Tuesday May 20, 2008

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Cement firms feel the pinch of price control  

New Delhi May 19:
Cement companies' latest quarterly performance shows that they have begun to feel the pinch of the government's anti-inflationary measures.
 
Bajaj cuts rates for XCD bikes 

New Delhi May 19:
Bajaj Auto, the country's second biggest motorcycle company by volume, has raised the stakes in the extremely competitive 125 cc bike segment by offering its vehicles at extremely low financing rates.
 
RPG plans to double its retail biz turnover 

Mumbai, May 19:
The RPG group has lined up an aggressive expansion plan for its retail business and aims to virtually double its turnover to Rs 1,800 crore this fiscal.
 
Huda to invest Rs 6000cr for expressway 

Chennai/ Hyderabad May 19:
The Hyderabad Urban Development Authority (Huda) is investing about Rs 6,000 crore for an eight-lane access-controlled expressway.
 
Zylog to buy Dubai-based firm 

New Delhi, May 19:
Chennai-based software services company Zylog Systems on Monday said it would pick up 60 per cent stake in a Dubai-based firm for an undisclosed amount in a bid to expand its footprint in the Middle East.
 
UK churches hit by high demand for scrap metal 

London, May 19:
Every time worshippers enter hundreds of churches across Britain, they now first look up -- not in divine pursuit, but to check if the roof has fallen prey to metal thieves selling lead and other costly metal illegally to India and China.
 
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