Competition rising for Alto

Competition rising for Alto  There is no denying to the fact that the small car segment has been the bread and butter for the market leader in the passenger car market - Maruti Suzuki but the segment is expected to see more fireworks in the coming times. While Maruti is planning to launch the Alto by next month in the Indian market, the competition is also firming up plans to give the market leader an optimal answer in the form of their respective hatchbacks.

Tony Hayward To Quit BP In October

Tony Hayward To Quit BP In OctoberBP chief executive Tony Hayward will quit on Oct 1 following the oil disaster in the Gulf of Mexico.

The company made this declaration today.

Tony, who has been with BP for the last 28 years, had been severely criticized for his handling of the disaster.

He is likely to be succeeded by Robert Dudley, a US citizen, at the helm of Britain's largest company.

The news came as the company declared a loss of $17.1 billion in its second quarter, mainly because of costs involved in cleaning up the oil spill.

Maruti announces a fall in profits

Maruti announces a fall in profits   The country's leading auto major has surely been the apple of the eye of many industry experts but it's recently announced Q1 results for the fiscal have been a party spoiler. In fact, the company has reported a 20% decline in net profit at Rs 465 crore for the first quarter on higher raw material costs and royalty and lower other income.

No job cut or wage cut at AI

No job cut or wage cut at AI  The troubled airline, Air India may have been having a tough time making its presence in the Indian airline industry and still keeping its bottom line healthy, but the airline carrier is certainly its level best to ensure a healthy future. In fact, the airline has recently unveiled a new turnaround plan with which is it trying to cut the Maharaja's losses and make money for an airline that is struggling to survive.

Short Term Buy Call For TCS

TCSStock market analyst Salil Sharma has maintained 'buy' rating on Tata Consultancy Services (TCS) Ltd stock with a short term target of Rs 862.

According to analyst, the investors can buy the stock with stop loss of Rs 838.

Today, the stock opened at Rs 840.50 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 37.67 and 22.78 respectively.

The share price has seen a 52-week high of Rs 850 a low of Rs 435.55 on BSE.

Commodity Outlook for Natural Gas by KediaCommodity

Natural GasNatural gas finished slightly higher after a choppy trading session, pulled in op

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