Weekly News (25th – 31st Oct )

English clothing brand, Stephens

Brothers, is eyeing an up to 40 per cent revenue growth this fiscal and plans to enhance its retail

presence through a tie-up with large-

format store-chain -- Central, a top

company official said. Stephens Brothers

plans to acquire a carpet area of

around 300-400 square feet at

Central stores and will retail

merchandise for both men and

women, including apparels and accessories.

Clothing brand Stephens Brothers eyes 40 per cent revenue growth in FY11

A Honda spokeswoman said

the automaker will in the next couple of

months tell customers to bring cars to dealerships

for repairs.

Honda recalls 528,000 cars for cylinder snag

The country's largest carmaker Maruti today reported a

4.95 per cent rise in its net profit for the

quarter ended September 30 at Rs 598.24 crore on the back of its highest-

ever quarterly sales.

"This quarter, we achieved highest-

ever sales and in the domestic market we had a volume growth of 32.93 per cent," Maruti Suzuki India

(MSI) Managing Director and CEO Shinzo Nakanishi

told reporters here.

Maruti posts 5% jump in Q2 net profit; highest car sales

, India’s biggest company by market

value, reported a 28% rise in quarterly

net profit, in line with street

estimates, and sees a positive outlook as

strong demand in emerging markets

and modest economic recovery

in developed economies is likely

to boost sales for the oil and

petrochemicals major.

In the June-September quarter, when the spotlight shifted to growth and acquisitions

from a long-running dispute between chairman Mukesh Ambani and his

estranged brother Anil, Reliance’s

quarterly profit leapt to the highest in

about three years, while turnover rose

22.8%.

Reliance clocks best quarterly net in 3 years