suzuki which has traditionally been a petrol vehicle maker globally. 
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| Suzuki, Yamaha go full throttle on two-wheelers Posted: 05 Jan 2012 04:54 PM PST The two-wheeler business is heating up in India with Japanese automobile majors Yamaha and Suzuki announcing new launches in the category in a bid to boost their sales. 
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| Footfalls to sales: Car cos not bullish Posted: 05 Jan 2012 04:52 PM PST The glitz and glamour may be aplenty at the Delhi Expo but companies do not expect the car market to turn around, despite new launches and high footfalls at the mega auto carnival. 
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| In 2011, India was Audi’s fastest-growing mkt Posted: 05 Jan 2012 04:49 PM PST German carmaker Audi is upbeat on India. The last to enter among the luxury makers, Audi has tasted quick success in the market and has seen India emerge as its fastestgrowing market in the world, ahead of big markets like China , Russia, Japan and France. And now, as the company gears up to launch the Q3 mini SUV at the bottom-end of the luxury market, it has set its eyes on being numero uno in India. 
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| It’s a glitz blitz at the expo Posted: 05 Jan 2012 04:46 PM PST With the world economy in the middle of a slump, the big boys of the auto industry are making a beeline for India, including British bikemaker Triumph. 
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| Rajat Gupta didn't profit as alleged insider: Lawyer Posted: 05 Jan 2012 04:46 PM PST Former Goldman Sachs director Rajat Gupta never profited from insider trading allegedly conducted with his friend, hedge fund magnate Raj Rajaratnam, his lawyer said in court Thursday, calling the government case "mumbo jumbo." 
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| Posted: 05 Jan 2012 04:44 PM PST Maruti Suzuki will raise prices of its cars next week, a top company official said on the sidelines of the Auto Expo. 
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| SC seeks info on banks’ debt write-offs Posted: 05 Jan 2012 04:39 PM PST The Supreme Court has asked RBI to provide the number of cases in which it took action against banks for ignoring guidelines or instructions in settlement of dues from borrowers. 
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| Mutual funds' AUM dip 4.2% on weak markets Posted: 05 Jan 2012 04:30 PM PST The average assets under management (AUM) of mutual funds (MFs) dropped around 4.2% to about Rs 6,87,640 crore in October-December 2011 on the back of withdrawal by corporates and banks from fixed income schemes and the fall in equity markets. The average AUM has fallen by Rs 16,040 crore in the current fiscal. 
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| Play safe, Soros tells investors Posted: 05 Jan 2012 04:28 PM PST When he speaks, global leaders and investors listen in rapt attention . But for a change on Thursday, when billionaire investor George Soros, who can make or break markets, descended upon the Indian School of Business (ISB) campus here for an interactive session, he strangely chose to remain tightlipped about India, saying that he was here to hear about India. 
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| Posted: 05 Jan 2012 04:18 PM PST Private equity investors and promoters of Coastal Projects, a Hyderabad based construction services firm, are in discussions with German giant Hochtief AG to sell a majority stake, said three separate sources familiar with the process. The transaction may value the construction services firm at over $500 million. 
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| ‘Young desis still prefer to work abroad’ Posted: 05 Jan 2012 04:14 PM PST Young India's fixation with the West continues even though many non-resident Indians and expats believe this is their preferred place of work. Even the growing economy at home, clocking one of the best growth rates in the world, hasn't deterred the young workforce here from wanting to take a flight abroad. 
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| Honda declares war on ex-partner Hero Posted: 05 Jan 2012 11:26 AM PST The alliance is off and so are the gloves. Japanese auto major Honda's brand new India strategy is to focus all attention on dethroning its former partner Hero as the undisputed leader of the Indian motorcycle market. 
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| Sensex slips 26 pts on profit-booking Posted: 05 Jan 2012 04:00 AM PST Erasing intra-day gains, the BSE Sensex slipped 26 points to 15,857.08, down for the second day today as investors remained cautious ahead of third quarter corporate results despite a sharp slump in food inflation. 
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| Hyundai unveils concept MPV - Hexa Space Posted: 05 Jan 2012 03:08 AM PST Hyundai unveiled its concept multipurpose vehicle (MPV) -- Hexa Space -- and said it expects single-digit growth in the Indian car industry in 2012. 
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| Maruti Suzuki cars to cost more Posted: 05 Jan 2012 02:58 AM PST Automobile major Maruti Suzuki on Thursday said all its cars will cost more from next week due to a hike in commodity input prices and the weakening of the rupee. 
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| India's economic fundamentals good, says Ratan Tata Posted: 05 Jan 2012 01:51 AM PST "We must stop pessimism...India's (economic) fundamentals are correct and we should be striving for retaining growth rate," Ratan Tata said. 
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| Reliance gas output dips below 39 mmcmd Posted: 04 Jan 2012 11:04 PM PST Reliance Industries has reported natural gas output from its eastern offshore KG-D6 fields dipping below 39 million cubic meters a day as it shut five wells because of high water ingress. 
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| Auto Expo 2012: Maruti unveils SUV XA Alpha Posted: 04 Jan 2012 08:45 PM PST The 11th Auto Expo kicked off on Thursday with the country's largest car maker Maruti Suzuki unveiling its compact SUV XA Alpha as the company aims to enter into newer segments. 
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