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Tata's Corus cuts hours for 4,600 staff

Tata Steel unit Corus has applied to the Dutch government to part-fund temporary cuts in the work hours of 4,600 staff.

To enhance shareholders value, Vedanta Resources said it will buy back shares worth $250 mn.

For big-bike business, the company will set up exclusive stores in the four metros initially.

State-run carrier Air-India said it will cut its fuel surcharge for all domestic flights by 400 rupees, effective Dec 2.

Indian airlines have seen some slowdown in passenger traffic following last week's deadly attacks in Mumbai.

Unperturbed by the ongoing struggle to avoid bankruptcy, General Motors said it is making India power-trains development hub for Asia-Pacific.

Essar Steel has joined hands with Japan's Kobe Steel for technical assistance to strengthen its high-end product mix for the automobile sector.

TVS Motor Co said its two-wheeler sales for November fell 12.73 pct to 98,402 units.

Country's biggest car maker Maruti Suzuki reported 27.4 pct decline in car sales during Nov.

Tatas-controlled Taj Hotels condoled the death of 10 of its employees during the terrorist attacks.

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