Bajaj three-wheelers outsell Chinese three-wheelers in Peru. The Pulsar is number one in its category. Nikhil Lakshman discovers in Lima that even though the Chinese are far ahead in investments in Latin America's fastest growing economy, Indian manufacturing and IT are holding its own.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
Budget might turn out to be neutral for the sector.
The industry status will help the sector access bank lending at average interest rates
Real estate sector cheers reforms in the Budget.