Saturday, September 6, 2008

Business News

Business News

Fiat wants to drive JLR with Tata

Posted: 06 Sep 2008 12:35 AM CDT

After forming a joint venture with Tata Motors for cars in India, Italian auto major Fiat is now looking to partner the Indian company for Jaguar and Land Rover brands or JLR.

High gas prices close most of India's tile-making units

Posted: 05 Sep 2008 11:43 PM CDT

Ahmedabad, Sep 6 (IANS) The tile industry in Gujarat's Morbi town, which accounts for about 70 percent of all tiles made in India, is on the verge of collapse due to high fuel prices. About 80 percent of the 200-odd manufacturers have already downed shutters.

Kerala poverty alleviation programme spawns event management group

Posted: 05 Sep 2008 11:39 PM CDT

Kozhikode, Sep 6 (IANS) A poverty eradication programme in Kerala has spawned an event management group that manages no high profile functions but organises fairs to market products of self-help neighbourhood groups.

US government to seize Fannie Mae, Freddie Mac: Report

Posted: 05 Sep 2008 11:36 PM CDT

Washington, Sep 6 (DPA) The US government was preparing to take over and bail out the twin mortgage finance giants Fannie Mae and Freddie Mac, according to a New York Times report that cited officials and company executives who have been briefed on the plan.

Boeing machinists to strike, as contract talks fail

Posted: 05 Sep 2008 10:35 PM CDT

By Bill Rigby and Laura Myers

Wall St Week Ahead - Battered stocks face another tough week

Posted: 05 Sep 2008 06:03 PM CDT

By Steven C. Johnson

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