Maruti Suzuki, India`s largest passenger car company, will start exports from its upcoming dedicated car terminal at Mundra Port in January 2009 to expand its presence across European markets

China`s central bank has cut benchmark lending and deposit rates by 108 basis points (bps) on November 26, the fourth cut since mid-September

City Union Bank, today, November 26 announced that it had opened 4 new branches in South India. (Kollam, Madhurapuri and Sirkazhi in Tamil Nadu and one at Rajaji Nagar in Bangalore-Karnataka.)

The board of directors of Sujana Towers at its meeting held on Nov. 25, 2008, has increase the authorized share capital from Rs 500 million to Rs 550 million.

KLG Systel, today, November 26 announced that its power system solution (PSS) division bagged a contract worth Rs 83.60 million from West Bengal State Electricity Distribution Company.

Bharat Heavy Electricals (BHEL) and Tamil Nadu Electricity Board (TNEB) have formed a joint venture (JV) company for setting up the first supercritical thermal power project in Tamil Nadu.