The Telegraph
Monday , March 29 , 2010
Since 1st March, 1999
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Business Briefs

Car prices set to rise

Mumbai, March 28: Major car makers, including Tata Motors, Fiat, Hyundai, Mahindra and General Motors, plan to hike prices after the implementation of new emission norms, which will require them to upgrade their products. The government is set to implement the Bharat Stage IV emission norms from April 1.

Currency trade

New Delhi, March 28: Market regulator Sebi has allowed the United Stock Exchange, promoted jointly by the BSE and Jaypee Capital, to launch trading in currency futures. The United Stock Exchange will be the third exchange at the national level after the National Stock Exchange and MCX-SX to trade in currency futures.

IIP data

New Delhi, March 28: The government will come out with a more representative data on industrial production by adding nearly 150 items and deleting the obsolete ones from the basket of goods and services from April. The April data will come out in June.

Chemical duty

New Delhi, March 28: India has imposed anti-dumping duty of up to $213.34 per tonne on the import of a chemical from China used in manufacturing glass, bricks and tiles to protect the domestic industry.

Godrej move

Calcutta, March 28: Godrej Properties has started the second phase of the Godrej Prakriti project. The project on BT Road will have 360 apartments.

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