NEW DELHI, August 8 - FINANCIAL EXPRESS – Due to consumer-demand driven growth in sectors like automobiles in China, Indian Automobile companies like Tata Group and Mahindras have been able to mark significant growth in the sales hence achieving good revenues. - FINANCIAL EXPRESS – Due to rising petrol and diesel prices, electric vehicles (EVs) may become major market players in most of the emerging markets like India and China. Like Reva has already marked its presence in Indian market, other automobile companies like GM and Renault are also in the pipeline to make foray in the Indian market. - FINANCIAL EXPRESS – Hero Cycles is all set to foray into organised retail by planning to open 350-500 shop-in-shop exclusive retail outlets with the help of tie-ups with companies like Future group and Lodhi Sports to sell its cycles. - FINANCIAL EXPRESS – Due to rising air-travel demand, the Indian government is planning to build nearly 200 low-cost airports in the next 20 years hence providing big opportunities for business to companies in infrastructure business like GMR, GVK, L&T and Reliance-ADAG. - FINANCIAL EXPRESS – Downgrade of US sovereign credit will have some or the other effect on the Indian economy but it’s the fortunes of the US and European economies in the longer term which would influence the Indian economy in a significant manner. – ECONOMIC TIMES - Larsen & Toubro (L&T), the Indian engineering company has got three international orders worth $889 million for hydrocarbon projects in United Arab Emirates (UAE) and Thailand. – ECONOMIC TIMES - Hike in price of gold draws attention of youngsters towards purchase of diamonds that too through e-buying due to growing numbers of techno-savvy people. - ECONOMIC TIMES – The fall in sales of car in the month of July results in the war of prices among various carmakers like Honda, Maruti Suzuki and Toyota.
Submitted By:-
Priyesh Narain
Researcher