Maruti Wins Victory Over Its Indonesian Rivals

Maruti Udyog LtdNew Delhi: Maruti Udyog Ltd is ready to turn into big in the Indonesian small car market.

In the existing fiscal, the company has been capable of capturing around 60 per cent of the small car market in Indonesia with an export order worth 12,000 units, 1,000 units above what the company had told in June.

Forex Reserves Declines $2 Mn To $228,847 Mn

Foreign CurrencyOn the back of increase in foreign currency and assets collections, forex reserves have declined $2 million to $228,847 million as on Aug. 31, 2007.

According to the Reserve Bank of India (RBI) weekly statistical supplement released on Sept.7, 2007, foreign currency and assets came up to USD 4 million on the back of USD 221,509 million increase.

US Suicide Rate Hits 15 Year High

SuicideWashington: According to the U.S. administration, the suicide rate for children and young adults aged 10 to 24 has increased 8% in 2004, marking the largest yearly increase in over 15 years.

A report by the Centers for Disease Control and Prevention has revealed that the rise followed up a cumulative fall of over 28% in the suicide rate from 1990 to 2003, and was fueled by increases in suicide rates among girls between 10 to 19 and boys 15 to 19.

Fortis To Grab 48% Stake Of Malar Hospital

Fortis HealthcareNew Delhi/Chennai: The Fortis group is all set to grab 48% stake in Chennai-based Malar Hospital for about Rs 42 crore. This marks the group’s initial entry into South Indian market.

In north region, Fortis already has a network of 12 hospitals and 16 satellite and heart command centres.

U.S. Nosing About Laden’s Videotape To Get Clues

Osama Bin LadenWashington: The U.S.

Essar Group Seeks New Telecom Inning Via BPL Mobile

Essar GroupMumbai: Planning to provide mobile telephony services from 21 centres, Essar Group has filed for a pan-India licence under BPL Mobile, which would permit it to offer up 2G services in the state.

The group has applied for the license through shippingstop.com, a wholly-owned subsidiary of BPL Mobile. BPL Mobile presently offers GSM services in Mumbai, and has more than 1.1 million subscribers.

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Bajaj Auto Share Price Target at Rs 9,780: Geojit Investments

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