Business News

Tata Motors to hold news conference in Gujarat Posted: 07 Oct 2008 02:22 AM CDT MUMBAI (Reuters) - Tata Motors Ltd, which is looking for a new home for a plant to make the ultra low-cost Nano car, will hold a news conference later on Tuesday in Gujarat, a spokesman said.

Bajaj Elec sees FY09 revenues cross 17 bln rupees Posted: 07 Oct 2008 02:22 AM CDT MUMBAI (Reuters) - Lighting products and electrical appliancs maker Bajaj Electricals Ltd expects revenues in the year to March 2009 to cross 17 billion rupeees, its chairman said on Tuesday.

India remains upbeat on growth despite mkt turmoil Posted: 07 Oct 2008 02:21 AM CDT By Surojit Gupta

Bharti to launch DTH services on Oct. 9 Posted: 07 Oct 2008 02:15 AM CDT NEW DELHI (Reuters) - Bharti Airtel Ltd, India's top telecoms firm, said on Tuesday it would launch direct-to-home (DTH) satellite television services from Oct. 9, initially in 62 cities.

Rupee falls to lowest since Dec 2002 Posted: 07 Oct 2008 01:53 AM CDT MUMBAI (Reuters) - The rupee fell to its lowest since December 2002 on Tuesday, weighed down by a stronger dollar overseas and losses in the local stock market which raised concerns on more foreign fund outflows.

Gold rides on rising oil, extends 4 percent gain Posted: 07 Oct 2008 01:51 AM CDT By Lewa Pardomuan

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