Despite the global slowdown in the automobile sector, Anand Automotive Systems still plans to go ahead with the investment worth Rs 600 crore to set up 13 plants across the country by 2010.
The company accepts that the slowdown in the domestic automobile sector has put the group's bottom lines under pressure but said the company was confident that old export as well as domestic orders would help it tide over the current crisis.
Bharti Wal-Mart, a joint venture between Bharti Enterprises and US retail giant Wal-Mart intends to go ahead with its cash and carry stores launch, despite the current market instability.
The retailer plans to open 15 carry-and-carry centers in various states in seven years and employ 5,000 people.
Personal care products maker Dabur India Limited has acquired 72.15% stake in Fem Care Pharma, a women’s skin-care products company for Rs 203.7 crore.
The board of directors of Dabur India approved the acquisition on Friday.
As per the SEBI guidelines for takeover, Dabur will make an open offer for another 20 per cent in Fem Care. The transaction, finalised at a price per share of Rs 800, will take the total deal size to Rs 202.4 crore and giving Fem Care an enterprise valuation of more than Rs 300 crore.
Three months after enrolling in the reality show, Ashutosh Kaushik, a dhaba owner from Uttar Pradesh, was announced as winner of the 'Bigg Boss 2'on Saturday.
The reality show is the Indian version of Celebrity show Big Brother in the UK.
Kaushik, a-29-year-old guy, who took home Bigg Boss 2' title and a whopping Rs 1 crore in cash, won another reality show earlier this year - MTV Roadies.
The Union Government is unlikely to reduce prices of petroleum products as of now despite huge fall in the prices of crude oil in the international market. Crude prices were $142.04 a barrel on July 3 while currently they are fluctuating in between $47 -$50 per barrel. The public sector oil marketing companies have requested government to hold prices so that they can cover their previous losses. The Indian crude oil basket has averaged $52.78 a barrel in November as compared to October's average of $69.12.
The Reserve Bank is unlikely to cut key interest rates at this point of time following drop in bond yield. The yield on 10-year bonds was 7.50% early this week and 8% in October.
Bond prices and yield are moving in opposite direction to each other leaving no room for interest cut by apex bank. The overall situation has changed after the collapse of Wall Street investment bank Lehman Brothers Holding Inc. in mid-September.
The company accepts that the slowdown in the domestic automobile sector has put the group's bottom lines under pressure but said the company was confident that old export as well as domestic orders would help it tide over the current crisis. 
Bharti Wal-Mart, a joint venture between Bharti Enterprises and US retail giant Wal-Mart intends to go ahead with its cash and carry stores launch, despite the current market instability.
Personal care products maker Dabur India Limited has acquired 72.15% stake in Fem Care Pharma, a women’s skin-care products company for Rs 203.7 crore. 
Three months after enrolling in the reality show, Ashutosh Kaushik, a dhaba owner from Uttar Pradesh, was announced as winner of the 'Bigg Boss 2'on Saturday.
The Union Government is unlikely to reduce prices of petroleum products as of now despite huge fall in the prices of crude oil in the international market. Crude prices were $142.04 a barrel on July 3 while currently they are fluctuating in between $47 -$50 per barrel. The public sector oil marketing companies have requested government to hold prices so that they can cover their previous losses. The Indian crude oil basket has averaged $52.78 a barrel in November as compared to October's average of $69.12.
The Reserve Bank is unlikely to cut key interest rates at this point of time following drop in bond yield. The yield on 10-year bonds was 7.50% early this week and 8% in October. 
