The latest figures released by Insurance Regulatory and Development Authority (IRDA) disclosed that life insurance industry has posted an 11% decline in its premium incomes during the 11 months period, which ended on 28 February, 2009.
IRDA’s data also showed that the life insurers collected Rs 36,467 crore as premium incomes in the period under review.
The report also highlighted that the premium incomes earned during Feb 2009 were 12 per cent up as compared to the premium incomes in January 2009.
The manufacturer of luxury automobiles and sports cars – Porsche SE is set to expand its operations in India. The Stuttgart, Germany based Porsche is planning to increase its presence in the automobile market in India. 
Kathmandu, Apr 4: An Indian company and a Nepali firm have recently formed a joint venture company - USP Wind and Power System - in Kathmandu to tap wind to generate electricity.
The March sales statistics, vis-a-vis the February figures, were upbeat for the leading cement companies including ACC, Ambuja Cement, and Aditya Birla group's UltraTech Cement and Grasim Industries. 
The motorcycle sales figures reported Thursday by the two-wheeler maker Bajaj Auto indicate that the month of March saw a 14.40 percent drop - from the earlier-year figures of 1,54,443 units to 1,32,210 units. Nonetheless, the drop in March motorcycle sales happens to be lower than the December levels, when the company sold merely 61,546 units.
For the third month in a row, the March sales of automobiles have been better-than-anticipated, bringing a reported 21.87 percent increase in the total sales of Maruti Suzuki India (MSI) during the month. A year-on-year comparison between the sales figures for March indicates that the sales jumped from 70,296 units last year to 85,669 units.
