Ford hopes to sell 20,000 Ikons
Ford India expects to record cash profits this year by selling around 20,000 Ikons. Ford India will also start exporting completely knocked down (CKD) kits to South America and South Africa by the year-end.

BIFR okays Hyderabad Bottling's takeover of Suvarna Cements
The Board for Industrial and Financial Reconstruction (BIFR) has given the go ahead to sick Suvarna Cements to transfer additional 46 per cent shares to Hyderabad Bottling Company (HBC).

Air-India to open bids for aircraft lease today
Air-India is to open financial bids for lease of Airbus and Boeing aircraft on Monday.The airline had floated a global tender last month, seeking three to five Airbus A310 and one or two Boeing 747-300 aircraft on dry lease for a three-year period.


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