Volvo forays into Indian car market with 6 variants Close on the heels of German luxury car makers BMW, Mercedes, Audi and Volkswagen (VW) that are tapping the luxury car segment of the Indian market, Swedish car major Volvo Car Corporation has announced its entry with the launch of six variants of its two flagship models, the S80 sedan and the SUV XC90, in the price band of $95,000 (Rs. 38 lakh) to $1,30,000 (Rs. 52 lakh). 12 Sep 2007
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Cell phones driving new markets, says Sun Microsystem Sun Microsystems Inc. expects consumer cell phones on the Java software platform to drive demand for Sun servers in developing countries, Chief Executive Jonathan Schwartz said on Wednesday. 30 Aug 2007
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Intel unveils new chips for business market Intel Corp on Sunday unveiled its new vPro chip technology aimed at making business personal computers more secure, as the world's largest chipmaker seeks to solidify its brand. 27 Aug 2007
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Tata Tea to JV in Russia, eyes US market Tata group-owned Tata Tea Ltd., world's second largest branded tea company is all set to form a 50:50 joint venture company in Russia by the end of this fiscal even as it is looking to expand its presence in the beverage market in the US. 27 Aug 2007
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Nokia plans big for its second largest market: India India, the world's fastest growing mobile market, has emerged as the second largest market for Finland-based Nokia Corporation, the world's largest cellular phone maker, which wishes to position the nation as a global export hub besides pumping in $100 million in its manufacturing plant for consolidating its presence. 25 Aug 2007
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Posco, SAIL ink strategic partnership The world's fourth largest steel producer South Korean Posco and state-owned steel firm SAIL has inked an agreement which will allow them to enter into a strategic partnership to cooperate in the area of purchasing raw materials and sharing marketing network in India. 19 Aug 2007
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US subprime crisis triggers Asian markets' fall; Sensex plunges 643 points Continuing worries about US housing downturn and fears of global credit squeeze have affected global markets, Thursday, August 16, resulting in huge losses in the Asian markets including the Bombay Stock Exchange (BSE) benchmark 30-share sensitivity index, the Sensex, which recorded the second biggest loss in absolute terms in history. 17 Aug 2007
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Sensex recovers in volatile market, ends above 15k for the week The Bombay Stock Exchange (BSE) benchmark, the 30-share sensitivity index, the Sensex, recovered from the mid-week mauling which saw it plunge 615.22 points – its third biggest fall in absolute value – to end the week above 15000 at 15,138.40 against last weekend's close of 15,234.57, a net loss of 96.17 points or 0.63 percent. 04 Aug 2007
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Videocon aims big, eyes US foray Indian consumer goods major Videocon has set its sight on entering the US market in a couple of years, followed by a Nasdaq listing. 18 Jul 2007
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India tops retail market index: Study India, Russia, China and Vietnam top the list of the most attractive emerging markets for retailers' investment in 2007, according to a study published June 21. 29 Jun 2007
