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Slow pace of U.S. recovery dampens global markets
High rate of unemployment cited as a major drag on growth

Maruti Suzuki launches five CNG models
They are priced between Rs. 3.23 lakh and Rs. 7.47 lakh

McNally eyeing acquisitions in Europe
Plans subsidiaries in Brazil, Australia, Russia and South Africa

Nasscom criticises U.S. Border Security Bill


RBI directive to core investment companies
MUMBAI: The Reserve Bank of India (RBI) on Friday directed core investment companies (CICs) to register themselves with the central bank in case their asset size is at least Rs. 100 crore. CICs are non-banking finance companies (NBFCs), ...

2 new tractors from John Deere
BANGALORE: Leading tractor manufacturer John Deere India on Friday announced the introduction of two new tractor models. “Introduction of these two new models, marks the entry of John Deere into the lower horsepower (HP) segment in ...

Other Stories



Barometer


Briefly
Impal reports improved profit
CHENNAI: India Motor Parts & Accessories has increased its total income to Rs. 104.95 crore in the first three months ended June 30, 2010, from Rs. 81.37 crore in the year-ago period. The net profit has improved to Rs. 6.12 crore from Rs. ...

Colgate-Palmolive declares first interim
MUMBAI: Colgate-Palmolive (India) has announced a first interim dividend of Rs. 10 per share of Re. 1 each for 2010-11. For 2009-10, it had declared a first interim dividend of Rs. 8 per share and a total dividend was Rs. 20 per share, says a ...

MAN Industries posts higher net profit
MUMBAI: The net profit of MAN Industries (India), a leading pipe manufacturing company, has shot up to Rs.22.24 crore in the quarter ended June 30, 2010, from Rs.2.86 crores in the corresponding period a year ago. Net sales were Rs. 332.65 ...

Schneider launches lighting control system
BANGALORE: Schneider Electric has announced the launch in the Asia Pacific market of Sympholux, a customised lighting control solution based on the company's three energy-efficient lighting control systems: KNX, C-Bus and DALI Control. The ...

Jet Airways improves seat factor
MUMBAI: Jet Airways has achieved a 27.8 per cent growth in international revenue passengers and 15 per cent in domestic revenue passengers in July. The seat factor for the international and domestic operations stood at 83.1 per cent and 73.8 ...

Sanraa Media joins hands with U.K. firm
CHENNAI: Sanraa Media, a media technology company with studios in Chennai and Bangalore, has entered in to a 2 million pound co-production deal with Endemol of the U.K. The objective is to produce 3D animated series, says a company release. ...

LKP hosts roads & highways conference
CHENNAI: The government's increasing focus on infrastructure is expected to translate into an investment of Rs. 6.30 lakh crore over the next five years. However, this can be achieved only through clarity in policy framework and ...




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