Sapped

Farewell, thou worthy mates! Yes, it seems like “Hamaara Bajaj” to looking up to motocycles now. Bajaj will not produce any more scooters from now and has decided to concentrate upon developing their bike ranges. “We want to become a motorcycle specialist and do not want to distract ourselves by scooters and mopeds… we cannot get greedy and try to do everything,” Bajaj said. “We are not developing scooters. We have no scooter on the drawing board.”

There are although, apparently not many reasons to continue the scooter segment, says Bajaj Auto. This is because sale of scooters from the company has actually decreased hundreds per month. For motorcycles offer more mileage, apart from style and comfort.

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Bombay Stock Exchange is in a jeopardized condition. The sensex has dipped straight down below 16,000 points owing to a dip in the profit values of India’s top company, Reliance Industries. Although it had gained pace, that is around 300 points in early trade, it lost 156.44 points, slipping down to 15,896.28 as both Reliance and IT giants Infosys lost high profit levels.

After Reliance reported a dip in its net profit graph by a 6 percent figure, shares for the company dropped, that is by nearly 3.62% (Rs 1,931.25, per day)

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courtesy hinduuonnet

Offering $263 million credits for setting up three projects ,which are, the 60-MW Katende hydroelectric power project which is expected to cost $160 millions, $50-million Kinshasa City Urban Railway System Rehabilitation project and $45-million Kakobola Hydro-electric power project in the Democratic Republic of the Congo and also for the enhancement of IT setor in the country, Indian Foreign Exchange Minister S.M. Krishna reportedly made the media aware of India’s hand of friendship towards the Central African country.The decisions were taken after Congo Foreign Minister, Alexis Thambwe Mwamba visited India for a four-day official visit.

Appreciating the meticulous work of the Indian contingent of 5,000 soldiers in the UN Mission to DR Congo (MONUC), Mwamba stated that India has ” not only engaged in peace-keeping but also carried out significant humanitarian work for the Congolese”.

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courtesy topnews.in

Seems like Baadrinath and Kedarnath  have put some holy mantras over Anil “Smart” Ambani who has reportedly expressed his deepest concerns and desire to be reunited with elder brother Mukesh Ambani for whom he had “maintained the greatest of love, affection and respect for Mukeshbhai,”and put an end to a seemingly perpetual period of “bitterness and rancour” when the two brothers went into a legal war over the distribution of gas and the reorganisation of the Reliance group.

Anil Ambani made the pilgrimages  to the holy shrine “In the hope of seeking divine inspiration and blessings, in trying to heal the wounds, and in making a renewed effort to resolve, reconcile and reciprocate.”

Speaking on the bereaved mother’s condition after the sons parted ways, Anil emphasized the need of the hour to reconciliate with Mukesh to  “gift” peace to his mother, Smt. Kokilaben Ambani, in her 75th year, and “to the legacy of our beloved father, Shri Dhirubhai Ambani, the proud creator of the Reliance Group.”

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