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Maruti Suzuki sets up manufacturing plant in Gujarat

Ahmedabad, Jan 29 (ANI): Gujarat Chief Minister Anandiben Patel laid the foundation stone of Maruti Suzuki’s car manufacturing plant in Ahmedabad city. Japan's Suzuki group plans to set up three plants in Hansalpur village of Ahmedabad, which will exclusively supply to Maruti Suzuki India Limited. The plant is likely to start production in mid-2017. The foundation stone laying ceremony was held in the presence of Japanese ambassador to India, Takeshi Yagi, Chairman and CEO Suzuki Motor Corporation, Osamu Suzuki, and Chairman of Maruti Suzuki India, RC Bhargava. While addressing a gathering, Suzuki said that setting up of the manufacturing facility was beginning of a new era and also praised Prime Minister Narendra Modi’s ‘Make in India’ initiative. Meanwhile, Bhargava shared details of the project. Jan 29, 2015

BSE closes points 11.86 down on Jan 28

New Delhi, Jan 28 (ANI): Trading at the Bombay Stock Exchange today closed 11.86 points down to stand at 29,559.18. At the National Stock Exchange the Nifty closed 3.80 points up to stand at 8,914.30. AJANTPHARM and TITAN were among the top gainers of Group A with an increase of 11.96% and 7.29% along with SUZLON and SHRIRAM TRANSPORT FINANCE CO.LTD with an increase of 6.96% and 5.53% respectively, while the top losers of Group A include REDINGTON (INDIA) LTD and GSFC with a decrease of 7.38% and 5.77% along with PERSISTENT SYSTEMS LTD and Edelweiss Financial Services Ltd with a decrease of 5.70% and 5.18% at the close of the markets. The Auto sector is down 146.15 points at 20,209.63, while the banking sector is down 105.58 points at 23,406.18 and the reality sector is up 26.46 points at 1,718.83. The Indian currency is up 0.09% at Rs 61.34 per dollar. Jan 28, 2015
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BSE closes points 76.26 up on Jan 27

New Delhi, Jan 27 (ANI): Trading at the Bombay Stock Exchange today closed 76.26 points up to stand at 29,355.10. At the National Stock Exchange the Nifty closed 16.15 points up to stand at 8,851.75. JETAIRWAYS and EDELWEISS were among the top gainers of Group A with an increase of 14.74% and 10.25% along with SPARC and MAX with an increase of 10.00% and 9.34% respectively, while the top losers of Group A include GSFC and FSL with a decrease of 11.94% and 7.09% along with UNION BANK and GRUH with a decrease of 5.45% and 5.04% at the close of the markets. The Auto sector is up 265.19 points at 20,371.97. The Indian currency is up 0.22% at Rs 61.46 per dollar. Jan 27, 2015
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Business leaders look for better opportunities as India-US CEO forum meet begins

New Delhi, Jan 26 (ANI): Business leaders looked forward to better opportunities as the India-US CEO forum meet began at the Taj Palace Hotel in New Delhi on Monday. Godrej Group Chairman Adi Godrej said that the level of mutual investment & trade will rise tremendously between the two countries. Xpro India Chairman Siddharth Birla said that the communication between the two countries is a clearing logjam. HSBC Chief Naina Lal Kidwai said that the chemistry created by the top leaders between the two countries should be followed at the business level. India-US CEO forum meet is being attended by US President Barack Obama and Prime Minister Narendra Modi. Barack Obama and Narendra Modi will be interacting with dozens of executives from American and Indian companies. Jan 26, 2015
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