Govt Was Quite Conscious Of The Loads On The Common Man, Says Murli Deora

Govt Was Quite Conscious Of The Loads On The Common Man, Says Murli DeoraAccording to the administration, the recent increase in fuel rates has translated into an extra load of less than a rupee on LPG and 50 paisa on kerosene daily as an united opposition stalled parliament proceedings over the growing food inflation.

Euro / Dollar Technical Forex Analysis for Forex Traders

The Euro survived just above the support we presented in yesterday’s report 1.2883 with amazing accuracy (yesterday’s low was 1.2886).

Logan gets a new slogan

Logan gets a new slogan  One cannot show back to the fact that the no-frills sedan launched by Mahindra & Renault in the JV agreement in the Indian market hasn't really been able to create the magic in the Indian market. However, after Mahindra purchased the stake of Renault a few months back, the home-grown auto major is trying its level best to ensure that the product is able to bank a healthy no of units from the domestic circuit. Recently, the company has launched a new marketing campaign for the Logan with a tagline of Logan loves India.

Competition rising for Alto

Competition rising for Alto  There is no denying to the fact that the small car segment has been the bread and butter for the market leader in the passenger car market - Maruti Suzuki but the segment is expected to see more fireworks in the coming times. While Maruti is planning to launch the Alto by next month in the Indian market, the competition is also firming up plans to give the market leader an optimal answer in the form of their respective hatchbacks.

Tony Hayward To Quit BP In October

Tony Hayward To Quit BP In OctoberBP chief executive Tony Hayward will quit on Oct 1 following the oil disaster in the Gulf of Mexico.

The company made this declaration today.

Tony, who has been with BP for the last 28 years, had been severely criticized for his handling of the disaster.

He is likely to be succeeded by Robert Dudley, a US citizen, at the helm of Britain's largest company.

The news came as the company declared a loss of $17.1 billion in its second quarter, mainly because of costs involved in cleaning up the oil spill.

Maruti announces a fall in profits

Maruti announces a fall in profits   The country's leading auto major has surely been the apple of the eye of many industry experts but it's recently announced Q1 results for the fiscal have been a party spoiler. In fact, the company has reported a 20% decline in net profit at Rs 465 crore for the first quarter on higher raw material costs and royalty and lower other income.

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