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A pairing of the two auto parts suppliers could have salesof $7 billion in China, the world's biggest and expanding automarket, JCI said in a statement on Friday."We believe that Visteon's interiors and electronicsbusinesses would be an excellent strategic fit with ourautomotive experience business," said JCI Chief ExecutiveOfficer Stephen A. Roell.
Power tariffs in Delhi are set to increase following the government’s decision on Wednesday to more than double the price of natural gas, used as a fuel to produce electricity. The exact quantum of hike in consumer tariffs will be decided by the state power regulators.
The cost of compressed natural gas (CNG) and piped natural gas (PNG) is set to go up quite steeply in Delhi, Mumbai and other cities including Pune, Indore, Ahmedabad, Lucknow, Vadodara and Vijaywada.
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This is the fallout of the government’s decision on Wednesday to more than double administered price of natural gas produced by state-controlled ONGC and Oil India Ltd (OIL). This could also hurt power tariffs.![]() Indian Express | Sensex rangebound; realty, auto, metal slip Moneycontrol.com The BSE realty, auto, metal indices were trading lower. However, some buying was seen in oil & gas, pharma and banking stocks. Stocks like ICICI Bank, HDFC, ... Sensex slips over 300 pts; banks,realty,metal,auto down 2% Sensex down 150 pts; banks, realty, metals, auto slide Sensex off day's high…Metals, Auto drag |
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By BILL DRAPER– 5 hours ago KANSAS CITY, Mo. — A Kansas City auto parts dealer who had sworn allegiance to al-Qaida pleaded guilty Wednesday to taking part in a conspiracy to provide financial support to the terrorist group.
Khalid Ouazzani, 32, a Moroccan native who became a naturalized U.S. citizen in 2006, admitted that he sent $23,500 to al-Qaida between August 2007 and mid-2008.
Although Ouazzani talked with others about ways to support al-Qaida, including plans for them to fight in Afghanistan, Iraq or Somalia, U.S. Attorney Beth Phillips said he did not pose a threat to the Kansas City area, where he briefly operated a business that sold auto parts and used vehicles.
Sensex were Sterlite Ind at Rs 651.40 down 5.31%, ICICI Bank at Rs 843.35 down 5.17%, Tata Motors at Rs 733.30 down 4.96%, Jaiprakash Asso at Rs 122.25 down 4.23% and M&M at Rs 538.90 down 3.73%.
Top losers on the BSE Midcap : Aban Offshore, Essar Shipping, IVRCL Infras, Hind Oil Exploration and MTNL lost 5.5-6.5%.
Top gainers on the BSE Smallcap : Lloyds Metals, Gujarat Natural, Henkel India, Take Solutions and Zandu Realty were up 16-20%.
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