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Everything you need to know about Auto Industries: news, reviews, in-depth analysis, opinion and more

Everything you need to know about Auto Industries: news, reviews, in-depth analysis, opinion and more

Sensex closes in red, down 0.10 percent (Roundup)

May 2, 2012 at 6:24 PM

Mumbai, May 2 (IANS) A benchmark index for Indian equities markets Wednesday closed in the red, dropping marginally and snapping three days of gains, as lower-than-expected manufacturing data and negative European markets dampened sentiments.

Traders opposes against Food Safety and Standard Act

May 2, 2012 at 5:15 PM

A delegation of the Confederation of All India Traders (CAIT) met senior officials of Food Safety

Sensex up 17.31 points in afternoon trade

May 2, 2012 at 3:54 PM

Mumbai, May 2 (IANS) A benchmark index for Indian equities markets was trading 17.31 points higher Wednesday, led by good buying support for consumer durables, bank and IT stocks.

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Bajaj Auto's April sales up four percent

May 2, 2012 at 1:54 PM

New Delhi, May 2 (IANS) Two and three-wheeler major Bajaj Auto Wednesday reported a four percent increase in its total sales, including exports, in April at 381,590 units from 367,309 units sold in the corresponding month of last year.

Auto sales stay on pace in April (Roundup)

May 1, 2012 at 6:26 PM

New Delhi/Chennai, May 1 (IANS) Indian automobile manufacturers Tuesday reported a steady sales growth in April. Exports, however, slowed down a bit during the month.

Exide Q4 net profit dips 12.9 percent

April 30, 2012 at 9:06 PM

Kolkata, April 30 (IANS) Exide Industries, the biggest storage battery producing company in India, Monday reported 12.9 percent slide in its net profit in the quarter ended March 31, 2012 to Rs.1.42 billion (over $26 million) from Rs.1.63 billion during the same period an year ago.

'CPI-M, Maoists, teachers trying to stop development'

April 29, 2012 at 7:22 PM

Kolkata, April 29 (IANS) West Bengal Industries Minister Partha Chatterjee Sunday blamed the opposition Left Front and a section of teachers for trying to stop the developmental work in the state by spreading canards against the 11-month-old TMC-Congress government.

West Bengal: Govt. blames opposition for creating troubles

April 29, 2012 at 6:20 PM

Ruling Trinamool Congress has blamed the opposition left front and section of teachers for the creating obstacle in the way of development

CPI-M, Maoists spreading canards against us: Trinamool

April 29, 2012 at 5:14 PM

Kolkata, April 29 (IANS) West Bengal Industries Minister Partha Chatterjee Sunday blamed the opposition Left Front and the Maoists for trying to stop developmental work in the state by spreading canards against the 11-month-old TMC-Congress government.

Sensex gains 53.09 points in special trade

April 28, 2012 at 4:58 PM

Mumbai, April 28 (IANS) A benchmark index for Indian equities markets in a special trading session Saturday gained 53.09 points to close at 17,187.34 points.

Ban to meet business leaders for UN health agenda

April 28, 2012 at 2:50 PM

Mumbai, April 28 (IANS) United Nations Secretary-General Ban Ki-moon will later Saturday meet business and social leaders here to discuss ways and means to achieve the health-related UN Millennium Development Goals (MDGs), an official said.

Sensex ends in red; power, realty, auto stocks fall

April 26, 2012 at 7:30 PM

Mumbai, April 26 (IANS) Indian equities markets benchmark indices witnessed choppy trading Thursday, a day after ratings agency Standard & Poor's lowered its outlook to "negative" from "stable" on India's long-term sovereign ratings and also on major firms.

Choppy trading at Indian equities after outlook downgrade

April 26, 2012 at 1:13 PM

Mumbai, April 26 (IANS) Indian equities market was witnessing choppy trading Thursday, a day after ratings agency Standard & Poor's lowered its outlook to negative from stable on India's long-term sovereign ratings and also on major firms.

