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nearly 2500 more cars sold this June

nearly 2500 more cars sold this June

Domestic passenger car sales rose 1.53 per cent to 1,62,677 units in June from 1,60,232 units in the year-ago month. Motorcycle sales last month rose marginally to 8,77,696 units from 8,77,289 units a year earlier, according to data released by the Society of Indian Automobile Manufacturers... read more »

Alcoa earnings inch up despite lower alu...

Alcoa earnings inch up despite lower aluminum prices

The company said last night that net income for the quarter ending June 30 was $140m, up from $138m the same time last year. Sales for the three month period rose 1% to $5.90 billion. Alcoa cited higher profits from its global rolled products business, which provides sheet and plates for the... read more »

South Korea shares fall on China worries...

South Korea shares fall on China worries, won steady as Bank of Korea holds...

Seoul shares slipped below the key 2,000-point level on Thursday morning as China’s market turmoil continued drive nervous investors out of riskier assets. Market reaction was largely muted after the Bank of Korea kept its policy interest rate steady at a record low of 1.50 per cent, as... read more »

Honda Jazz 3.0 version out; Features and...

Honda Jazz 3.0 version out; Features and specifications!

The third generation version of Japanese carmaker Honda’s premium hatchback Jazz made a comeback in the Indian market on Wednesday. With the car’s launch, the company offred a brand new model at an affordable price between Rs 5.3 lakh and Rs 8.59 lakh (ex-showroom Delhi). The car, which... read more »

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Gilead licences Strides to make, distribute AIDS drug in 112 countries

U.S. pharmaceutical major Gilead Sciences has signed a licensing agreement with Bengaluru-based Strides Arcolab, under which Gilead has extended non-exclusive rights to Strides to make and... read more »

World Bank to commit $1 billion in clean India programme

World Bank today said it will commit $1 billion in the government’s Swachh Bharat (Clean India) campaign. World Bank’s country director in India Onno Ruhl said the World Bank is... read more »

‘New packaging practice helped in lifting of EU ban on mango’

The European Union’s decision to lift ban on mango imports from India is a recognition of inspection process and new packaging practice now adopted by exporters, industry body FIEO... read more »

India’s growth rate to surpass China’s in 2016: IMF

WASHINGTON: India is expected to grow at 6.3 per cent this year and 6.5 per cent in 2016 by when it is likely to cross China’s projected growth rate, the IMF said on Tuesday while... read more »

Nifty hits record high; HDFC & Axis Bank up 3-4%, GAIL dips

The Nifty touched record high at 8628 today, up 68.55 points or 0.80 percent at 8619.25 while the Sensex rose 249.88 points or 0.88 percent to 28511.89. About 1557 shares have advanced, 1142 shares... read more »