Company News

Maruti Udyog Ltd Changes Its Name To ‘Maruti Suzuki India Ltd’

Mumbai: Maruti Udyog Ltd has got regulatory approval to change its name to Maruti Suzuki India Ltd.

New Clash Delays Patni Comp Stake Sale

A new clash among the Patni brothers over the rights of the new capitalist in Patni Computer Systems is delaying the stake sale process in the IT services company.

IHCL Pays Rs 850 Cr For 10% In Orient Express

Mumbai: The owner of the Taj Hotels chain, Indian Hotel Company (IHCL) has purchased a 10 per cent stake in the NYSE-listed Orient-Express Hotels for around Rs 850 crore.

Yahoo Gets Hold Of Buzztracker, Names Alan Warns As Yahoo News GM, VP

Yahoo has bought news aggregator BuzzTracker, and also named its creator, Alan Warms as Yahoo News GM, VP.

BuzzTracker explores web sites and blogs for news items and arranges them according to topic. The company also provides its software to other business houses.
     
The online major (Yahoo) has acquired the company to swell its advertising span on the web. The financial details of the deal are not disclosed yet.

Tata To Roll Out 2.5 Lakh Cars In 2007; Plans To Increase Prod Cap By Next Few Years

Singur: Nirupam Sen, West Bengal Minister for Commerce and Industry said that Tata Motors is all set to roll out 2.50 lakh units from the small car project by the coming year (2008), and the production capacity is expected to reach 3.50 lakh in the next few years.

Mr. Sen told a CPM public meeting in Singur, “I hope that next year, the first year of its production, 2.50 lakh small cars will roll out of the Tata Motors project here and the figure will reach 3.50 lakh in the coming years.”

Honda Anticipates 15% Growth In Indian Market In Recent Fiscal

Chandigarh: Anticipating 15 per cent growth in auto sales, Honda Siel Cars India stated that it aspires to sell 70,000 cars in the existing fiscal (2007) as against 60,000 cars sold last year in In

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