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M&M gets into Aerospace, acquires two Aussie firms
This will enable the firm to tap the defence offset market.

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Oil dips but stays above $74 in Asian trade
Oil prices dipped but stayed above $74 in Asian trade today as demand uncertainty weighed on investors already wary from recent economic policies in the United States and China.

News of the day

MP's biggest thermal power station in fuel crisis
Madhya Pradesh"s biggest Birsinghpur based 1340 Mega Watt (Mw) thermal power generation station is facing fuel crisis with a coal stock of just 10,000 metric tonnes (MT) to generate power against its daily need of around 15,000-16,000 MT if plant functions at its full capacity.
International Business

Sensex opens weak on global cues

The Sensex opened at 16,339 and then slipped to a low of 16,182 on weak global cues. The index is now at 16,233, down 129 points and the NSE Nifty is at 54,847, down 35 points. All the Asian markets are in the negative zone. The Hang Seng has dropped 203 points or 1% to 19,919 and the Shanghai Composite has slipped 2% to 2,927.


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