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Ducati Motor launches five racing bikes


Bharti in global cable alliance
NEW DELHI: Bharti Airtel along with 15 other global telecommunications majors on Wednesday signed a formal construction and maintenance agreement in London to build the Europe-India Gateway (EIG) cable system at a cost of over $700 ...

Fiat to source more auto parts
Plans to launch CNG variant of Palio; in talks with vendors

Sutherland sets up global campus
CHENNAI: Business process outsourcing company Sutherland Global Services, with significant offshore operations in Chennai, Kochi and Mumbai, is setting up its first global campus in Chennai. To invest Rs. 200 ...

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Barometer


Briefly
SNAPSHOTS
Alcome launches perfumes
NEW DELHI: Alcome Perfumes & Cosmetics, the Indian subsidiary of the U.S.-based Alcome Perfumes & Cosmetics LLC, on Wednesday forayed into the Indian market by launching a range of its perfume brands and has roped in leading actress ...

Rupee breaches 41 level against $
MUMBAI: The rupee breached the 41-level against the dollar on Wednesday at 41.35/36 as the demand for the dollar from oil firms multiplied after the global crude hit yet another high. It closed at 40.94/95 on Tuesday. The rupee last closed ...

RBI board to meet today
NEW DELHI: Amid continuing concerns of high inflation, the Board of Governors of the Reserve Bank of India is meeting on Thursday at Shillong to take stock of the situation arising out of high commodity prices. The meeting is held in the ...

Yahoo bid: Gates to go his way
TOKYO: Microsoft Chairman Bill Gates on Wednesday said the company was not pursuing other deals following the withdrawal of its $47.5 billion (euro30.7 billion) takeover bid for Yahoo. He said in Tokyo that the company put ‘a lot of ...

Toshiba, JSW to make steam turbines
MUMBAI: Toshiba Corporation of Japan and the JSW Group on Wednesday agreed to establish a joint venture company to make and market super-critical steam turbines and generators for thermal power plants in India. — Special ...

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