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Mercedes-Benz to launch long-haulage trucks in India
Mercedes-Benz is planning to launch over-dimensional-cargo (ODC) vehicles and long-haulage trucks that can carry up to 240 tonnes in India soon.

Markets in consolidation mode
It was a day of consolidation. The markets ended flat after trading in a narrow, albeit choppy range, as they attempted to digest the gains of the past two days. The Sensex closed below the dotted line at 17,169, down 28 points, and the Nifty ended at 5,123, up a point.

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Shobhana Subramanian: When shoppers don't stop
Shobhana Subramanian / Mumbai November 6, 2009, 0:43 IST
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Geojit BNP Paribas Q2 net zooms 150%

Brokerage firm Geojit BNP Paribas Financial Services has clocked a net profit of Rs 13.06 crore in the second quarter this fiscal, registering a 150 per cent growth over Rs 5.22 crore in the same period last year. Geojit MD C K George attributed the positive results to favourable market conditions and renewed investor confidence that have led to the growth of the company. - South Indian Bank posts 40% growth in Q2 net - HDFC net up 24% in Q2 - Axis Bank net growth slows to 32% - HDFC Q2 net rises 24% at Rs 664 cr - Axis Bank Q2 net up 32% at Rs 531.64 cr - Exide Q2 net up 92% to Rs 149cr Sensex pares gains; Hindalco up 4% Oil rises on bullish US manufacturing data Rupee gains 14 paise at 46.23/$ in early trade Asian markets erase partial gains Banks not ready to withdraw prepayment penalty on foreclosure Geojit has opened new branches in North India, Gujarat, West Bengal and Orissa to reach out to local investors, he said.


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