Maruti Suzuki is ready to mend the oil leakage troubles in the engines of its 6,000 Alto cars that were made in April 2010.

The oil leakage problem leads to starting troubles.

Around 800 sales network centres and approximately 2,740 service workshops will be hired to settle the problems.

Finally, telecom operator BSNL has discovered a suitable head for itself.   

Mr. Gopal Das is ready to replace Kuldeep Goyal as the new Chairman and Managing Director (CMD) of the country's biggest telecommunication company Bharat Sanchar Nigam Ltd BSNL.

Kuldeep Goyal will retire on 31st July, 2010.

For the week ended July 17, the country's annual food inflation dropped down to single digit at 9.67% for the first time in 2009 as against 12.47% a week earlier, providing relief to an embattled administration confronting a joint opposition attack on growing costs.

Food inflation remained above the 16% level for most part of 2009, before dropping down to below 13% since mid-June.

Videocon has introduced a new range of cellular phones, which comprises the Qruz V1425, V1424, and V1430.

The newest collection of phones takes the company's total count of mobiles to 25.

The newly launched Qruz V1425 is a double SIM phone with boom speaker, VGA Camera, Bluetooth, long 1200 mAH battery, MP3 player and high resolution 2 inch TFT screen.

Private refiner Essar Oil Ltd has registered a net loss of Rs 70 crore during the three month period ended June 2010 as against a net profit of Rs 169 crore in the same period of 2009.

But, the total income of the company surged to Rs 10,570 crore during the quarter under review as against Rs 6,601 crore for April-June 2009.

JSW Steel Ltd has recorded an increase of 3.01% in its net profit, which stood at Rs 350.27 crore during the first quarter of the existing financial year.

The country's second largest steel manufacturer had recorded a net profit of Rs 340.02 crore in the same period of 2009.

Stock markets have broadened their losses in spite of worldwide markets trading on a high note.

The benchmark indices are trending lower on account of a series of feeble earnings report over the weekend.

Banking scrips remained weak prior to the central bank's evaluation of monetary plan on July 27.

Karbonn Mobiles has rolled out its newest double SIM cell phone, K25, in the Indian market.

With a QWERTY keypad, the newly launched handset comes packed with a 2.3-inch QVGA display.

Other amazing functions of K25 comprise GPRS, Bluetooth, 1600 x 1200 pixels resolution, 2.0 USB port, up to 2000 phonebook entries, support for WAP, SMS, MMS and e-mail.

Shares of the country's largest auto maker Maruti Suzuki have declined over 10 per cent after it registered a drop of 20% in its quarterly income.

Shares dropped to Rs 1,218 ($26; £17) as against their last closure at Rs 1,358 on Friday.

Following the unexpected growth in ex-factory rates, the retail prices of sugar in retail will increase by Rs 3 per kilogram.

During the last week, sugar millers decided to lift costs of the sweetener by 4-6%in order to cut down losses after prices drop below production cost.