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Briefly Business:Retail inflation for farm, rural workers eases in September

Oct 20 2013, 04:58 IST
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SummaryRetail inflation for farm and rural workers eased to 12.78 per cent and 12.44 per cent in September, respectively.

Retail inflation for farm, rural workers eases in September

NEW DELHi: Retail inflation for farm and rural workers eased to 12.78 per cent and 12.44 per cent in September, respectively from 13.21 per cent and 12.89 per cent in August this year. According to an official statement inflation based on food index of CPI-AL and CPI-RL are 13.27 per cent and 13.08 per cent, respectively during September this year. pti

GM restarts Tavera SUV production

Mumbai: General Motors Co has restarted the production of its Tavera sport-utility vehicles in India after receiving regulatory approvals, a company executive said on Saturday. In July, GM recalled 1,14,000 Tavera vehicles, citing issues relating to emission standards and other regulatory specifications. REUTERS

NRI buys 4.99% in Dhanlaxmi Bank

Kochi: NRI businessman MA Yusuffali has acquired 4.99 per cent share in Kerala-based Dhanlaxmi Bank after purchasing stakes in two other lenders in the state earlier this year. Yusuffali, had earlier this year acquired close to five per cent stake each in Federal Bank and Catholic Syrian Bank. Yusuffali owns the supermarket chain Lulu in the UAE. pti

Fresenius gets more time for delisting

New Delhi: Fresenius Kabi Oncology on Saturday said Securities Appellate Tribunal (SAT) has granted it an extension of two months to complete its delisting offer. The order came after the firm had filed a Miscellaneous Application before SAT seeking an extension of time to complete the delisting offer. pti

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