TVS Srichakra to launch radial tyres
TVS Srichakra Ltd., a well-known maker of two-wheeler, three-wheeler and off-road tyres, will be launching radial tyres for motorcycles soon. Unveiling the company’s new identity and logo — TVS TYRES — here on Friday, P. Vijayaraghavan, Director of the company, said the new logo conveyed... read more »
PRECIOUS-Gold rebounds to 5-month high after ECB launches QE program
Gold turned higher and touched a five-month high above $1,300 per ounce on Thursday, after the European Central Bank (ECB) launched a multi-billion euro bond-buying program aimed at reviving a sagging euro zone economy. President Mario Draghi said the ECB would print money to buy up 60 billion... read more »
Emami buys majority stake in Australian firm
Personal and healthcare FMCG company Emami, through its subsidiary Emami International FZE, has acquired controlling stake in Australia-based Fravin Pty Ltd. along with its three subsidiaries. Fravin Pty Ltd. is engaged in research and development (R&D) and in the manufacture of natural and... read more »
Oil prices rise after Saudi King’s death
Oil prices rose on the news of the death of Saudi Arabia’s King Abdullah Thursday, but the king’s death is not expected to change the course of oil prices over the next several months. The price of U.S. crude was up 88 cents, or 1.9 percent, to $47.19 a barrel in after-hours trading. Brent... read more »
