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India-Africa oil summit opens today
Participants from 22 African countries are likely to attend the second India-Africa Hydrocarbons Conference, scheduled to be held here tomorrow and the day after. The objective is to bring together ministers in-charge of oil and gas, top government officers and captains of the industry for exploring partnership opportunities.

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Thermax bags Rs 478 cr order from Orissa-based firm
Pollution control equipment maker Thermax today said it has bagged an order worth Rs 477.77 crore from an Orissa-based company for construction of a captive power plant.

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Should RBI raise interest rates?
- Oil imports rise first time in over a year - 2010 set to be year of indices trading - Crisil to research illiquid stocks to help investors - "Indian regulatory regime has brought us a world of good" - Global crisis pinches FDI purse in 2009 - Experts debate rollback of lenient policy
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Maruti's December sales zoom 50%

Car market leader Maruti Suzuki India today reported 50.6 per cent jump in its sales in December last year at 84,804 units. - Plan to set up 1,000 gas filling stations in 3 yrs - F&O OUTLOOK: Support in new series is expected at 5,000-5,100 - Support in new series is expected at 5,000-5,100 - Gujarat"s luxury car market catches fast lane - Maruti, Hyundai expect Dec sales to jump 30% - Mileage Rating plan irks auto industry The carmaker had sold 56,293 units in December 2008. Domestic sales witnessed a jump of 36.5 per cent at 71,000 units against 52,029 units in the year ago month, the company said in a statement. Sales of the A2 segment comprising models Alto, Wagon R, Zen, Swift, A-Star and Ritz were at 52,236 units against 36,831 units in December the previous year, up 41.8 per cent. The A3 segment (Swift Dzire and SX4 sedans) sales in December 2009 grew by 20.2 per cent at 7,843 units against 6,524 units in December 2008, the company said. MSI"s oldest model M800 saw a decline of 11.5 per cent in sales during the month at 2,574 units against 2,908 in December 2008. Exports during December 2009 witnessed a massive jump to 13,804 units of exports against 4,264 units in the year ago month, the company said.


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