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Bank credit shrinks as firms opt for CPs
The decline is Rs 21,186 crore from the fortnight ended July 3

KPIT Cummins to focus on Chinese market
IT consulting firm KPIT Cummins today said it will increase its focus on the Chinese market and plans to tie-up with more automobile companies and components makers for providing software solutions.

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Infosys' training centre among world's largest
Infosys Technologies on Tuesday expanded the company’s Global Education Centre (GEC) at its Mysore campus, with the inauguration of a second training facility. With the GEC expansion, the company can provide training to 23,500 people at a time, making it one of the largest corporate education centres in the world.
Public Relations

Hero Honda to upgrade its models to meet BS-III norms

The country"s largest two-wheeler maker Hero Honda today said it will upgrade all its existing models to meet Bharat Stage-III emission compliant norms by the end of this financial year. - Volkswagen eyes 10% pie in Indian passenger car market - Eicher Motor to invest Rs 95 cr in India - Japanese automakers report output, export plunges in July - ManForce Motor plans to sell 4,200 units this fiscal - Mitsubishi"s HCV arm looks to enter India in 2-3 yrs - M&M looks to make US largest export market for SUVs, pick-ups "All bikes will be upgraded to BS-III by March 2010... some models already meet the norms, while the rest will be changed with some minor modifications," Hero Honda Motors Managing Director Pawan Munjal told reporters on the sidelines SIAM annual convention here. The company is also looking to launch a model which will be priced lower than its least expensive bike (100cc segment). "We have been seriously thinking for a low-priced product but very high in performance. Our engineers along with those from Honda are working on this," Munjal said. In the ensuing festive season, he said the company is confident of selling over six lakh units that it had sold in the same period last year.


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