Allow resale of commercial land only in rare cases: Himachal panel

April 25, 2012 at 12:00 PM

Shimla, April 25 (IANS) Resale of commercial land in Himachal Pradesh, purchased after special permission, should be allowed in rarest of rare cases. And in case the land is not used for which it was meant, the property vests with the government, says a commission appointed by the state government.

It's back to Singapore for IIFA this year

April 25, 2012 at 1:21 AM

Singapore, April 24 (IANS) Eight years after showcasing Bollywood's wonder in Singapore, the International Indian Film Academy (IIFA) is heading back to the City of Lions for its annual weekend and awards, to be held June 7-9.

Sensex ends 111 points up; TCS, Wipro surge

April 24, 2012 at 5:08 PM

Mumbai, April 24 (IANS) A benchmark index for Indian equities markets closed 111 points higher Tuesday, led by an almost 12 percent surge in the share price of Tata Consultancy Services (TCS) and good buying support in other IT stocks on the back of a robust earnings outlook.

Sensex down 1.05 percent at 17,192.02 points

April 23, 2012 at 2:28 PM

Mumbai, April 23 (IANS) A benchmark index for Indian equities markets was trading 181.82 points or 1.05 percent down Monday, amidst a choppy session ruled by major selling pressure.

Posh wows in arty advertising material for custom-designed Range Rover

April 23, 2012 at 1:24 PM

London, Apr 23 (ANI): Victoria Beckham, who made a stunning appearance on the red carpet as she unveiled her new Range Rover Evoque, could be seen in a number of sultry poses in arty advertising for her custom-designed vehicle.

Sensex down 21.31 points in the afternoon trade

April 23, 2012 at 12:20 PM

Mumbai, April 23 (IANS) A benchmark index for Indian equities markets was trading 21.31 points or 0.12 percent down Monday, amidst a choppy session ruled by major selling pressure.

Ecuador expects China to fully finance refinery

April 23, 2012 at 10:12 AM

Quito, April 23 (IANS/EFE) Ecuador expects China to provide all of the financing for the Refineria del Pacifico, a mega-refinery for processing crude and the largest public works project in the Andean country, President Rafael Correa said.

Kerala UDF constituencts call truce

April 22, 2012 at 3:40 PM

Kozhikode, April 22 (IANS) A ceasefire of sorts has been declared between the two bickering constituents of the ruling United Democratic front (UDF) in Kerala - the Indian Union Muslim League (IUML) and the state Congress unit - after a meeting between their top leaders here Sunday.

Kerala promises single window clearance to lure investors

April 21, 2012 at 7:33 PM

New Delhi, April 21 (IANS) To bag big ticket investments to propel its economy, the government of Kerala has promised single-window clearance, lucrative returns and durable partnerships to Indian industries and global corporations.

Kanoria Chemicals to acquire Switzerland-based firm

April 20, 2012 at 8:37 PM

New Delhi, April 20 (IANS) Kanoria Chemicals and Industries Limited (KCI) Friday said it would acquire APAG Holding AG, the Switzerland-based holding company of its wholly owned subsidiary APAG Elektronik AG, Switzerland.

RIL fourth quarter net profit down 21.2 percent

April 20, 2012 at 8:13 PM

Mumbai, April 20 (IANS) Reliance Industries Ltd (RIL) Friday reported a 21.20 percent decline in net profit at Rs.4,236 crore in the fourth quarter of 2011-12, compared to Rs.5,376 crore in the corresponding period of 2010-11.

RIL fourth quarter net profit down 21.2 percent

April 20, 2012 at 6:29 PM

Mumbai, April 20 (IANS) Reliance Industries Ltd (RIL) Friday reported a decline of 21.20 percent in its net profit, which stood at Rs.4,236 crore in the fourth quarter of 2011-12 compared to Rs.5,376 crore in the corresponding period of 2010-11.

Kerala expecting huge overseas investment: Chandy

April 20, 2012 at 4:45 PM

New Delhi, April 20 (IANS) The Kerala government is expecting huge overseas investments in about 60 sectors including infrastructure, technology, education and healthcare, Chief Minister Oommen Chandy said Friday.

