Luxury car manufacturer Mercedes-Benz India Private Ltd is confident that sales will hit an all-time record in India this year. The company has already sold more than 50 percent of its 2007 sales during the first four months of 2008.

The Indian equities markets opened in the red Monday, tracking mixed cues from other Asian markets.

City-based Xenitis Group, the manufacturer of Xpression brand of motorbikes, has said its automobile wing will post a turnover of Rs.5 billion ($125 million) in 2008-09.

Delhi Chief Minister Sheila Dikshit Sunday assured those engaged in meat trade in the national capital the government will look into their problems and set up more modern abattoirs.

Three more people have been arrests here for their involvement in an alleged Rs.800 million ($20 million) fraud by a software firm Vispro following the complaint of a former student, the Tanmil Nadu poluice announced Sunday.

The Supreme Court has ruled that the owner of a vehicle, plying it as a taxi flouting an insurance condition, will still be entitled to 75 percent of the insured sum on its theft or carjacking.

Ten railway workers were killed by tribal separatists in India's restive north-eastern state of Assam, officials said Sunday.

At least 100 people Sunday took oath in a village temple in Orissa to fight against the proposed $12 billion steel plant in their region to be set up by South Korean company Posco.

The much awaited 'Vision 2020' document, an ambitious poverty alleviation programme for the northeast, would be finalised in the plenary session of the North Eastern Council (NEC), officials said here Sunday.

With the government saying its new coastal zone management (CZM) rules will come into effect at June-end, about two million people living in India's 3,200-odd coastal villages and hundreds of towns fear for their livelihood.

One chapatti for 50 paisa, a plate of rice for Re.1, a bowlful of curry for Re.1...So reads the menu card of a 'restaurant' on railway tracks that has been running here for the last 51 years. In times of high inflation, it is a godsend for the poor.

India's manufacturing sector witnessed a decline between April 2007 and March 2008, says a survey conducted by a leading industry chamber.

The gap of over 1,200 MW between demand and supply of power in Madhya Pradesh is set to widen with its three thermal power stations facing severe shortage of coal.

A case of cheating has been registered Saturday against Shiv Kumar, the promoter of software company Vispro, for allegedly cheating software professionals to the tune of Rs.800 million ($20 million), the police said.

The All-India Jamiatul Quresh (AIJQ), a Muslim community mainly engaged in the dairy, meat and leather industry, will organise a nationwide rally here Sunday to address problems faced by its members.