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India seeks regulation of oil markets
‘Price discovery of oil cannot be left entirely unregulated'

Rane Group to diversify into fluid manufacturing
To cater to commercial and utility vehicles initially

Late selling pulls down Sensex by 118 points
MUMBAI: The Bombay Stock Exchange benchmark index, Sensex, fell by 118 points on Wednesday to 18178.33 in late sell-off in banking, IT and realty stocks amid concerns that rising oil prices due to unrest in the Middle East will stoke ...

RRB Energy to tap business in Uruguay
CHENNAI: RRB Energy explores the possibility of tapping wind energy business in Uruguay. A high-level delegation accompanied by Danilo Astori, Vice-President and Speaker of the General Assembly and of the Senate of the Republic of Uruguay was ...

Automobile industry for status quo in tax structure
NEW DELHI: For automakers in India, 2010 was a year of boom as they witnessed record sales of over 12.20 million units. Car sales soared by 31 per cent to almost 20-lakh units, while motorcycle volumes climbed by 27 per cent to 94-lakh ...

SBI plans merger of 5 associate banks
NEW DELHI: State Bank of India (SBI) plans consolidation of remaining five associate banks with itself in the next 12-18 months. “... the bank (SBI) envisages consolidation of all subsidiary banks with SBI within a period of 12 to ...

Exports target set at $450 b by 2014


T.V. Sundram Iyengar & Sons floats new company


Oil Ministry hopes for cut in duty on crude oil, diesel
NEW DELHI: The Union Petroleum Ministry is hopeful that Finance Minister Pranab Mukherjee will address its concerns and slash the 5 per cent duty on crude oil and reduce the excise duty on diesel to 2.5 per cent from the present 7.5 per cent ...

Panasonic breaks ground for new manufacturing facility in Haryana
To invest Rs.1,000 crore in the next five years

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