Tuesday, March 5, 2013

Business:3/5/2013 11:00:10 AM



Mahindra Reva to launch electric car e2o this month

Mahindra Reva, part of the Mahindra Group, today said it will launch its new generation electric vehicle, e2o in the middle of this month.






Maruti launches limited edition of Estilo

The added new features in the car include leather seat covers, double-din sound system with USB, dual tone interiors, body graphics, full wheel covers and beige parcel tray.






Rupee closes 6 paise down against dollar

The rupee surrendered initial gains and closed six paise lower at 54.92 on late demand for the American currency from importers.






Domestic air traffic declined in January: IATA

India's domestic air traffic declined by almost five% in January even though the overall global market showed an upswing with China becoming the second largest domestic market worldwide, IATA said today.






Sensex gains 265pts on rate cut hopes

The BSE benchmark sensex today regained 19,000 level by surging the most in three months led by buying on hopes of more measures to boost economic growth and interest rate cut amid a rally in global markets.








'Current account deficit biggest concern'

India's record high current account deficit is the country's biggest concern, finance ministry's chief economic adviser Raghuram Rajan said on Tuesday.






Service sector growth falls sharply in February: Poll

The HSBC services Purchasing Managers' Index, based on a survey of around 400 companies, fell to 54.2 in February from a one-year high of 57.5 in January. It was the biggest one-month fall in nearly a year.






Rupee up 11 paise against dollar in early trade

The rupee today appreciated by 11 paise to 54.75 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on selling of the US currency by exporters.






Rupee up 11 paise against dollar in early trade

The rupee today appreciated by 11 paise to 54.75 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on selling of the US currency by exporters.








Sensex regains 19k level; up 151 points

The BSE benchmark Sensex on Tuesday regained the psychological 19,000 level, by rising over 151 points in early trade on widespread buying by funds and retailers amid a firming Asian trend.




Sensex regains 19k level; up 151 points

The BSE benchmark Sensex on Tuesday regained the psychological 19,000 level, by rising over 151 points in early trade on widespread buying by funds and retailers amid a firming Asian trend.






Bayer loses cancer drug patent appeal

German multinational Bayer, which had appealed with IPAB against the compulsory licence granted last year by the Indian Patent office, told TOI that it was planning to file a writ in the Bombay High Court soon.






Bayer loses cancer drug patent appeal

German multinational Bayer, which had appealed with IPAB against the compulsory licence granted last year by the Indian Patent office, told TOI that it was planning to file a writ in the Bombay High Court soon.








CAD more worrying, says Chidambaram

The government on Monday announced its intent to woo foreign institutional investors (FIIs) at all cost, and urged individuals to shun gold in a bid to manage the widening current account deficit (CAD).




CAD more worrying, says Chidambaram

The government on Monday announced its intent to woo foreign institutional investors (FIIs) at all cost, and urged individuals to shun gold in a bid to manage the widening current account deficit (CAD).






Strong peso to boost desi non-voice business

Industry observers in India believe that while it may not lead to many changes in the voice outsourcing space, it opens up a window for increased competitiveness of India-based outsourcing operations in higher value outsourcing segments.




Strong peso to boost desi non-voice business

Industry observers in India believe that while it may not lead to many changes in the voice outsourcing space, it opens up a window for increased competitiveness of India-based outsourcing operations in higher value outsourcing segments.








McDonald's sourcing fish patty from Kerala

US fast food giant McDonald's Filet-O-Fish sandwich sold in India has got some Kerala taste and flavour.






McDonald's sourcing fish patty from Kerala

US fast food giant McDonald's Filet-O-Fish sandwich sold in India has got some Kerala taste and flavour.






Mahindra launches new Maxximo model

Auto major Mahindra & Mahindra today launched a new version of its light commercial vehicle Maxximo.






Hyundai launches special edition i10

The special edition will have features like rear-view parking camera and electro-chromic function on cabin rear view mirror and steering-mounted blue-tooth device.








Rupee hits near 2-month low

The rupee hit the lowest level in nearly two months on Monday before closing marginally stronger with exporter and corporate dollar sales aiding the recovery, though sentiment continues to remain bearish in the near term.






Sensex closes 40 points down on profit-booking

The BSE benchmark sensex today closed 40 points down on emergence of profit-booking by funds mainly in metal and realty sector stocks amid a weak global trend.






Indian women prefer more flexibility at work: Survey

Majority of working women in the country prefer greater flexibility at workplace and they define professional success as the right balance between work and personal life, says a survey.






'British companies looking for opportunities in India'

British companies are looking for opportunities in India, especially in the infrastructure space that is expected to see investments worth USD 1 trillion in five years, according to global consultancy Deloitte.






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