Two UBS bankers backed the creation of an illegal offshore investment vehicle to allow Indian billionaire Anil Ambani to invest in India stocks, UK market & financial services regulator told…
Commodity News
On the first day of bidding the Chemical manufacturer Galaxy Surfactants Ltd IPO has received a quiet response. On 13th May the IPO received bids for 13,920 shares or 0.28 per cent compared with 50.40 lakh shares on offer.
Auto major, Tata Motors has said that it will consider exporting its new Sports Utility Vehicle (SUV) Aria from the country.
The company might start exporting the SUV in the next six months. It has recorded a strong 77 per cent growth in exports in September 2010 compared to the same month last year.
Tata Motors Passenger Car Business Unit Utility Vehicles Product Group Head S G Saksena confirmed that the company has some plans for export and pointed out that it takes about six months for a company to start exporting a vehicle after it is introduced in the domestic market.
The recently launched smartphone from Nokia, the N8 has received good reviews from the customers. The Nokia N8 is based on Symbian 3 OS from the company and has a 12MP camera sensor.
The N8 smartphone comes with Ovi services allowing users to access social networking services and also enjoy on-demand online television programmes. The device features 12MP camera, USB-on-the-Go, 720p HD video output.


