Mahindra & Mahindra rolling Xylo micro-hybrid

Mahindra & Mahindra rolling Xylo micro-hybridMahindra & Mahindra expressed that it shall be rolling out on the red carpets the micro-hybrid version of its upcoming versatile machine Xylo prior to the year-end, as it moves up to launch two electric cars from the Reva string by the end of the year 2011.

Petrol prices to vary each fortnight

Oil-PriceThe state owned oil groups may select to modify the petrol prices each fortnight to mirror amendments in the global oil market in the free pricing establishment that gears up from the next week.

Petrol prices were made untied from the government jurisdiction in the previous month ensuing in an Rs 3.50 per liter inclination in the rates prevailing in Delhi, but   the modalities of consecutive retail price modification were missing in the industry to mull over and decide.

Food inflation diving by 12.63%

Food inflation diving by 12.63%For the week ending June 26 the food inflation dived down to 12.63% on the low priced potatoes and onions, however the same has pushed in some sigh of relief to the consumers as the fuel inflation busted up by 18.02%, putting the pressure on complete prices. During the previous week the food inflation was swinging at 12.92% and fuel inflation on 12.09%.

Reciting the hike in fuel inflation which was almost expected, DK Joshi, the chief economist of Crisil, voiced that this shall be mirrored in the complete inflation statistics by July, if not June.

IMF overvaluing US dollar

IMF overvaluing US dollarAmidst the jostle of keeping pace with the growing uncertainties, and proceed with the forecast for the global economic growth this year, the International Monetary Fund has astonishingly advanced its forecast for the same.

Moving further in the same arena the IMF has also toasted its prospects for the commodity prices, in spite of the mounting distress which is bringing dilemma in European nation that might ignite the chances of a second world financial crunch.

Mahindra’s US entry depends of lawsuit verdict

ScorpioThere is no denying of the fact that it has been quite a long time since the UV maker M&M has been keen on entering the US market with its pick-up trucks made on the Scorpio platform but the company hasn't been able to do so due to a host of hurdles.

With the latest being the lawsuit filed by its authorised exclusive distributor which has accused the company of missing two deadlines and taking too much time for entering the US market, the company has recently said that its entry will now be dependent on the outcome of the lawsuit.

Ruias need more time to decide on Ssangyong

Ssangyong-MotorsThe P K Ruia group ha

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