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Crisis unlikely to impact Indian IT vendors
The tremors from the Dubai World crisis are unlikely to be felt by Indian information technology (IT) service providers, since they do not have a major exposure to the market in that region.

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Tata Motors to shut Pune plant for 3 days
Tata Motors, India’s largest auto manufacturer, will shut down manufacturing operations at its Pune’s commercial vehicle (CV) unit for three days.

News of the day

2009 brought cheer among consumers seeking their rights
The popular perception that consumers cannot withstand the pressure of rich and mighty service providers proved wrong in the year gone by with consumer fora reflecting a humane face by a plethora of decisions exuding trust and confidence among commoners.
Online Business

AIL ties up with Mundotexil

Ludhiana-based Abhishek Industries Limited, Trident Group, India and Mundotextil Industrias Texteis, SA are in the process of formation of an alliance in the form of a joint venture, subject to the necessary approvals/consents, to best serve the needs of their wide range of clients in sync with their global vision of customer satisfaction. - Under Lalu, railways incurred Rs 14k cr loss in "08-09 - 2009: Organised retail feels recession pangs - F&O OUTLOOK: Resistance seen above 5,100 level - Resistance seen above 5,100 level - Commercial tax collection up 19% - Pantaloon Retail at 52-wk high Mundotextil, situated in Vizela - Portugal is today the biggest manufacturer of terry towels and other bath textiles in Europe.


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