NATIONAL Market in 'in-car entertainment' sector shrinking The unorganised market in 'in-car entertainment sector' in India was shrinking from 90 per cent to 60 per cent with more and more Indian consumers becoming brand and quality conscious, according to Dr Albert Hieronimus, Managing Director of Motor Industries Company Ltd.
Micro Labs Limited inks MOU with LG Life Science The leading pharmaceutical company Micro Labs Limited, has entered into an exclusive marketing agreement with L G Life Sciences-South Korea to market its brand `LG Hyal 2000' injections in India.
Mines Min for 10 per cent disinvestment in NALCO The Mines Ministry has favoured off-loading ten per cent stake in state-run aluminium giant National Aluminium Company (NALCO), but no final decision has been taken in this regard, Mines Minister Sis Ram Ola informed the Rajya Sabha today(Aug 22, 2005).
Sensex surrenders early gains, down by 30 points The Sensex today (August 22, 2005) surrendered early gains as a large number of heavyweight shares met with profit-selling at higher level and the index fell by 30.16 points to close at 7750.60 at the Bombay Stock Exchange (BSE), extending losses for the third straight session.
BHEL inducting foreign technology for modernisation The Government today (Aug 22, 2005) said power equipment major Bharat Heavy Electricals Ltd (BHEL) is inducting technology from global giants for modernisation of existing power plants.
FM stresses on raising prices of petro products Stressing that there was no alternative except to raise the prices of petroleum products, Union Finance Minister, P Chidambaram, has said that the oil companies will incur a loss of Rs 30,000 to Rs.40,000 crore during this fiscal, if the present trend of spiralling crude oil prices continued for some more months.
Sensex opens firm, up by 55 pts at early trading The Sensex today (August 22, 2005) started firm and rose further smartly by 54.91 points during the early trading on the Stock Exchange, Mumbai (BSE) on good buying activity.
