US markets edge up

US markets edged up on Monday. The Dow added 30 points to 10,501. The Nasdaq gained 22 points (1%) at 2,212. However, Indian ADRs were mixed. Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit Meanwhile, Infosys gained 2% at $53.4. Wipro and Genpact added around 1% to $20.12 and $14.2, respectively.

Delphi to showcase number of auto components in Delhi Expo

Global auto component maker Delphi today said it will showcase a number of its automotive technologies during next month"s Delhi Auto Expo including SD card-based navigation and generic body control module designs.

10 yrs after Kargil, Bofors upgrade hangs fire

On the tenth anniversary of the Kargil conflict, the gun that did so much to facilitate that victory — the 155 mm Bofors FH-77B — could be staring at a major setback. With India’s artillery modernisation programme already stalled, the plan to refurbish and upgrade India’s old 155 mm FH-77B Bofors guns also seems headed for failure.

Paramount in talks to buy Star Aviation

Wants to expand within the country and outside, while Star Aviation, yet to begin operations, has three aircraft ready

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