LARSEN & TOUBRO:L&T is expecting an Internal Rate of Return from 14% to 17% from Hyderabad Metro Rail Project With the IRR increase the Company expects the project to achieve a break even in 5-6 years.
Air India’s Apr Jun Revenue up 26%;yields,seat factor. Air India has clocked a healthy Revenue up besides up a significant rise in the yield and seat factor in the apr-jul period.
Maruti suzuki to produce auto plant in Manesar,to produce 2.5L vehicles a year. Maruti is going to launch a new plant at Manesar and produce 2,50000 new vehicles this year.
DTC Bill brings bad news for NRI’S: More NRI’s will come under the Tax banner if the bill for the tax will be approved in the parliament if they stay in India for more than 60 days in a year
RISE IN FOOD INFLATION: Food Price Index rose to in an year. It was Marginally lower at 10.05% a week ago.