Business News

Sun sets on India's beloved scooter

There was the years-long waiting list to buy it and the jealous stares once you finally got it home. There was the pride of that first ride when, weaving through the streets, you knew that you'd finally — finally! — made it to the middle…

Get set for petrol price hike, cooking gas cylinder quota

New Delhi, Feb. 2 -- Now, brace for a fuel price increase - mainly in petrol - and a ceiling on the number of cheap cooking gas cylinders per family. That's just what the doctor has ordered for a revenue-scarce government which has been silently…

Malaysia’s Air Asia to expand flights to five Indian cities

Kuala Lumpur, Jan.27 (ANI): Budget carrier Air Asia is expanding its “coverage” of India with flights to five more cities, including the capital, New Delhi, from April.According to The Star, the other new routes are to Chennai, Bangalore, Hyderabad and Mumbai.All flights will…

Tata Motors eye launching Nano car in U.S

New Delhi, Jan 6 (ANI): Tata Motors may consider launching its ultra-cheap Nano car in the United States in three years, Group chairman Ratan Tata has said, following possible sales in Europe by the end of 2011. "We also recognise there is a market (for…

Mercedes to launch AMG Desert Gold in India

New Delhi, Jan 6 (ANI): Mercedes-Benz India showcased two new cars--SLS AMG Desert Gold and the hatchback coupe Concept Fascination-- at the ongoing auto expo here on Tuesday. Wilfried Aulbur, Mercedes-Benz India Managing Director and Chief Executive, said the AMG Desert Gold, priced at nearly…

Ashok Leyland unveils its new range of trucks

New Delhi, Jan 3 (ANI): Commercial automobile manufacturer Ashok Leyland has launched its new truck platform named U-Truck in the versions of a tipper and a tractor.On the launch, it was revealed that the futuristic platform called U-Truck will have 25 fully built tractors…

BSE and NSE to function at new timings from January 4

Mumbai, Jan 4 (ANI): The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) new timings for trade from Monday will be 9 a.m. instead of 9:55 a.m. The bourses will close the trade at the usual time of 3:30 p.m.The decision to…

Honda''s compact cars to cost less than Rs 5 lakhs

New Delhi, Jan 5 (ANI): Japan'' Honda Motor Co declared on Tuesday that it would begin the sale of its new compact car in India by 2011 at a price less than Rs 5,00,000.Honda Motor Co''s five-seater family car based on the ''Honda New…

Power trading in India still at nascent stage: Study

Mumbai, Dec 14 (ANI): A recent study of the power sector has opined that the power trading in India is still at nascent stage. According to a study conducted by Ambit research, the power traded, in volume terms, is just 8.1 percent of total power…

Advertisements ''increasingly aimed at kids’

London, December 15 (ANI): Kids are increasingly pestering their parents to buy them posh brands and latest technology, thanks to the rise of “aggressive” advertising aimed at them, says a study. Prof David Buckingham, from the Institute of Education, part of the University of London,…

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