• Associate Sponsor

Briefly Business: India’s services PMI falls to 17-month low in March: HSBC

Growth in India’s services sector fell to a 17-month low of 51.4 in March from 54.2 in February as order books filled at a slower pace,the HSBC services Purchasing Managers’ Index showed

Published: April 4, 2013 1:48 am

India’s services PMI falls to 17-month low in March: HSBC

BANGALORE: Growth in India’s services sector fell to a 17-month low of 51.4 in March from 54.2 in February as order books filled at a slower pace,the HSBC services Purchasing Managers’ Index showed on Wednesday. REUTERS

Bombay HC approves Sterlite merger plan

New Delhi: Sterlite Industries has said the Bombay High Court has approved merger of the mining firm with Madras Aluminium Company,Sterlite Energy,Vedanta Aluminium & Sesa Goa. PTI

Apex court stays NGT order on closing plant

New Delhi: The Supreme Court on Wednesday stayed an order of the National Green Tribunal (NGT),directing closure of Rathi Steel and Power Ltd plant in Ghaziabad for failing to prevent and control pollution. ENS

M&M to hike prices to offset input costs

New Delhi: Mahindra & Mahindra said it will hike prices of some of its models by 1-2 per cent soon to offset rising input costs and inflation. The company also said it will launch the electric version of its sedan

Verito within a year. PTI

Govt for tweaking OFS mechanism: Official

Mumbai: The government is keen on simplifying the pricing mechanism for offer for sale (OFS) to avoid “double pricing” — one determined by the group of ministers and the other by the market— said Ravi Mathur,divestment secretary adding that the issue would be taken up with market regulator Sebi. PTI

Auchan plans to set up 60 stores: Sharma

New Delhi: France-based Auchan,one of the world’s largest hypermarket chains,has plans to open 60 stores in India,commerce and industry minister Anand Sharma said on Wednesday. Global Chairman of Auchan Vlanney Mulliez had called on Sharma on Tuesday. PTI

For all the latest News Archive News, download Indian Express App

  1. No Comments.