Tatas trim holdings in group companies

Mercedes-Benz India sees lower sales in 2009

By: munishdung

Mercedes-Benz India expects 2009 sales to be lower than the previous year largely because of lower availability of credit and also due to the effect of the global economic crisis. The company sold 2,650 cars between January and October, said Wilfried Aulbur, Managing Director and CEO, Mercedes-Benz India. In 2008, the company had sold 3625 cars. ...

23 days ago

NTPC sale to fetch 1.8 billion dollars: Disinvestment Secretary

By: AMITOO2_44

A five percent stake sale of the state-run power producer National Thermal Power Corporation (NTPC) could fetch the government 1.8 billion dollars (81 billion rupees), Disinvestment Secretary Sunil Mitra said on Friday. Last week, the government mandated more sales of shares by state firms and changed the rules on how it can use the ...

23 days ago

Disinvestment Secretary: NTPC sale to fetch 1.8 billion dollars

By: munish25

A five percent stake sale of the state-run power producer National Thermal Power Corporation (NTPC) could fetch the government 1.8 billion dollars (81 billion rupees), Disinvestment Secretary Sunil Mitra said on Friday. Last week, the government mandated more sales of shares by state firms and changed the rules on how it can use the ...

23 days ago

RIL again tops valuable brands chart

By: ranjitsinha

In a year marred by the global financial crisis, stock market volatility and cost-cutting all around, India Inc has managed to retain a tally of 19 homegrown companies with a brand value of more than $1 billion each.  With just one company slipping below that mark — last year there were 20 companies with a brand value of more ...

17 days ago