Popular Articles

Pharma 2009: No medicine to cure adversity
Indian pharma industry found that it had no medicine to cure adversities that came its way in 2009 -- when it battled shipment seizures by EU authorities, tightened US regulations, Chinese drug piracy and currency fluctuations.

Mamata dismisses Lalu Prasad's claims on Indian Railways' turnaround
Railway Minister and Trinamool Congress chief Mamata Banerjee today hit her predecessor Lalu Prasad where it hurt him most—on the supposed turnaround of Indian Railways during Prasad’s regime.

News of the day

India Inc commits Rs 4,500-crore investment in Maldives
Indian corporate houses have lined up investments worth $1 billion (around Rs 4,500 crore) in the Maldives, to fructify over the next two to three years. The houses include Tatas, Suzlon, GMR, Apollo Hospitals and Oberoi. “To attract more investment from India, the Maldivian government is planning to ease the procedures for India Inc and planning to offer various incentives,” said Ahmed Shaheed, the country’s foreign minister.
International Business

Tata Motors Dec sales more than doubles at 51,627 units

The country"s largest auto maker Tata Motors today said its total sales during December last year more than doubled to 51,627 units, up from 25,219 vehicles sold in December 2008. - Hero Honda clocks highest growth in 2009-10 - Domestic auto sales grow 49% in December - Auto cos end 2009 on a high note - Commexes sales can grow to Rs 80 lakh-cr in "10: FMC - Hero Honda sales jump 74% in December - Ford India posts 3% sales growth in 2009 The auto major"s total passenger vehicle sales and distribution in the domestic market recorded a 49% jump at 14,654 units compared to 9,838 vehicles in December 2008, the company said in a statement. The company"s exports jumped 161% at 3,454 vehicles in December last year compared to 1,325 vehicles in December 2008. "The growth in December 2009 has come over low sales in December 2008, impacted by the downturn in the automobile industry during that period," the statement said. The company sold 3,610 units of the world"s cheapest car Nano in December. It sold 4,228 units of the Indica range, a decline of 37% over December 2008. Indigo recorded sales of 5,106 units, a growth of 205%. The company sold 1,710 units in the Sumo and Safari range, registering a growth of 21%. In the commercial vehicles segment, December sales in the domestic market stood at 33,519 units, up 138% compared to 14,056 vehicles.


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