Mahindra Diesel Tanks

The key benchmark indices edged lower as European stocks moved off highs and as US index futures fell. Closer home, caution prevailed ahead of the central bank's quarterly policy review on Tuesday, 27 July 2010 and as investors awaited key first quarter results. The first quarter results of Larsen & Toubro (L&T), Reliance Industries (RIL) and Hindustan Unilever (HUL) are due on Tuesday 27 July 2010. The BSE Sensex settled a tad above the psychological 18,000 mark after falling below that mark for a brief period in late trade.

Interest rate sensitive realty and banking stocks fell ahead of the central bank's policy review. India's largest car maker by sales Maruti Suzuki slumped more than 12% on disappointing Q1 results. Other auto stocks also fell. Capital goods and metal stocks also edged lower.

The market breadth was weak in contrast to a strong breadth earlier in the day. The BSE 30-share Sensex fell 110.93 points or 0.61%, off close to 175 points from the day's high and up close to 40 points from the day's low.

The market moved between positive and negative zone near the flat line in early trade, giving away initial gains. Stocks drifted lower in morning trade. The market was range bound in mid-morning trade. The movement remained confined to a range in early afternoon trade. The market hit a fresh intraday low in afternoon trade. The market extended losses to hit fresh intraday low in mid-afternoon trade. Weakness continued in late trade.

Interest rate sensitive stocks slide ahead of RBI's policy review; Maruti tanks - India Infoline.com

The key benchmark indices edged lower as European stocks moved off highs and as US index futures fell. Closer home, caution prevailed ahead of the central bank's quarterly policy review on Tuesday, 27 July 2010 and as investors awaited key first quarter results. The first quarter results of Larsen & Toubro (L&T), Reliance Industries (RIL) and Hindustan Unilever (HUL) are due on Tuesday 27 July 2010. The BSE Sensex settled a tad above the psychological 18,000 mark after falling below that mark for a brief period in late trade.

Interest rate sensitive realty and banking stocks fell ahead of the central bank's policy review. India's largest car maker by sales Maruti Suzuki slumped more than 12% on disappointing Q1 results. Other auto stocks also fell. Capital goods and metal stocks also edged lower.

The market breadth was weak in contrast to a strong breadth earlier in the day. The BSE 30-share Sensex fell 110.93 points or 0.61%, off close to 175 points from the day's high and up close to 40 points from the day's low.

The market moved between positive and negative zone near the flat line in early trade, giving away initial gains. Stocks drifted lower in morning trade. The market was range bound in mid-morning trade. The movement remained confined to a range in early afternoon trade. The market hit a fresh intraday low in afternoon trade. The market extended losses to hit fresh intraday low in mid-afternoon trade. Weakness continued in late trade.

Interest rate sensitive stocks slide ahead of RBI's policy review; Maruti tanks - BloombergUTV

General Motors (GM) is to launch a hybrid car in south Asia by the end of the year, the groups country head revealed yesterday.

Financial Times , the US carmaker announced its plans after it was revealed that it was to shelve a project to build an electric car for the country with Reva ( see story ).

The car giant altered its plans after Reva sold a majority stake to Mahindra & Mahindra.

Full Story: GM makes alternative fuel plans for south Asia - TheGreenCarWebsite.co.uk (blog)

Global annual military expenditure tops $1,500 billion now. With a defence budget of close to $32 billion, India, too, has emerged as a major buyer in the global arms bazaar in the last decade. India, in fact, is the largest arms importer in the emerging economies with the exception of China. Indiaâ??s giant â?? and, of late, increasingly assertive â?? neighbour pegs its annual defence budget at around $78 billion. And this is a conservative estimate.

As per official figures, India signed arms deals worth $50 billion in the decade following the 1999 Kargil war to acquire fighter planes, warships, tanks, missiles, radars and the like. In the last three years alone, the defence ministry signed 465 contracts worth Rs 135,000 crore.

As per official figures, India signed arms deals worth $50 billion in the decade following the 1999 Kargil war to acquire fighter planes, warships, tanks, missiles, radars and the like. In the last three years alone, the defence ministry signed 465 contracts worth Rs 135,000 crore. â??India is not a war-mongering nation. But we cannot be complacent. Our aim is to give the most modern equipment to our armed forces so they can meet any challenge from any quarter at any time,â??â?? says defence minister A K Antony, normally not given to making strident noises.

Full Story: ARMS OPEN AT DESI WAR MART - Times of India

BMW M6 Series Convertible: Except for the retractable top, the convertible is very similar to the M6 coupe. It comes with a 7-speed manual gearbox, and the 5-litre petrol engine generates 500.

Jaguar XKR Convertible : This is an all-aluminum built convertible with a powerful 5-litre engine giving out 503 bhp. It can zoom from 0-100 km/hr in just 4.8 seconds. It comes with advanced features including the SmartKey keyless entry system.

Audi R8 : This dynamic sports car has a 4.2L engine offering 420 bhp. The light weight and the car’s all-wheel drive system add to its performance.

Full Story: Car Reviews Of New Cars - OfficialWire (press release)