USA economic data

U.S. Sept. UMich consumer sentiment 70.3 vs. 71.5 expected

U.S Q2 corporate profits down revised 5.4% vs down 3.8% prev

U.S. Q2 core PCE up 2.2% vs 2.1% prev est.

U.S. Q2 GDP below 3.4% forecast

U.S. Q2 GDP up 2.8% vs 3.3% prev est.

Mahabharat Motors promoted by Indonesia`s Salim group, will begin production of two-wheelers by June next year The company said the project cost would be Rs 12 billion and the two-wheelers would be produced under the brand name of TVS.


In the largest bank failure in U.S. history, Washington Mutual Inc. gave in on Thursday to the fallout from the subprime crisis. It was seized by federal regulators and then acquired by JP Morgan.


Tata Motors raises Rs 4.87 bn via stake sale in Tata Steel

McNally Bharat bags order worth Rs 1.15 bn from BHEL

Aban Offshore said it has won a contract for the deployment of jack-up rig Deep Driller 5 offshore for a 3 firm wells in addition to 3 optional wells program, from Husky Oil China.

Educomp bags Rs 1.09 bn order from Karnataka govt

BSNL is now spreading its wings over the global markets

HSBC to cut 1,100 jobs worldwide

Power Finance Corporation is likely to buy 7% stake at a cost of Rs 17.5 million in the Power Exchange India (PXI),

Sterlite Technologies, a leading global provider of wire and cable solutions for the power and telecom industry, announced it had won contract from Power Grid Corporation of India (PGCIL). The contract, which are for Sterlite`s ACSR Moose power conductors, are worth a total of Rs 2.54 billion.

Ranbaxy, India`s largest drug maker, said its pharmaceutical products including the HIV/AIDS drugs produced at its Dewas and Ponta Sahib plants are safe

Titan Industries has signed a long-term agreement with Hamilton Sundstrand to manufacture high precision components for a host of units that are deployed in commercial aircraft,