Honda
Motor Co on Monday announced the recall of 11,500 units of standard
variant of its premium motorcycle CBR 250R, which were produced and
sold in India, due to a defective brake system.
Air
India Ltd is undertaking a series of steps to rid itself of debt
while hoping to post an operating profit by the end of fiscal 2013
and a net profit by 2020, according to two senior airline executives
Polaris
Financial Technology is planning to allocate $100 million to acquire
two to three product firms in four years, as part of its new plans to
double its revenue, said Arun Jain, chairman of Polaris
Dairy
giants Danone is among potential acquirersof a controlling stake in
Tirumala Milk Products after promotersand private equity investor
Carlyle Group started work on ashare sale plan, said sources directly
familiar with theprocess. (Times of India
The
Home Ministry has allowed Essar Ports andAdani Ports and Special
Economic Zone to bid for the mega container terminal project in
Chennai. (Economic Times
Tata
Steel will continue to pursue a cost-cutting target of 12 billion
rupees set for 2012-13 for its domestic operations, said Tata Steel
managing director HM Nerurkar. (Financial Express)
Finance
Minister P. Chidambaram will be in Bangalore for a meeting with the
chief ministers of South Zone states.
The
Reserve Bank of India Governor Duvvuri Subbarao will give an address
on 'G 20 and India' in Mumbai (Event starts at 1230 GMT)
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