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SRF to widen technical textiles portfolio
SRF Ltd, a leading manufacturer of technical textile products, is planning to add to its product portfolio by entering the lamination fabric industry. The company, which primarily relies on manufacture of nylon tyre cord, wishes to reduce its dependence on this.

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Govt appoints 7 bank executive directors
After sitting over the proposal for several months, the government has finally appointed seven executive directors (EDs) in as many banks.

News of the day

Don't forget the home ground
News reports in business dailies, including this one, tell us almost every day that India and Asia continue to grow at a robust rate. While developed nations are still suffering from the effects of the recession, India and most of Asia are clocking impressive growth rates.
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Domestic passenger car sales jump 40% in Dec

Domestic passenger car sales jumped by 40.27 per cent to 1,15,268 units in December last year. - Total auto sales jump 68% to 1 mn units in Dec - Ku Klux Klan cartoon in Indian paper angers Australia - Race to lower car loan rate hots up - Subir Roy: An unbearable greyness">Subir Roy: An unbearable greyness - Ghosn overruling electric engineers - ICICI, Axis cut car loan rates Total passenger car sales were 82,174 units in the same month 2008. Motorcycle sales were up by 76.70 per cent at 5,92,596 units in last month compared to 3,35,370 units in the year-ago month, Society of Indian Automobile Manufacturers (SIAM) said at the 10th Auto Expo here. Total two-wheeler sales rose to 7,67,796 units in December 2009 from 4,60,852 units in the corresponding month in 2008, a growth of 66.60 per cent, SIAM said. The sale of commercial vehicles jumped by nearly three-fold to 48,614 units in the month compared to 17,897 units in the same month previous year, it added. The total auto sales were 10,00,500 units in December against 5,97,241 units in the same month in 2008.


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