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GM February sales up by 81 pc

New Delhi, Mar 1 (UNI) General Motors has registered an 81 per cent growth in its February sales at 3,087 units as against 1,709 units during the corresponding period last year.

The sales comprise of 1,801 units of Chevrolet Tavera, 1,085 units of Chevrolet Aveo/U-VA and 201 units of Chevrolet Optra.

General Motors Halol facility in Gujarat is undergoing expansion to enhance its capacity to 85,000 units to cater to the increased market demand for Chevrolet brand of vehicles while work on its new manufacturing facility at Talegaon is on and is expected to be operational by end of next year, a statement said.

The plant when completed will have an annual production capacity of 1,40,000 vehicles.

UNI

Sensex opens low at 13,139 pts

Mumbai, Feb 2 (UNI) The BSE Sensex today opened low at 13,139.10 points compared to 13,159.55 points on the previous day's close on profit booking by local big operators. The market drifted lower in early trade amid volatility. Cement and steel shares edged higher since producers raised prices yesterday. ITC suffered an early setback. Later, the Sensex was down 42 points, at 13,116. It moved between positive and negative in early trade, within a range of 13,073.29 - 13,179.71......

RIL

Mumbai, Mar 2 (UNI) Most domestic corporates have decided to shell out dividends for the current fiscal (2006-07) in the garb of interim dividend on or before this month-end, so as to save on the additional Dividend Distribution Tax(DDT) which will come into effect from April 01, 2007 as announced in the Union Budget proposals of 2007-08. To start with, Reliance Industries Ltd(RIL), India's largest private sector company today informed Bombay Stock Exchange that it will convene Board meeting on March.....

Sensex plunges by 273.42 pts, to end below 13,000 mark

Mumbai, Mar 2 (UNI) The Sensex today plunged by 273.42 points below the psychological 13,000 level on the Bombay Stock Exchange to close in the red at 12,886.13 after most European markets registered a downward trend. A sell-off gripped the market in late trading, as Index heavyweight Reliance Industries (RIL) nose-dived and so did IT scrips, cement, banks and telecom shares. Earlier, the Sensex had resumed low at 13,139.10, registering the day's high at 13,254.03 and the day's low.....
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