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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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RBI warns of rising tide of NPAs

RBI’s credibility loss: It’s wrong to blame Subbarao alone; UPA is equally res...

The mid-year economic review of the Narendra Modi government has made some strong-worded, direct observations against former RBI governor D Subbarao saying the monetary policy lost... read more »

Bharti Retail Plans to borrow up to 2k cr

MUMBAI: A year after parting ways with Walmart, billionaire Sunil Mittal’s Bharti Retail plans to borrow up to 2,000 crore to accelerate store openings and spruce up operations. The... read more »

More Steps to Rationalise Subsidies on Anvil: Arun Jaitley

New Delhi: Assuring India Inc of NDA’s commitment to carry forward economic reforms, Finance Minister Arun Jaitley today said the government will come out with more steps to... read more »

Aurobindo Pharma completes $132.5-million Natrol acquisition

NEW DELHI: Drug firm Aurobindo PharmaBSE -0.68 % has completed the acquisition of assets of nutritional supplement maker Natrol Inc and its other affiliate entities for $ 132.5 million... read more »

RBI injects Rs 38.46 bn in banking system via repos

The Reserve Bank of India (RBI) has injected Rs 38.46 billion in the banking system via 1-day repo on Dec. 3, 2014. At the auction conducted under liquidity adjustment facility, the central bank... read more »