The China Association of Automobile Manufacturers expects car sales and output to top 13 million for the full year, the Xinhua News Agency reported. China has never produced more than 10 million cars in one year before. State incentives have boosted car sales, and the government has

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Aegis Logistics approves Buy-back of shares Aegis Logistics Ltd has announced that the Board of of the Company at its meeting held on July 09, 2009, has passed a resolution approving buy-back of shares through open market purchases through Stock Exchange upto a maximum price of Rs 143/- per share for a total value

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Tata Steel Ltd has announced that Corus and Klesch & Company have signed Share Purchase Agreement for acquisition of Corus’ aluminium smelters by Briand Investments B.V., an affiliate of Klesch.

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Bank of India Credit Rating Bank of India has announced that the Brickwork Rating India Pvt. Ltd has assigned a BWR AAA + (Triple A Plus)) to the Bank, which stands for Issuers to offer the BEST creditworthiness.

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ICICI Bank to lower rates as New Year gift The customers of ICICI Bank will get their New Year gift in the form of cut in interest rates, its CEO and Managing Director K V Kamath said today. “We are looking at cutting interest rates very early in January for our housing and other loan [...]

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Gulf Oil Corporation – Equity Shareholders & Unsecured Creditors to approve Scheme of Arrangement Gulf Oil Corporation Ltd has announced that pursuant to the order made by the High Court of Judicature of Andhra Pradesh at Hyderabad, a meeting of the Equity Shareholders & Unsecured Creditors of the Company will be held on January 12, [...]

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bsnl broadband tariff/cost | bsnl broadband plans Bsnl just launched new low cost dataone broadband plan Rs125/month where you get 150MB of download/upload per month and additional cost of Rs0.90/1 MB for extra usage. Bsnl also just launched new Rs500 unlimited broadband plan with speed of 256 Kbps (Launch date 1 Sept 2010). This plan [...]

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Cinemax India – Opening of Three Screens Multiplex at Eternity Mall, Nagpur Cinemax India Ltd has announced that the Company will be Launching the Company’s Three Screens Multiplex at Eternity Mall, Variety Square, Sitabudi, Nagpur. The multiplex will be open to the audiences with screening of block buster movie ‘Sarkar Raj’ and the eagerly awaited [...]

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Allahabad Bank – Dividend Allahabad Bank has announced that the Board of Directors of the Bank in its meeting held on June 13, 2008 have decided to recommend an increase in dividend @ 35% for the financial year 2007-08 instead of 30%

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