Thursday April 10, 2008

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Steel cos levy surcharge, prices up by Rs 5,000 

New Delhi, April 9:
In a move that is bound to attract fiscal measures from the government, steel makers on Wednesday raised prices of their products by imposing an average 'raw material surcharge' of Rs 5,000 per tonne.
 
Tata Motors to make trucks in SA 

New Delhi, April 9:
India's top vehicle maker, Tata Motors Ltd plans to make trucks and buses in South Africa as it seeks to tap more world markets including for its low-cost Nano car, Managing Director Ravi Kant said at the India-Africa Summit.
 
China is world's biggest gold producer 

London, April 9:
China became the world's biggest producer of gold in 2007, overtaking South Africa which held top spot for 100 years, the independent precious metals consultancy GFMS said here on Wednesday.
 
Gold under consolidation phase before next rally  

Kolkata, Apr 9:
Gold price is presently under a consolidation phase and likely to stay range bound for some time before it commences its next leg of rally.
 
Anil Ambani group acquires digital images business of US firm 

New Delhi, April 9:
Anil Ambani-promoted Reliance Big Entertainment has acquired the digital images business of US-based DTS Inc for an undisclosed amount.
 
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