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Federal may give nod for Catholic Syrian merger in 3 months
Kerala-based private sector lender Federal Bank is likely to approve the merger of the state-based Catholic Syrian Bank (CSB) within the next three months as it has already completed the due diligence.

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Zenotech Labs June qtr net loss widens to Rs 3.41 cr
Drug maker Zenotech Laboratories today said reported Rs 3.41 crore loss for the quarter ended June 30, against a net loss of Rs 2.66 crore in the same period previous fiscal.

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Corps to ignore Bollywood in favour of Hollywood: study
The Indian entertainment and media (E&M) corporates will prefer Hollywood over Bollywood in terms of investment in the near future, as over 90 per cent of the Bollywood movies flop annually, a study said.
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Toyota launches new Land Cruiser Prado

Toyota Motor Corp launched a fully remodeled Land Cruiser Prado sport utility vehicle in the Japanese market today, with improved on-and-off road performance. - Volkswagen group to make Malaysia auto parts sourcing hub - Ford to up India output by over 30% ahead of festive season - Car sales continue to grow for seventh month in Aug - Honda Siel to export engine parts to Japan from Oct - DCM Eng in talks with global CV makers to supply new castings - Toyota patent trade case Toyota set its monthly sales target for the fourth- generation new Land Cruiser Prado, a midsize four-wheel drive vehicle, at 1,000 units. Toyota said specific improvements include a roomier cabin with increased space between the front and second-row seats, enhancements to the time-tested full-frame structure and higher body rigidity, making the ride even more comfortable. The adoption of a kinetic dynamic suspension system also allows for more stable driving at city and highway speeds, and a "crawl control" feature enhances rough-road compatibility, Toyota said.


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