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Border line

France is a deeply scary country to be out driving in. The speeding laws are draconian and whether they cause a significant drop in accident rates and related statistics or not, the number of ways the French police have of catching you speeding and then fining the life out of you are staggering.

Pipe dream?

2011 is going to be a big year for the automotive industry. There are a dozen new car launches lined up. But the big ticket items are not the cars headed to India but the motorcycles.

Chaos at K-thou

Can things get any worse than a rally being cancelled a week before being scheduled to run? Pulling out of a rally on safety grounds? That’s what happened at the K-1000 in Bengaluru with half the field pulling out. Here’s how it went down:

Full throttle

December was the month of Britain’s Motorcycle Live show. And it was great to see new life breathed into the UK’s bike show held annually at Birmingham’s NEC conference centre.

Sea change

Sea change

Testing taboo

Yamaha gained kudos for sportsmanship when they released Rossi early from his contract to test the Ducati he will ride next year. I believe the praise was gained quite cheaply.

Wunderkind

Sebastian Vettel has become the youngest World Champion in F1 history, and it’s a title that’s totally deserved. Adrian Newey and the team at Red Bull Racing built a car that was the class of the field right from the opening round in Bahrain in terms of speed.

Gitanjali Gems likely to close PE deal by Feb

Indian jewellery firm Gitanjali Gems is in "advanced talks" with two private equity players to raise up to USD 100 million, and hopes to close a deal by February, a top official said on Wednesday.

Infrastructure Development Finance Company approves issue to open for subscription

Infrastructure Development Finance Company has approved issue to open for subscription from January 17, 2011 - February 4, 2010.

ACIL Cotton Inds to acquire 2500 acres for contract farming activity

ACIL Cotton Inds to acquire 2500 acres contract farming activity in Ahmadabad and Bhavnagar Districts.

Buy A K Capital Serv; target of Rs 817: Firstcall Research

Firstcall Research is bullish on A K Capital Services and has recommended buy rating on the stock with a target of Rs 817 in its January 4, 2011 research report.

Nifty ends below 6100; Bank, Realty, Auto indices dip 2%

Equity benchmarks saw a profit taking on Wednesday on the back of sell-off in financial, auto, metal, realty, telecom and capital goods companies' shares. The benchmark Nifty slipped below 6100-mark in second half of trade, especially after a fall in global markets.

Money Matters Financial Services; January 14, 2011 record date to convert warrants into shares

Money Matters Financial Services as fixed Jan 14, 2011 as the 'Record Date' to convert warrants into shares at Rs 485.36.

Swaraj Mazda name changed to SML ISUZU

Swaraj Mazda has changed the name of the company from “Swaraj Mazda” to “SML ISUZU”.

BlackBerry Offers Cloud Option For Interception

With the approaching deadline to offer complete solution for monitoring of its contents by January 31, BlackBerry maker Research in Motion (RIM) has offered lawful interception in its security architecture through cloud computing from Indian operators.

Ramco Systems Wins Order From MAS GMR

Ramco Systems, the software company focused on consulting, products, and managed services, has announced an order win from MAS GMR Aerospace Engineering Co. Ltd. for its Airframe Maintenance, Repair & Overhaul (MRO) suite of Aviation software offerings.

Passive Funds: The sense in Sensex

Passive funds are becoming popular. Find out if they are right for you

182 day Treasury Bills : Auction Result

182 day Treasury Bills : Auction Result

91 day Treasury Bills : Auction Result

91 day Treasury Bills : Auction Result

CRISIL assigns valuation grade of 4/5 to Time Technoplast

CRISIL Research has come out with its report on Time Technoplast. According to the research firm fundamental grade of ‘4/5’, indicating that its fundamentals are ‘superior’ relative to other listed securities in India.

Coal India Apr-Dec output up 1.35%; stock down 3%

Coal India Apr-Dec output rose 1.35% at 299.5 mt (YoY) and its dispatches rose 3% at 310.4 mt (YoY), quoting NewsWire18, reports CNBC-TV18. It touched an intraday high of Rs 319 and an intraday low of Rs 309. At 15:10 hrs the share was quoting at Rs 309.55, down Rs 10, or 3.13%.

Tata Equity P/E Fund declares Dividend

Tata Mutual Fund has announced a dividend under Tata Equity P/E Fund - Trigger Option A – 5%, for which the record date has been fixed has January 10, 2011.

V-Guard Inds achieves sales turnover of over Rs 500 cr

V-Guard Inds has achieved sales turnover of over Rs 500 cr for the first nine months of the fiscal 2010-2011.

MRPL seeks crude in unusual tender amid Iran row

India's Mangalore Refinery and Petrochemicals on Wednesday issued its second tender this week to buy high-sulphur crude amid an ongoing oil payment dispute between India and Iran.