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A team of scientists have discovered what they claim are the remains of a new hominid species that later evolved into modern Homo sapiens.

The discovery made in South Africa involved remains of a female about 20 and a male about 8 or 9 years old, according to researcher Lee R. Berger. The fossils display features of a new species and also those of Homo erectus.

Mr. Berger has named the species as Australopithecus sediba. He said that the fossils show a significant transition between ape like creatures to human beings. The findings have been reported in the journal Science.

While Maruti Suzuki has been able to outshine the counterparts by staying at its toes and even at the top slot in the Indian automotive market, but the situation is panning out to be tough for the company itself.

As its sales grow, it is getting into the catch-22 situation due to the capacity constraints. Notably, the company sold over a million cars in the FY 20009-10 and it is expecting 10% surge in the unit sales this fiscal.

Under its subsidiary eBay Motors India ltd, eBay, the leading online marketplace has recently introduced the 'Wheelz pe Deals' offer under which the consumer can find the desired pre-owned two-wheeler or four-wheeler on ebay. in/motors.

While the consumer can visit the showroom first before making the online bid, the B2B retailer is giving the consumer both options i. e. of a fixed price as well as auction format.

After the Ace tennis player Sania Mirza drove into several controversies over her marriage with the Pakistani cricketer Shoaib Malik, the reports suggest that her brand value has taken a major hit over the last couple of weeks.

Cadbury Bournvita for that matter has already decided to take Sania out of the Picture of its commercials last month itself and also does not plan to renew the year-long contract.

The Bombay Stock Exchange benchmark index, Sensex rallied smartly on Friday on strong Asian cues.

Momentum in banking and auto stocks allowed the index to climb to a high of 17,971 before closing at 17,933.14 with a gain of 218.74 points. The broad-based index at the National Stock Exchange, Nifty too gained 57 points during the day's trade to close at 5,361.

Petrol pump owners in Delhi called off their scheduled strike after Sheila Dikshit-led Delhi government promised to look into the matter and resolve the issues. The strike was called demanding to rollback the increase that the government has recently announced in VAT for Diesel.

President of the Delhi Petrol Dealers' Association Atul Peshawaria was quoted telling PTI that they have the CM's assurance that their demands would be looked into by the government in 15 to 20 days. However, he also warned that if nothing happens, then the association might go for an agitation.