RBI wants tighter norms for non-bank fin cos MUMBAI (Reuters) - The Reserve Bank of India may increase lending and provisioning rules for financial firms that do not operate as banks, tightening regulations for an industry that has grown rapidly...
Maruti halts production at plant on worker issues NEW DELHI (Reuters) - Maruti Suzuki, India's top car maker, on Monday has halted production at its Manesar plant in Haryana after it dismissed some workers and asked all others to sign a "good conduct...
Indian Oil to shut Mathura plant, Koyali units in Sept... NEW DELHI (Reuters) - Indian Oil Corp, the country's biggest oil refiner, will fully shut its 160,000 barrels per day (bpd) Mathura refinery in northern India from Sept. 21 for a three-week maintenance,...
KEC International has declared its third quarter results. Its Q3 net profit was up at Rs 81 crore versus Rs 58 crore, YoY. Its net sales were up at Rs 1,459 crore versus Rs 1,071 crore, YoY, reports CNBC-TV18. 
India's largest private sector lender ICICI Bank has reported better than expected 20.25% growth year-on-year to Rs 1,728 crore in the third quarter of FY12. 
HONDA:Honda slashes annual profit outlook on disasters, yen 
INDIA-COAL:Coal India cuts coal price; review after March 
INDIA-SCANIA-INVEST:Scania to invest $30 mln in India plant 
Trainer aircraft crashes near Chennai: crew ejects safely 
MARKETS-PRECIOUS:Gold edges up; heads for biggest monthly gain since Aug 
The eurozone debt crisis is a short-term bearish factor for commodities prices - both because of its impact on economic growth and on commodity trade finance. 