INTERNATIONAL Chrysler’s Smart Car selling more in Italy than in France Rome: Rome's crazy traffic jams and the lack of parking space have proved a boon for DaimlerChrysler, builders of the mini two-seater Smart car, which is selling better in Italy than in France, where it is built.
NATIONAL White elephants hurt SAIL business plans Kolkata: The business restructuring of Steel Authority of India Ltd (SAIL) has run into rough weather with the company facing difficulty in hiving off Salem steel plant (SSP) and Alloy steel plant (ASP), besides failing to implement the strategic business unit plan.
RBI to cut CRR by 50 points from June 15 Mumbai: The Reserve Bank of India on April 29 announced a cut in the Cash Reserve Ratio (CRR) by 50 basis points effective fortnight of June 15.
Equities resume on weak note on distress selling Mumbai: Depressed sentiment prevailed at Bombay Stock Exchange (BSE) on April 29 with share values resuming on a weak note following distress selling by operators on the back of negative advices from New York.
