You are here » Home » Multimedia » Photo Gallery » photogallery individual » October 21: The lensman`s view

October 21: The lensman`s view

  • October 21: The lensman`s view

    October 21: The lensman`s view

  • <p>A worker adjusts the windscreen wipers of a parked Alto car at a Maruti Suzuki stockyard on the outskirts of Ahmedabad</p><p><b>Maruti Suzuki, India&#39;s biggest car maker, has resolved a labour unrest at its Manesar plant, which had crippled production and sent sales tumbling in a market that has been hit by slowing demand due to high interest rates.</b></p><p>Maruti, which has lost around $400 million in production shortfall this fiscal year and seen its market share falling, said on Friday the operations at the plant would start on Saturday, sending its shares up more than 3%.</p>

    A worker adjusts the windscreen wipers of a parked Alto car at a Maruti Suzuki stockyard on the outskirts of Ahmedabad

    Maruti Suzuki, India's biggest car maker, has resolved a labour unrest at its Manesar plant, which had crippled production and sent sales tumbling in a market that has been hit by slowing demand due to high interest rates.

    Maruti, which has lost around $400 million in production shortfall this fiscal year and seen its market share falling, said on Friday the operations at the plant would start on Saturday, sending its shares up more than 3%.

  • <p>A shopkeeper speaks on a mobile phone at a vegetable wholesale market in Mumbai</p><p><b>Idea Cellular, India&#39;s fourth-largest mobile phone carrier by subscribers, posted a steeper-than-expected 41% drop in quarterly profit, sending its shares down as much as 3.2% in a flat Mumbai market.</b></p><p>The earnings were weighed down by higher interest costs and foreign exchange losses, the company said, adding it was optimistic of growth.</p><p>The outlook for Idea and its rivals have improved after the companies raised voice call prices in July by about a fifth, which was the first such increase in the ferociously competitive sector in at least 2 years.</p>

    A shopkeeper speaks on a mobile phone at a vegetable wholesale market in Mumbai

    Idea Cellular, India's fourth-largest mobile phone carrier by subscribers, posted a steeper-than-expected 41% drop in quarterly profit, sending its shares down as much as 3.2% in a flat Mumbai market.

    The earnings were weighed down by higher interest costs and foreign exchange losses, the company said, adding it was optimistic of growth.

    The outlook for Idea and its rivals have improved after the companies raised voice call prices in July by about a fifth, which was the first such increase in the ferociously competitive sector in at least 2 years.

  • <p>Labourers fasten iron rods together at the construction site of a commercial complex in Ahmedabad</p><p><b>Infrastructure company Hindustan Construction Co (HCC) on Friday said it posted a net loss in July-Sept. due to higher interest burden and significant delays in new infrastructure project allotments, sending its shares down nearly 5%.</b></p><p>"We are facing rough weather and this is the best we could do, of course this is also the monsoon period and that has its own share of delays," Chairman and Managing Director Ajit Gulabchand, told reporters.</p>

    Labourers fasten iron rods together at the construction site of a commercial complex in Ahmedabad

    Infrastructure company Hindustan Construction Co (HCC) on Friday said it posted a net loss in July-Sept. due to higher interest burden and significant delays in new infrastructure project allotments, sending its shares down nearly 5%.

    "We are facing rough weather and this is the best we could do, of course this is also the monsoon period and that has its own share of delays," Chairman and Managing Director Ajit Gulabchand, told reporters.

  • <p>An employee checks a 500-rupee note at a cash counter inside a bank in Agartala</p><p><b>The rupee stayed weak in afternoon trade on Friday after hitting a 30-month low earlier pushed by choppy domestic shares, importer demand and a retreat in the euro.</b></p><p>* At 2:20 pm, the partially convertible rupee was at 50.14/15, 0.7% weaker from Thursday&#39;s close of 49.79/80. It had touched 50.32 earlier - a level not seen since April 28, 2009</p>

    An employee checks a 500-rupee note at a cash counter inside a bank in Agartala

    The rupee stayed weak in afternoon trade on Friday after hitting a 30-month low earlier pushed by choppy domestic shares, importer demand and a retreat in the euro.

    * At 2:20 pm, the partially convertible rupee was at 50.14/15, 0.7% weaker from Thursday's close of 49.79/80. It had touched 50.32 earlier - a level not seen since April 28, 2009

LATEST GALLERIES