India News

Bharti group Chairman Sunil Bharti Mittal today asserted that the question of buying Hutchison’s stake in its Indian joint venture Hutchison Essar Ltd would only arise after the Ruias had decided the future course of action.

Click the following link http://www.6URL.com/11A3 to read the complete article.

Annual capacity will be in excess of 100,000 cars.Tata Motors and Fiat will invest over Rs 4,000 crore in a joint venture to make cars and engines and may expand it to produce trucks as well.The annual capacity will be more than 100,000 cars and 200,000 engines and transmissions and production will start from the beginning of 2008.

Click the following link http://www.6URL.com/11A2 to read the complete article.

The market held firm in afternoon trade after the latest data showed inflation eased to 5.16% for the 12 months to 2 December compared to 5.3 per cent in the previous week. Firm global markets supported domestic bourses.

Click the following link http://www.6URL.com/11A1 to read the complete article.

Global credit rating agency Standard & Poor's on Thursday said India's economic growth may fall marginally to 7.5-8 per cent, but inflation outlook remained stable at 5-5.5 per cent in 2007.

Click the following link http://www.6URL.com/119R to read the complete article.

Market regulator Sebi’s decision to make it mandatory to report all corporate bond deals exceeding Rs 1 lakh on the Bombay Stock Exchange (BSE) from January 1, 2007 is not in conformity with the recommendations of an expert committee which he headed, RH Patil said on Thursday.

Click the following link http://www.6URL.com/119k to read the complete article.