India's Sensex down after previous rallies

April 20, 2012 at 12:05 PM

Mumbai, April 20 (IANS) Indian equities were ruling in the red intra-day Friday after a key index opened lower, after rising more than 400 points this week due largely to the favourable monetary policy announced by the central bank three days ago.

Sensex closes 111.32 points higher, auto stocks rally

April 19, 2012 at 6:45 PM

Mumbai, April 19 (IANS) A benchmark index for Indian equities markets closed 111.32 points or 0.64 percent higher Thursday with interest rates-sensitive auto stocks making considerable gains after the central bank cut key lending rates.

Chinese car multimedia maker CASKA to set up R&D centre in India

April 19, 2012 at 6:29 PM

Kolkata, April 19 (IANS) Car multimedia systems manufacturer CASKA, owned by China-based Coagent Electronics S&T Co, is planning to set up a research and development (R&D) centre either in Chennai or Bangalore by June, a company official said Thursday.

Pakistani FM leaves for Turkmenistan to discuss gas line, trade ties

April 19, 2012 at 2:54 PM

Islamabad, April 19 (Xinhua-ANI): Pakistan Foreign Minister Hina Rabbani Khar has left for Turkmenistan to discuss the multibillion gas pipeline, import of 1000-MW electricity and other issues to boost trade, the Foreign Ministry said Thursday.

Armaan on pace at the Auto Speedway

April 18, 2012 at 8:29 PM

Fontana (California), April 18 (IANS) India's Armaan Ebrahim had his first taste of an oval circuit in the United States as he warmed up to the challenge by getting up to speed after a few tentative laps around the 3.22 Kms long Auto Club Speedway during the Firestone Indy Lights test session here.

Adi Godrej is new CII president

April 18, 2012 at 8:21 PM

New Delhi, April 18 (IANS) Godrej Group Chairman Adi Godrej has been elected as the president of the Confederation of Indian Industry (CII) for 2012-13.

Sensex closes 0.2 percent higher at 17,392.39 points (Intro Roundup)

April 18, 2012 at 7:17 PM

Mumbai, April 18 (IANS) A benchmark index for Indian equities markets closed 34.45 points or 0.2 percent higher Wednesday, a day after the Reserve Bank of India (RBI) announced a cut in key interest rate.

Sensex closes at 34 points (Roundup)

April 18, 2012 at 5:17 PM

Mumbai, April 18 (IANS) A benchmark index for Indian equities markets closed 34.45 points or 0.20 percent higher Wednesday, a day after the Reserve Bank of India (RBI) announced a cut in key interest rate.

Sensex rises 89 points

April 18, 2012 at 4:13 PM

Mumbai, April 18 (IANS) A benchmark index for Indian equities markets was trading 89 points or 0.51 percent higher Wednesday, a day after the Reserve Bank of India (RBI) announced the cut in interest rates.

Auto industry welcomes rate cut

April 17, 2012 at 6:37 PM

New Delhi, April 17 (IANS) The Indian automobile industry, which struggled with a sluggish market last year due to high interest rates, Tuesday welcomed the Reserve Bank of India's (RBI) decision to cut key lending rates by 50 basis points, saying the move will boost buyers' sentiments.

Tilaknagar Industries' plants get 'mega project' status

April 17, 2012 at 2:02 PM

Mumbai, April 17 (IANS) Liqour maker Tilaknagar Industries' new facility has been accorded "mega project" status by the Maharashtra government.

Pakistani designers take back bagfuls of business - and memories

April 16, 2012 at 5:31 PM

New Delhi, April 16 (IANS) They travelled from Pakistan to India with limited stock, and an aim to explore the fashion market. But designers from across the border, who participated in the Lifestyle Pakistan Expo here, packed up their bags with good business and fond memories of the nation.

Mumbai commuters hit by auto strike

April 16, 2012 at 2:59 PM

Mumbai, April 16 (ANI): Commuters in Mumbai were left stranded on Monday by a strike that was spearheaded by a Nationalist Congress Party-led auto-rickshaw union.

