Business News

Nikkei ends at 5-mth low, tech shares lead falls Posted: 04 Sep 2008 02:21 AM CDT By Taiga Uranaka

Rohit Ferro expands capacity with new furnace Posted: 04 Sep 2008 01:48 AM CDT MUMBAI (Reuters) - Rohit Ferro-Tech Ltd said on Thursday the fifth furnace at its Bishnupur unit has started commercial production, thereby increasing the unit's capacity to 70,000 tonnes per annum.

Oil holds at $109 on demand concerns, storm threats Posted: 04 Sep 2008 01:44 AM CDT By Chua Baizhen

Moser Baer unit to raise 4.11 bln rupees Posted: 04 Sep 2008 01:43 AM CDT NEW DELHI (Reuters) - Moser Baer India Ltd said its wholly-owned subsidiary will raise 4.11 billion rupees from a consortium of global investors including Morgan Stanley and Credit Suisse, it said.

Car makers to adopt 100 industrial training schools Posted: 04 Sep 2008 12:15 AM CDT New Delhi, Sep 4 (IANS) Indian car makers will adopt 100 industrial training institutes (ITI) across the country in the next two years to generate skilled manpower, Society of Indian Automobile Manufacturers (SIAM) president Ravi Kant said here Thursday.

Hyundai to meet sales target for 2008 - exec Posted: 04 Sep 2008 12:06 AM CDT NEW DELHI (Reuters) - Hyundai Motor India Ltd expects to meet its sales target of 530,000 units in the year ending December 2008, helped by higher exports, its managing director told reporters on the sidelines of an industry conference.

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