Indian economy to grow at 7.5-8% this fiscal: Basu NEW DELHI: Chief Economic Advisor Kaushik Basu on Monday said the Indian economy is expected to witness a growth rate between 7.5 and 8 per cent this fiscal. Hero MotoCorp prices first Hero bike at R66,800 NEW DELHI: Hero MotoCorp on Monday said it will soon start selling the first Hero branded bike to be launched after the break-up of Hero Honda last year Impulse in the Indian market at Rs 66,800 (ex-Delhi). Sensex down 57 pts as RIL,TCS drag down market Mumbai: Erasing initial gains,the BSE benchmark index Sensex fell by 57.60 points to 17,025.09 on Monday on profit- booking in blue-chip stocks like Reliance Industries and TCS,despite a firm trend in the overseas markets. The broad-based NSE Nifty fell 14.05 points to 5,118.25. BMW to launch Mini in India; price above R25 lakh Mumbai: BMW on Monday said it will launch the small luxury car,Mini,in India by next year at a price that is expected to be above Rs 25 lakh. FDI outflows in September at $3.46 billion Mumbai: Overseas investments by Indian companies in September was $3.46 billion,with GVK Power,ETHL Communication and Tata Steel,among others,committing investments abroad. Air France fires its chief executive Paris: The board of Air France-KLM voted to dismiss its group chief executive,Pierre-Henri Gourgeon,who had grown deeply unpopular with investors as he struggled to cope with high operating costs and increasing scrutiny of the carriers safety.
