South Asia

French company Auchan eyes Landmark JV

French retail giant Auchan, touted as Wal-Mart’s most aggressive global rival, has held talks with Micky Jagtiani’s Landmark Group for a possible India entry.

Sunday, February 12, 2012 (The Times of India)

Companies profit margins in Q3 shrink

Fourth week into the results season, there were more signs of a slowdown in profit margins and dip in aggregate net profit of the top companies in India.

Sunday, February 12, 2012 (The Times of India)

Panel suggests uniform 6% road tax

A panel of the highways ministry has recommended that a flat 6% of sale price be levied as the one-time road tax on cars and taxis, unlike the present system where the quantum of tax varies from state

Sunday, February 12, 2012 (The Times of India)

Maharashtra may cut jet fuel tax to help airlines

Maharashtra chief minister Prithviraj Chavan has indicated that the state government may share an “equitable burden” with the Centre to provide relief to the aviation sector by reducing sales tax

Sunday, February 12, 2012 (The Times of India)

Small car loses appeal with market share dipping below 50%, SUVs surge

The appeal of entry-level segment of the Indian passenger car market shrunk in 2011, perhaps for the first time in many years.

Sunday, February 12, 2012 (The Times of India)

Entry-car market share skids to 47%

The entry-level segment of the Indian passenger car market shrunk in 2011, perhaps for the first time in many years, and saw its market share dip below 50%.

Sunday, February 12, 2012 (The Times of India)

Now, Sebi catches social networking fever

The Securities and Exchange Board of India (Sebi) is hiring specialist IT officers, whose role would include keeping track of social media platforms like Twitter and blogs for all market-related infor

Sunday, February 12, 2012 (The Times of India)

Africa to be 'next centre of growth' for Bank of Baroda

Public sector lender Bank of Baroda (BoB) is planning to expand its network in Africa for its incremental business growth by opening ten new branches in the next four to five months.

Saturday, February 11, 2012 (The Times of India)

Industrial output growth slows sharply in December

Indian industrial production growth slowed sharply in December as capital investment remained weak, adding to pressure on the RBI to start cutting interest rates to help stimulate an economy that is h

Saturday, February 11, 2012 (The Times of India)

Exuberant Indian markets gloss over economic reality

Surging capital inflows, booming stock markets and a fast-appreciating currency suggest the India story is again shining after a dismal 2011.

Saturday, February 11, 2012 (The Times of India)

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