Indian businessmen on the forum would also include Baba Kalyani of Bharat Forge, Sunil Kant Munjal of Hero Honda, Nandan Nilekani of Infosys, Vikram Kirloskar of Toyota Kirloskar and Deepak Parekh of HDFC.
Domestic passenger car sales in June grew by 16.36 per cent at 94,002 units as against 80,784 units in the same month a year ago.
Thirty stocks from various sectors form the Sensex.
The ongoing credit squeeze in the sluggish two- and three-wheeler markets may affect the March sales targets of the three leading domestic players in the country. Taking the cue from a buoyant FY07 where the two-wheeler industry grew by a healthy 11.42 per cent, companies such as Hero Honda, TVS Motors and Bajaj Auto were hoping to surpass the FY07 target of 7.8 million units this year.
The lower sales growth rate is on account of single-digit growth in sales by Reliance Industries (6.3 per cent), Reliance Energy (9.53 per cent), Hero Honda (5.48 per cent) and Biocon (7.52 per cent). Companies that posted a decline in sales included two-wheeler giant Bajaj Auto (- 3.03 per cent), pharmaceutical major Ranbaxy (-4.79 per cent) and Madras Aluminium (-11.13 per cent).
The price war in the motorcycle market is all set to worsen with large production capacities at tax-free locations in the north ready to go on stream.
Jyoti Randhawa and Chapchai Nirat are in joint lead after the penultimate round at Indian Open golf.
Thailand's rising star Chapchai Nirat and Chinese Taipei's Chang Tse-peng jointly lead the field in the Hero Honda Indian Open golf tournament.
The Indian ace was in joint lead with compatriot Gurbaaz Mann, Korea's Hur In-hoi, Australia's David Gleeson, Thailand's Chapchai Nirat and Malaysia's Danny Chia after the first round at the Hero Indian Open golf tournament.
Country's top-ranked golfer Jeev Milkha Singh will spearhead the local challenge at the Indian Open beginning from Thursday.
The country's golfing giants will grace the fairways of Delhi Golf Club next month at the prestigious Hero Honda event.
Chinese star Liang Wen-chong birdied the last two holes for an emphatic win at the Hero Honda Indian Open on Sunday. Liang, who was the 2007 Asian Tour's Order of Merit winner, nailed a two-under-par 70 at the Delhi Golf Club for a one stroke triumph over Australian rookie Darren Beck, who posted a steady 65.
Declining sales and sliding margins are compelling two-wheeler makers such as Bajaj Auto, Hero Honda and TVS Motors to rejig strategy, to cope with the slowdown.
Maruti Udyog Ltd has been rated the 'most trusted' passenger car company of the country, according to a survey by global research firm TNS.
The existing players say that their traditional advantages will propel the two-wheeler industry against any threat from Tata's car.
After Reliance Industries, Tata, Bharti and the AV Birla group, the Hero group is all set to enter the Indian retail sector.
Nirmal Jain of India Infoline discusses his view on various stocks based on their earnings performance.
Prime Minister Manmohan Singh on Thursday expressed confidence that the Indian economy, currently growing at an unprecedented 8 per cent for the third straight year, would expand by 9-10 per cent annually over the next five years.
IDFC believes that for a sustainable 8% annual growth in GDP, Indian roads need to keep pace with a 9% growth.
The Sensex finally closed with a gain of 52 points at 7,944 on the first day of the Samvat year 2062.\n
The markets opened firm on Tuesday and crossed the 7,800 mark after opening with a gain of 7 points at 7,774.
Rajiv Bajaj is on a high. First Bajaj Auto raced into the executive segment with the Discover snapping up a share of 21 per cent
Yamaha is all set to launch two premium bikes, priced close to Rs 1 lakh. This is an attempt to revive the company's dipping sales and image.
A tied ninth place finish at the high-profile HSBC Open in Shanghai lifted Jyoti Randhawa\n14 places and saw him join compatriot Jeev Milkha Singh in the top-100 of the world golf rankings on Monday.
Anish Damania of Emkay Shares and Stock Brokers gives his view on certain stocks post their results
Jyoti Randhawa returned a tournament best eight-under 64 to emerge sole leader after the penultimate round in the Hero Honda Indian Open golf tournament.
The duo share the lead on 10-under-par 134 on day 2 of the Indian Open.
The ace Indian golfer came up with a brilliant final round at the Mercuries Masters in Taiwan to win his second Asian Tour title after 11 years.
US auto and industrial component major Timken Company on Thursday said it was looking at setting up a manufacturing facility in India
Bajaj Auto says that their motorcycle mix is profitable, and they have also seen a boost in three-wheelers and exports growth
The markets opened flat and slipped in the negative terrain taking cues from weak Asian peers.
The 39-year-old golfer has half a dozen top-10 finishes at the Indian Open, including two in last two years, but never won it.
The Indian golfing ace will be playing in India after a gap of four years.
The Delhi Golf Club course has stretched beyond the 7,000-yard mark. A series of changes on three of the crucial holes, including two par-4s, has taken it to 7014 yards.
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