India Business

DaimlerChrysler India To Launch Luxury Buses Shortly

DaimlerChrysler Ltd.Kolkata: DaimlerChrysler India managing director and CEO Wilfried G Aulbur, stated that the company will start making its high-tonnage Actros trucks at its subsisting plant at Chikhali, Pune by the end of this current fiscal (2007).

TCS Intends To Make Third Centre In China; To Appoint 4,000 More

Bangalore: TCSIn order to support its rising customer base in the country, Tata Consultancy Services (TCS) has

Wartsila To Create Assembling Unit In India

Wartsila CorporationHelsinki: Wartsila Corporation has planned to invest more than €5 mil

Maruti Wins Victory Over Its Indonesian Rivals

Maruti Udyog LtdNew Delhi: Maruti Udyog Ltd is ready to turn into big in the Indonesian small car market.

In the existing fiscal, the company has been capable of capturing around 60 per cent of the small car market in Indonesia with an export order worth 12,000 units, 1,000 units above what the company had told in June.

Forex Reserves Declines $2 Mn To $228,847 Mn

Foreign CurrencyOn the back of increase in foreign currency and assets collections, forex reserves have declined $2 million to $228,847 million as on Aug. 31, 2007.

According to the Reserve Bank of India (RBI) weekly statistical supplement released on Sept.7, 2007, foreign currency and assets came up to USD 4 million on the back of USD 221,509 million increase.

Fortis To Grab 48% Stake Of Malar Hospital

Fortis HealthcareNew Delhi/Chennai: The Fortis group is all set to grab 48% stake in Chennai-based Malar Hospital for about Rs 42 crore. This marks the group’s initial entry into South Indian market.

In north region, Fortis already has a network of 12 hospitals and 16 satellite and heart command centres.

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