Pakistan fashion fraternity eyes franchises, collaborations in India

April 16, 2012 at 1:15 PM

New Delhi, April 16 (IANS) Pakistan's fashion fraternity has welcomed India and Pakistan's decision to open more trade routes and hope to expand their reach by collaborating with Indian wholesalers, brands and opening retail outlets here.

'Invest in research, technology for future of IITs'

April 16, 2012 at 10:43 AM

New Delhi, April 16 (IANS) Increased investment in research, higher monetary assistance and development of technology for industries are the three steps that will ensure a bright future for the Indian Institutes of Technology, says deputy director of IIT-Delhi M. Balakrishnan.

Maruti launches Ertiga, starting at Rs 5.89 lakh

April 12, 2012 at 4:06 PM

India's largest car manufacturer company Maruti Suzuki has launched its utility vehicle Ertiga that will come in both petrol and diesel versions.

Sensex closes 44 points down

April 11, 2012 at 4:27 PM

Mumbai, April 11 (IANS) A benchmark index for Indian equities markets closed 44 points down in lackluster trading Wednesday, largely due to heavy selling pressure in metal stocks.

Sensex slips 100 points; metal, telecom stocks slump

April 11, 2012 at 1:00 PM

Mumbai, April 11 (IANS) A benchmark index for Indian equities markets fell nearly 100 points in the afternoon session Wednesday due to selling pressure in metal, telecom and oil and gas stocks.

Pak to table draft law to counter increasing militant use of IEDs under US pressure

April 9, 2012 at 2:27 PM

Islamabad, Apr 9(ANI): Pakistan is likely to table a draft legislation to counter the increasing use of Improvised Explosive Devises (IEDs) by militants on both sides of the Pakistan-Afghan border following constant pressure by the United Sates on the issue.

BHEL FPO on hold, profit rises 14.3 percent in 2011-12

April 3, 2012 at 6:24 PM

Mumbai, April 3 (IANS) State-owned Bharat Heavy Electricals Ltd (BHEL) Tuesday said its follow on offer (FPO) for which the draft prospectus was filed with the Securities and Exchange Board of India (SEBI) last year has been put off.

Auto strike in Kolkata hits commuters

April 3, 2012 at 5:29 PM

Kolkata, Apr 3 (ANI): Auto-rickshaw drivers in Kolkata went off the roads on Tuesday as a mark of protest against the government's decision to hike the prices of fuel.

Indorama to invest Rs.1,000 crore in Himachal project

April 3, 2012 at 5:04 PM

Chandigarh, April 3 (IANS) Indorama Industries, which claims to be the largest producer of polyester in the world, Tuesday said that it is investing Rs.1,000 crore at its new plant in Himachal Pradesh's industrial town of Baddi.

Kolkata auto rickshaw drivers go on rampage, strike over fuel price hike

April 3, 2012 at 2:56 PM

Kolkata, Apr.3 (ANI): Kolkata's auto rickshaw drivers went on a rampage in different parts of the city on Tuesday and held rush hour traffic to ransom in protest over the fuel price hike.

Bajaj Auto's March sales up nine percent

April 3, 2012 at 2:00 PM

New Delhi, April 3 (IANS) Two and three wheeler manufacturer Bajaj Auto Tuesday reported an increase of nine percent in its monthly sales for March at 335,515 units - up from 307,741 units sold in the like period of 2011.

Tendulkar hands over Mumbai Indians captaincy to Harbhajan

April 2, 2012 at 9:20 PM

Mumbai, Apr. 2 (ANI): Master blaster Sachin Tendulkar on Monday handed over the captaincy of Mumbai Indians in the fifth edition of Indian Premier League (IPL) tournament to off-spinner Harbhajan Singh.

Sensex closes 74 points higher

April 2, 2012 at 4:24 PM

Mumbai, April 2 (IANS) A benchmark index for Indian equities markets closed 74 points higher Monday, the first trading day of 2012-13, on the back of good buying support in real estate, power and banking stocks.

