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(Updated 1259 hrs)
Published July 10, 2009, 3:29 am, Business Standard India
Praj Industries finally plummeted over 8% to Rs 76. The stock touched a day's low of Rs 75. The counter has clocked a volume of around 1.1 million shares against its two-week average traded quantity of 846,298 shares.
'Speed up re-structuring process of Air India'
Published July 10, 2009, 3:29 am, Business Standard India
A member of the ruling Congress today demanded review of the policy of distributing air traffic rights among various Indian air carriers alleging that private airlines were given more profitable routes.
Tata Motors launches Jaguar XJ in London
Published July 10, 2009, 3:29 am, Business Standard India
Tata-owned Jaguar has unveiled its luxury car Sedan XJ in both petrol and diesel versions in London, priced at 52,500 pounds (over Rs 41 lakh). "These are truly exciting times for us at Jaguar.
Tech Mahindra gets 43 percent stake in Satyam
Published July 10, 2009, 3:26 am, New Kerala
Mumbai, July 10 : Mahindra Satyam, formerly Satyam Computer Services, Friday said it has allotted 198.6 million shares to Venturebay Consultants, a Tech Mahindra arm.
Dharavi: Redevelopment or land grab?
Published July 10, 2009, 3:25 am, NDTV
Dharavi: Redevelopment or land grab? Dharavi is almost a city within a city - 535 acres with five lakh residents. It is a mammoth slum, and Maharashtra government hopes to transform with its grand makeover plan.
Speed up re-structuring process of Air India: Nirupam
Published July 10, 2009, 3:15 am, Press Trust of India
New Delhi, Jul 10 (PTI) A member of the ruling Congress today demanded review of the policy of distributing air traffic rights among various Indian air carriers alleging that private airlines were given more profitable routes.
UPDATE: Industry grows 2.7% in May, up from 1.2% in April
Published July 10, 2009, 3:14 am, Business Standard India
Showing signs of economic recovery, industry grew 2.7 per cent in May though the growth is much lower than the 4.4 per cent recorded in the corresponding month last year.
(Updated at 1507
Published July 10, 2009, 3:14 am, Business Standard India
The Sensex finally ended (provisional) at 13,439, down 320points. ___________________________________________________ The Sensex after touching a high of 13,897, has plunged into red and is now at 13,492. It is down 264 points.
3M to enhance its R&D capabilities in India
Published July 10, 2009, 3:14 am, Business Standard India
3M India, the subsidiary of $25.3 billion diversified technology focussed 3M Corporation, is expanding the company’s R&D capabilities in India with an aim of meeting the growing local needs.
Suzuki smiles after selling 100 units of Rs 12.5 lakh bikes
Published July 10, 2009, 3:14 am, Business Standard India
At a time when over two lakh people queue up to own a car for just over Rs 1 lakh, Japanese two-wheeler maker Suzuki has managed to sell around 100 units of two of its super bikes in India for prices as high as Rs 12.5 lakh each.
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