Luxury car maker Mercedes Benz India closed last month with a record sales of 521 units - the highest ever monthly sales in its 15-year existence in India.

The Lok Sabha Monday passed a bill to set up a panel to resolve financial disputes between sectoral regulators after Finance Minister Pranab Mukherjee assured the house that it will not be a "super regulator" and dilute the autonomy of the regulators.

State-run Gas Authority of India Limited (GAIL) Monday reported a 35 percent increase in net profit for the first quarter of this fiscal at Rs.88,688 lakh as against Rs.65,584 lakh in the like period of 2009-2010.

India and Argentina Monday agreed to step up technical and professional cooperation in the agricultural sector and foster trade in plants and animal products between the two countries.

GAIL (India) Limited registered an increase of 18% in Turnover (net of Excise) of ' 7,096 crore in the 1st quarter of FY 2010-11 against '6,039 crore in the corresponding previous year quarter.

The world's largest tea producer McLeod Russel India sees average price realisation of tea in the current fiscal (2010-11) to be at Rs.150 per kg, up from Rs.137 a year ago, a top official said here Monday.

Anglo-Asian banking giant HSBC Monday declared net profit of $6.76 billion (4.43 billion pounds) in its personal and commercial banking for the first six months of 2010.

Buoyed by steady buying, a benchmark index for Indian equities Monday ended 226 points higher than its previous close.

The world's largest tea producer, McLeod Russel India, plans to set up a tea blending unit in Dubai to offer a new range of products to its customers, a top company official said here Monday.

Indian automobile manufacturers reported good sales numbers in July, gaining from higher incomes, low-cost loans and launches of new models, especially in the small car segment, in a growing economy.