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Steel pipe sector looks to grow 25% on demand from developed nations
The Rs 15,000-crore steel pipes industry is set to grow 20-25 per cent in the next 3-4 years following massive investment laid out on energy security by the governments of developing economies. Developed economies require a change in existing pipelines that were installed over 25 years ago and demand is likely to emerge from various sectors of global economies.

Tata Power net drops 30% in Q2
Electricity generator and distributor Tata Power today announced a consolidated net profit after statutory appropriations of Rs 367.73 crore for the second quarter of current fiscal, down by 30.34 per cent over the corresponding period a year ago.

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Will the IIM global foray be easy?
The IIMs will have to reinvent themselves considerably if they are to compete with top B-schools internationally - both in terms of their faculty as well as their curriculum.
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Domestic passenger car sales jump 40% in Dec

Domestic passenger car sales jumped by 40.27 per cent to 1,15,268 units in December last year. - Total auto sales jump 68% to 1 mn units in Dec - Ku Klux Klan cartoon in Indian paper angers Australia - Race to lower car loan rate hots up - Subir Roy: An unbearable greyness">Subir Roy: An unbearable greyness - Ghosn overruling electric engineers - ICICI, Axis cut car loan rates Total passenger car sales were 82,174 units in the same month 2008. Motorcycle sales were up by 76.70 per cent at 5,92,596 units in last month compared to 3,35,370 units in the year-ago month, Society of Indian Automobile Manufacturers (SIAM) said at the 10th Auto Expo here. Total two-wheeler sales rose to 7,67,796 units in December 2009 from 4,60,852 units in the corresponding month in 2008, a growth of 66.60 per cent, SIAM said. The sale of commercial vehicles jumped by nearly three-fold to 48,614 units in the month compared to 17,897 units in the same month previous year, it added. The total auto sales were 10,00,500 units in December against 5,97,241 units in the same month in 2008.


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