NATIONAL Toyota Kirloskar cuts prices of Corolla, Innova Toyota Kirloskar Motor (TKM) today (March 1, 2005) announced a cut in the price of Toyota Corolla by Rs 32,000 and of its recently launched Toyota Innova by Rs 14,000 on the ex-showroom price following customs duty reduction announced in the Union budget.
IA, AI may hive off ground handling, MRO wings With a view to make them independent profit centres and seek market abroad, the two public sector Indian carriers are planning to hive off their ground handling and maintenance, repair and overhaul (MRO) wings by forming joint ventures with foreign firms.
'Petrol and diesel prices to go up from April 1' Public sector oil firms are likely to pass on to consumers the 50 paise per litre increase in road cess on petrol and diesel but may have to bear the increased incidence of excise duty, denting their revenues by Rs 550 crore a month.
Sensex succumbs to profit selling; down by 63 pts The Sensex today (March 1, 2005) reacted sharply on heavy profit taking, undergoing a downward correction, as the euphoria over the budget receded and the benchmark fell by 62.78 points to close at 6651.08 at the Bombay Stock Exchange (BSE) even as the outlook remains positive.
'Budget cleans up tax regime, will spur investment' Finance Minister P Chidambaram today (Mar 1, 2005) said the budget has attempted to clean up the tax regime and aims at spurring investment and implementing the goals outlined in Government's National Common Minimum Programme.
Dell launches new 24-inch wide-screen monitor Dell, the worldwide leader in LCD monitor shipments, is giving customers an expanded multimedia experience with the introduction of its largest and most fully-featured flat panel display.
Canfin Homes launches non-housing finance products Canfin Homes Ltd today (Mar 1, 2005) launched three non-housing finance products in Bangalore, while it aims to increase its business by 30 per cent during the next fiscal.
Sensex opens better, turns weak during early trade Shares today (Mar 1, 2005) started on a better note at the opening session on the Bombay Stock Exchange (BSE) but soon declined sharply on lack of initial buying.
INTERNATIONAL Among Ferraris & others, Tata unveils the 'Xover' In a bid to make further inroads in the global market, Tata Motors today (March 1, 2005) unveiled the 'Xover', a 'crossover' vehicle concept, showcasing the company's commitment to innovate and gear up for newer technologies.