Now, an espresso machine for your car

March 31, 2012 at 6:08 PM

London, Mar 31 (ANI): A Danish innovator has designed the first ever espresso machine for a car so that drivers can grab a quick coffee while they are on the move.

Globalisation is a double-edged sword for India, says RBI governor

March 31, 2012 at 12:43 PM

The increasing alliance of India with the global economy is a big challenge as well as opportunity for the country as globalization is a double-edged sword, said D. Subbarao, Governer, Reserve Bank of India (RBI) on Friday while addressing the...

Globalisation double-edged sword for India: Subbarao

March 30, 2012 at 10:22 PM

Bangalore, March 30 (IANS) The increasing integration of India with the global economy poses a challenge and opportunity for the country as globalisation is a double-edged sword, Reserve Bank of India (RBI) governor D. Subbarao said late Friday.

Direct tax code to be made operational by next year: Pranab Mukherjee

March 24, 2012 at 4:48 PM

New Delhi, Mar 24 (ANI): Union Finance Minister Pranab Mukherjee on Saturday said the Direct Tax Code (DTC) would be made operational by next year.

Auto driver beaten to death in road rage

March 23, 2012 at 8:01 PM

New Delhi, March 23 (IANS) In another incident of road rage in the national capital, an autorickshaw driver was beaten to death after his three-wheeler hit an Innova car, leading to a fight, police said Friday.

Gas policy reforms will incentivise production, draw investors: PM

March 23, 2012 at 8:01 PM

New Delhi, March 23 (IANS) The government is looking at reforming its gas pricing policy to attract investors, Prime Minister Manmohan Singh said Friday, adding that remunerative prices were necessary to draw private players with expertise in the sector.

India providing industrial training to Afghan students to open up new employment avenues for them b

March 23, 2012 at 12:00 PM

New Delhi, Mar 22 (ANI): A group of Afghan students are learning entrepreneurial skills in an Entrepreneurship Development Programme at the Technical Service Center of the government-run National Small Industries Corporation (NSIC) Limited here.

Excise duty on 'demerit' goods hiked as a measure for additional resource mobilization

March 16, 2012 at 9:39 PM

New Delhi, Mar 16 (ANI): The Union Budget 2012-13 proposes to increase excise duty on 'demerit' goods such as certain cigarettes, hand rolled bidis, pan masala, gutka, chewing tobacco, unmanufactured tobacco and zarda scented tobacco.

Excise duty on 'demerit' goods hiked as a measure for additional resource mobilization

March 16, 2012 at 3:52 PM

New Delhi, Mar 16 (ANI): The Union Budget 2012-13 proposes to increase excise duty on 'demerit' goods such as certain cigarettes, hand rolled bidis, pan masala, gutka, chewing tobacco, unmanufactured tobacco and zarda scented tobacco.

Nancy Dell'Olio set to meet Prince Harry again

March 14, 2012 at 9:33 PM

London, Mar 14 (ANI): Nancy Dell'Olio revealed that she will meet Prince Harry once more but didn't disclose where and when.

Confederation of Industries calls the railway budget as balanced

March 14, 2012 at 9:32 PM

New Delhi, Mar 14 (ANI): The Confederation of Indian Industries (CII) on Wednesday called the Rail Budget presented by Railways Minister Dinesh Trivedi as balanced.

Nancy Dell'Olio set to meet Prince Harry again

March 14, 2012 at 5:56 PM

London, Mar 14 (ANI): Nancy Dell'Olio revealed that she will meet Prince Harry once more but didn't disclose where and when.

'Confident' Obama sheds 'underdog' status to gain power for next five years

March 13, 2012 at 9:08 PM

Washington, Mar 13 (ANI): US President Barack Obama has said seems to have shed his 'underdog' status, as he appeared very confident while claiming that he would return back to power for the next five years.

'Confident' Obama sheds 'underdog' status to gain power for next five years

March 13, 2012 at 2:20 PM

Washington, Mar 13 (ANI): US President Barack Obama has said seems to have shed his 'underdog' status, as he appeared very confident while claiming that he would return back to power for the next five years.

