Archive for December, 2009

Colgate Factory Workers Strike in West India

Tuesday, December 29th, 2009

Colgate-Palmolive India Ltd. said Tuesday workers at a toothpowder factory at Aurangabad in the western Indian state of Maharashtra have gone on strike since Saturday. The strike won’t impact the company’s toothpowder business as it has enough stocks and has made an alternate production arrangement to service the market, the consumer goods company said in [...]

Indian Stocks Rise to 19-Month High

Tuesday, December 29th, 2009

India’s stocks rose to their highest in 19 months after foreign direct investment into the nation jumped 61 percent and the government relaxed a rule to make some state-run companies globally competitive. Tata Motors Ltd., the biggest truckmaker and owner of Jaguar Land Rover Ltd., soared to the highest in more than two years after [...]