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Indian ADRs shed $7.5 bn in a week, Sterlite top loser
The Indian stocks trading on the American bourses saw a collective value erosion of $7.5 billion last week, with copper producer Sterlite Industries accounting for nearly one-third of this loss.

Mukesh, Tata praise Das' contribution to India Inc
Two of the country"s top corporate stalwarts, Ratan Tata and Mukesh Ambani, today showered rich praises on Tarun Das, a day after he demitted office as Chief Mentor of business chamber CII, and described him as the face of modern Indian industry.

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Bollywood in Beijing
Business Standard / New Delhi December 29, 2009, 0:11 IST
Business Ideas

VE Commercial Vehicles' October sales up 65%

Auto maker VE Commercial Vehicles today reported 65.11 per cent growth in its total sales of Eicher trucks and buses in October at 2,257 units. - Eicher subsidiary signs MoU with Vinn Group - Auto sales vroom 30% on festive spirit - Hero Honda reports marginal increase - TVS sales up 12% - Tata Motors mulls letting assemblers brand Nano">Tata Motors mulls letting assemblers brand Nano - First base The company had sold 1,367 units in the same month last year. Domestic sales increased by 71.09 per cent to 2,024 units, compared with 1,183 units in the same period a year ago, the company said in a statement. Exports for the month grew 26.63 per cent to 233 units compared to 184 units last year. Sales of light commercial vehicles in the Indian market during the month also went up by 77.97 per cent to 1,680 units, against 944 units in October, 2008. Heavy commercial vehicle sales also recorded a jump of 21.15 per cent at 126 units against 104 units in October last year, it added.


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