ANAND SHARMA INAUGURATES AAHAR 2012

March 13, 2012 at 11:58 AM

Inaugurating the 27th edition of AAHAR: the International Food and Hospitality Fair, Shri Anand Sharma emphasized on creating an integrated value chain in the food processing and hospitality sectors to enhance India's shares in global exports....

Mukesh Ambani tops Forbes' Indian rich list again

March 9, 2012 at 9:26 PM

Mumbai, Mar 9(ANI): Indian business tycoon and Reliance Industries chairman Mukesh Ambani has topped the Forbes' Indian richest billionaires' list again.

Mukesh Ambani tops Forbes' Indian rich list again

March 9, 2012 at 12:39 PM

Mumbai, Mar 9(ANI): Indian business tycoon and Reliance Industries chairman Mukesh Ambani has topped the Forbes' Indian richest billionaires' list again.

Women dominated workplaces turn 'pink ghettos' with less male presence

March 7, 2012 at 9:05 PM

Melbourne, Mar 7 (ANI): Industries like public relations and human resources are becoming highly feminised industries dominated by women and are branded 'pink ghettos', according to a new report.

Women dominated workplaces turn 'pink ghettos' with less male presence

March 7, 2012 at 8:07 PM

Melbourne, Mar 7 (ANI): Industries like public relations and human resources are becoming highly feminised industries dominated by women and are branded 'pink ghettos', according to a new report.

75 pc Oz kids believe cotton comes from animals

March 5, 2012 at 9:44 PM

Melbourne, Mar 5 (ANI): Three-quarters of Australian children in their final year of primary school believe that cotton socks are derived from animals and 27 percent are convinced yoghurt comes from plants, a new survey has revealed.

75 pc Oz kids believe cotton comes from animals

March 5, 2012 at 5:18 PM

Melbourne, Mar 5 (ANI): Three-quarters of Australian children in their final year of primary school believe that cotton socks are derived from animals and 27 percent are convinced yoghurt comes from plants, a new survey has revealed.

Nearly 50 pc of young women prefer larger boobs than high IQ

March 1, 2012 at 9:28 PM

London, Mar 1 (ANI): Almost half of young women aged 18 to 25 would rather have larger breasts than high intelligence and a third would readily swap IQ for bigger boobs, a new study has revealed.

Nearly 50 pc of young women prefer larger boobs than high IQ

March 1, 2012 at 12:40 PM

London, Mar 1 (ANI): Almost half of young women aged 18 to 25 would rather have larger breasts than high intelligence and a third would readily swap IQ for bigger boobs, a new study has revealed.

Tom Cruise's Porsche from 'Risky Business' fetches $49k

February 15, 2012 at 6:26 PM

Washington, Feb 15 (ANI): The Porsche 928 which Tom Cruise drove in 'Risky Business' has been sold for 49,000 dollars by a Beverly Hills car dealer.

Apple supplier Foxconn hacked in factory protest

February 10, 2012 at 4:37 PM

Washington, Feb.10 (ANI): Apple's controversial Chinese supplier Foxconn was battling on Thursday to contain a security breach after hackers joined the mounting protest over iPhone factory conditions by leaking the login details of its entire staff.

Turkey delivers three modernized F-16 aircrafts to Pakistan

February 9, 2012 at 8:23 PM

Ankara, Feb 9 (ANI): Turkish Aerospace Industries Inc. (TUSAS) has delivered three modernized F-16 aircraft to Pakistani Air Forces.

Nokia Lumia 710 T-Mobile

January 23, 2012 at 12:40 PM

Nokia Lumia 710 T-Mobile is the second Windows-based smartphone launched after the tie up of Nokia and Microsoft. Unlike Nokia Lumia 800, it is said to be targeting the low-end customers. It is said to be available in just 49.99 USD in America.

Soon, 'auto-pilot' car that drives itself at up to 80mph

January 17, 2012 at 3:08 PM

London, Jan 17 (ANI): A leading carmaker has developed a new temporary auto pilot system that takes complete control over braking, steering and speeds up to 80mph, without letting the drivers do a thing.

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