Sunday February 3, 2008

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Hyundai opens second India car plant 

Chennai, Feb 2:
Hyundai Motor Co, South Korea's top automaker, on Saturday opened a second plant in India to take on growing competition, cementing the country's position as a global hub for small cars.
 
Reliance Power becomes top shareholder base company  

New Delhi, Feb 2:
Anil Ambani Group's Reliance Power has become the country's biggest company in terms of number of shareholders following the allotment of shares in its recently completed Rs 11,560 crore initial public offering.
 
Air India to launch non-stop New York-Delhi flight 

Washington, Feb 2:
India's national carrier Air India is launching a daily non-stop New York-Delhi service from Feb 8 with a state-of-the-art Boeing 777-200LR aircraft to reduce the travel time between the two cities to 14 hours.
 
Consumer durables,cars may get dearer as steel prices rise 

New Delhi, Feb 2:
Consumer durables and automobiles are in for a price hike as integrated steel makers have increased steel price between Rs 2,000 per tonne and Rs 2,500 per tonne (6-8 %) on account of rising iron ...
 
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