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The company is in advanced stages of discussion with Mahindra to decide the course of action for MRPL as a business, and Logan as a product, MRPL country director Marc Nassif said Go to Source

Car makers sold 145,905 units in January, a 32% jump over a year ago and also the highest ever, according to data from Siam Go to Source

It may not be prudent for investors to jump in yet as full-year results would still see losses Go to Source

Goodyear Tire and Rubber Co., which owns 74% of the subsidiary, will pay Rs245 apiece to buy the remaining shares and delist them from the BSE Go to Source

Improving GDP growth augurs well for the sector, as higher disposable income levels should see it gradually returning to the growth levels seen a few years ago Go to Source

Coupled with the likely hike in excise rates, auto companies would be forced to raise prices by 6-10%, leaving little room to increase prices further to accommodate rising commodity costs Go to Source

Domestic passenger car sales have increased 32.28 per cent at 1,45,905 units in January from 1,10,300 units in the same month last year. Go to Source

Dollar selling by exporters and gains in the local equities market today helped the Indian rupee recover by 16 paise against the US dollar, snapping its three-session of losses. Go to Source

The revival in the economic growth will not only push up average income of people but will also help the government reduce the fiscal deficit. Go to Source

This could well be the ultimate irony of the controversial Air India-Indian Airlines merger that saw the domestic arm’s identity getting lost. Go to Source

The finance ministry on Monday approved issue of bonds by railways worth Rs 5,000 crore for the financial year ending March 31, 2010. Go to Source

The finance ministry on Monday approved issue of bonds by railways worth Rs 5,000 crore for the financial year ending March 31, 2010. Go to Source

The Indian economy will grow at 7.2% in 2009-10, said the Central Statistical Organisation (CSO) on Monday in its advance estimate. Go to Source

Environment and forests minister Jairam Ramesh said there was “no clear consensus” among the scientists and stakeholders on giving permission to Bt Brinjal, adding more studies needed to be conducted Go to Source

Food inflation may be a bane for the economy, but India appears to be capitalising on the shortage of onion and has exported the commodity at a record Rs 23 a kg in the beginning of 2010. The export price is almost at par with the domestic sale price, experts say and attribute the high [...]

Environment and forests minister Jairam Ramesh said there was “no clear consensus” among the scientists and stakeholders on giving permission to Bt Brinjal, adding more studies needed to be conducted Go to Source

Company to take final decision on JV in 30-45 days; Renault India to set up own dealership network; Logan sedan has faced declining sales on pricing issues Go to Source

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Dollar selling by exporters and gains in the local equities market helped the rupee recover by 16 paise against the US dollar, snapping its three-session of losses. Go to Source

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