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Wednesday, February 4, 2015

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Petrol, Diesel price cut by over Rs2 a litre
The price of petrol was cut by Rs2.42 per litre while that of diesel was reduced by Rs2.25. This is the tenth cut in the price of petrol since August last year, and the sixth in case of diesel since its regulation in October.

TCS announces relaunch of TCS Graduate Program in Australia
Tata Consultancy Services announced the relaunch of its TCS Graduate Program in Australia. This graduate recruitment initiative creates new tech sector job opportunities for Australian graduates that have been selected from a number of leading universities.

HCL Tech opens global delivery center in US
HCL Technologies announced the opening of its newest global delivery center in the U.S. Located at 2401 Internet Boulevard in Frisco. The opening of the facility will initially bring 300 local jobs to the Frisco community and offers space for an additional future 200 employees. The Frisco center complements HCL's U.S. network of global delivery centers, which created more than 1,500 jobs in the US in 2014.

Force Motors rallies in weak markets
Shares of Force Motors surged over 18%, touching to Rs1342.25, on media reports that Germany-based global auto major Bayerische Motoren Werke AG ( BMW) will source auto components from the Pune-based company.According to media reports, in an effort to localise manufacturing BMW plans to source major auto components such as engines and gear boxes from Force Motors.

Automobile sales: Good start for passenger vehicles
Automobile sales in January 2015: Good start for passenger and commercial vehicle segments; two wheelers tepid. The domestic automobile industry started calendar year 2015 on a promising note with passenger vehicle (PV) manufacturers reporting an improved performance led by market leader Maruti Suzuki.

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