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The rupee had ended 21 paise higher at 46.63/64 against the US currency yesterday after the dollar hit a 15-year low against the Japanese yen.
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The "BlueOn," based on its i10 hatchback, will be powered by batteries made by SK Energy with a capacity of 16.4 kilowatts per hour, Hyundai said in a statement, without disclosing prices for the vehicle.
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September 8, 2010
The prime minister had last month said that the government was making every possible effort to control "high inflation" and insulate the poor from its adverse impact.
Advice may be nice, but backing it up with balance sheet can be key to winning M&A business for investment banks in India.
Boeing is "actively" looking at potential acquisition opportunities in response to a changing security environment and will not rule out a merger with another large defense contractor.
In response, banks said they would look into the problems of airlines on case-by-case basis.
September 7, 2010
Hindustan Unilever (HUL), owner of the well-known tea brand, launched an organisation to dispel 'myths and misconceptions' around tea.
US slowdown seen hurting exports; rate hikes, inflation likely to curb local consumption.
The Maharashtra government, in a recent order, had asked mills this year to start cane crushing on October 1, about a month earlier than usual, to ensure the entire cane produced this year gets crushed.
Sony said in a statement it would sell its facility in Barcelona that makes LCD TVs for Europe to Spain-based companies Ficosa International SA and COMSA EMTE SL for an undisclosed sum.
September 6, 2010
The Gothenburg refinery can process about 78,000 barrels of crude oil per day.
Fortis has been working on a possible real estate investment trust (REIT) listing for a year, the executive said, adding that regulatory challenges remain.
South Africa's banking regulator has appeared open to the deal between HSBC and Nedbank, but central bank chief Gill Marcus said on Thursday foreign ownership of local banks brought risks.
Mukesh Ambani, the world's fourth richest man according to Forbes magazine, has made no secret of Reliance's overseas ambitions; is looking to invest in new areas like shale gas to expand the firm's businesses.
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India could be $225 billion industry by 2020: Som Mittal