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 India Infoline.com | Hyundai opens second car plant in India Hindu Business Line - SRIPERUMBUDUR: Korean car maker Hyundai today opened its $750 million second manufacturing plant in India that will double production capacity to 600000 units and act as a global hub for all of the company's small cars. Hyundai to invest USD 1 bn in India by 2013 Nano not to hit Hyundai sales |
 Press Trust of India | Deprived of rate cut, Indian stocks lose ground Hindustan Times - Indian equity markets continued to witness acute volatility during the week ended Friday, with the mood swinging both ways, resulting in a key index losing over 120 points despite a major recovery in the final session. IT stocks lead 593 point surge in Sensex Sensex rebounds 585 points |
 Washington Post | Microsoft and Yahoo!: Happily Ever After? BusinessWeek - If the No. 2 and No. 3 Web search titans tie the knot—via Microsoft's multibillion-dollar bid for Yahoo—they may only just keep up with No. Microsoft Eyes Yahoo to Topple Google Microsoft 'bear hug' for Yahoo could create Google-beater |
 Calcutta Telegraph | Consumer durables,cars may get dearer as steel prices rise Economic Times - NEW DELHI: Consumer durables and automobiles are in for a price hike as integrated steel makers have increased steel price between Rs 2000 per tonne and Rs 2500 per tonne (6-8 %) on account of rising iron ore, coking coal and energy prices. India minister to review steel prices, wants duty cut Steel prices hiked by Rs 1500 to Rs 2500 a tn |
NREGS workers favour social audit on their own Hindu - HYDERABAD: A World Bank study on the impact of social audit in the National Rural Employment Guarantee Scheme (NREGS) has found that 95 per cent of the labourers engaged under the programme wanted to conduct the audit on their own. Govt claims success of rural jobs scheme NREG Scheme helps rural work force: Minister |
 Hindu Business Line | Air India to launch non-stop New York-Delhi flight Sify - Washington: India's national carrier Air India is launching a daily non-stop New York-Delhi service from Feb 8 with a state-of-the-art Boeing 777-200LR aircraft to reduce the travel time between the two cities to 14 hours. Govt prepared to sell 15-20% stake post AI-Indian merger Airline chiefs call for policies to tackle rising fuel prices |
 Calcutta Telegraph | Kenyan chaos takes a toll on Tata Chemicals’ profit Economic Times - On a consolidated basis, Tata Chemicals reported a 42% fall in net profit at Rs 91.1 crore during the quarter ended December 2007 on the back of a 5% fall in net sales to Rs 1700.1 crore. Tata's Latest Billion-Buck Buy Tata Chem may be downgraded |
Press Trust of India | Listed cos may find going tough on St Economic Times - NEW DELHI: Companies across sectors that have high promoter stakes, may have to either dilute promoter stakes or face the threat of being delisted thanks to the new norms being proposed by the finance ministry. Govt for more public holding in listed cos Ministry proposes 25% public holding floor |
Press Trust of India | Re takes toll, export growth slows Economic Times - NEW DELHI: The steadily rising rupee has contained India’s export growth to 16% in December 2007 to $12.3 billion. Cumulative growth in exports in the first nine months of 2007-08, however, was higher at 21.76% with exports valued at $111 billion ... Exports grow 16% to $12.3 b in Dec Exports in Dec 2007 up 16%; trade deficit surges |
 Chennai Online | Cars in top gear, two-wheelers skid Economic Times - NEW DELHI: Call it the Auto Expo effect. New models helped boost car sales in January as Hyundai, GM, Skoda and Honda each clocked 30-50% growth. January proves a good start for car makers Maruti crawls as Hyundai, GM race ahead in January |
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