Sensex up 116 points in early trade

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Agencies: Mumbai, Nov 20 2012, 09:26 IST
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after promoters and private equity investor Carlyle Group started work on a share sale plan, said sources directly familiar with the process.

AUTOS

Honda Motor Co on Monday announced the recall of 11,500 units of standard variant of its premium motorcycle CBR 250R, which were produced and sold in India, due to a defective brake system.

AIRLINES

Air India Ltd is undertaking a series of steps to rid itself of debt while hoping to post an operating profit by the end of fiscal 2013 and a net profit by 2020, according to two senior airline executives. IT

Polaris Financial Technology is planning to allocate $100 million to acquire two to three product firms in four years, as part of its new plans to double its revenue, said Arun Jain, chairman of Polaris.

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