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Business News

Ashok Leyland July sales down 10% at 7,847 units Sales of medium and heavy commercial vehicle in July were down by 8.45 percent
Fri, 01 Aug 2014 19:25:25 +0530
Vellayan Subbiah In an interview with CNBC-TV18’s Reema Tendulkar and Nigel D’Souza, Cholamandalam Investment MD Vellayan Subbiah said a turnaround for its vehicle financing segment was still some time away.
Fri, 01 Aug 2014 19:24:42 +0530
Tata Motors sales down 27% Its exports in July grew by 2 percent to 4,367 units compared to 4,277 units in June last year.
Fri, 01 Aug 2014 18:05:32 +0530
Mahindra  Mahindra sales down 4.12% in July Sales of passenger vehicles, including Scorpio, XUV 5OO, Xylo, Bolero and Verito, stood at 14,708 units compared with 15,530 units in July 2013, down 5.29 percent.
Fri, 01 Aug 2014 17:24:19 +0530
Vishal Sikka Infosys’ CEO Vishal Sikka believes that vast opportunities exist in the market and one of the company's priorities is to innovate in new areas.
Fri, 01 Aug 2014 16:44:30 +0530
Tulsi Tanti Suzlon chairman Tulsi Tanti is confident that second half of FY15 will be far better than first half for the company as he expects new order intake to increase.
Fri, 01 Aug 2014 15:58:42 +0530
VE Commercial Vehicles register 6% growth in July The company, which is a 50:50 joint venture between the Volvo Group and Eicher Motors, had sold 3,150 units in the same month last year.
Fri, 01 Aug 2014 15:55:33 +0530
Yamaha domestic sales up 35.81% in July FZ Version 2.0 and FZ-S Version 2.0 launched last month have been key in boosting our sales, the management said.
Fri, 01 Aug 2014 15:50:15 +0530
Hero MotoCorp sales up 8.67% in July "All the recent launches by the company, including the new Xtreme, Karizma and ZMR are driving volumes across market," Hero MotoCorp said.
Fri, 01 Aug 2014 15:45:37 +0530
Govt to unveil plan to modernise CIL mines by October The first action plan for technological development and modernisation of Coal India Ltd mines is likely to be drawn up by the government by October, a move aimed at boosting CIL output.
Fri, 01 Aug 2014 15:20:27 +0530
Hyundai sales down marginally During the month, Hyundai's exports declined 17.54 percent to 18,750 units as against 22,739 units in the same month last year.
Fri, 01 Aug 2014 15:02:21 +0530
Bajaj Holdings pares stake in Force Motors; promoters hike In a BSE filing, Bajaj Holdings said it has sold 6,96,001 shares (5.28 percent) in Force Motors in the open market between July 23 and July 31, 2014. Post sale, Bajaj Holdings' stake in the company stands at 4.04 percent from 9.32 percent earlier.
Fri, 01 Aug 2014 14:51:15 +0530
MS Raghavan Saddled with over 10 per cent gross non-performing assets, United Bank of India scripted a turnaround in the fourth quarter of 2013-14 by reporting an over 15-fold jump in net profit to Rs. 469 crore on the back of cash recovery and upgradation of accounts.
Fri, 01 Aug 2014 13:53:31 +0530
Maruti reports 21.7% increase in total sales for July'14 The company said its domestic sales rose 19.9 percent during the month to 90,093 units as against 75,145 units in July 2013.
Fri, 01 Aug 2014 10:53:26 +0530
Anita Arjundas According to Anita Arjundas, MD CEO of Mahindra Lifespace the sale of Byculla land was a major positive, which contributed significantly to the first quarter earnings.
Fri, 01 Aug 2014 10:08:17 +0530
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Politics

Natwar Singh was External Affairs Minister in UPA-I and he had to resign after his name appeared in the Iraqi oil-for-food scam in 2006.
In the application moved before special CBI judge BH Loya, Sheikh's brother Rubabuddin said that the CBI has not decided who was the mastermind behind his brother's killing.
Rahul and Sonia were summoned by a Delhi court in June.
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India

The Madhav Gadgil Committee's report on the ecologically sensitive Western Ghats had pointed to impending danger in the vicinity of Pune.
In the first incident, the NCB sleuths detected and intercepted a parcel containing 120 gm of cocaine which had gramophone records as its declared consignment.
The requirement of attestation by a gazetted officer is also sought to be replaced by self-certification by the citizen.
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Tech

The new historical sites include the Safdarjung Tomb, Ellora Caves, and Purana Quila, a statement said.
Google received more than 91,000 requests to delete a total of 328,000 links under Europe's "right to be forgotten" ruling.
Samsung has hinted in the past that it could use bendable screens in future devices.
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