India Business Network

Mumbai, July 1 (IANS) Mutual funds have been barred from charging an entry fee on investments from Aug 1, India's market regulator said in a late evening announcement Tuesday.

New Delhi, July 1 (IANS) India needn't gamble or fret about the timing of the monsoon any more, but only if it plays smart. An international science and research body for the tropics has suggested some useful strategies for farmers when the rains are tardy.

TVS Motor Co Ltd, India's third largest two-wheeler maker, said on Wednesday vehicle sales in June rose 5.87 percent to 115,488 units from 109,082 units a year ago.

Indian engineering and construction firm Larsen & Toubro said on Wednesday it had bagged two contracts worth 6.51 billion rupees ($135 million).

Indian newspapers carried the following stories related to the budget in their print or Web editions on Wednesday.

REUTERS - Hero Honda Motors Ltd.'s June sales of two-wheelers and percentage change from a year earlier:

Standard Chartered is in talks to purchase assets in China and India owned by the Royal Bank of Scotland (RBS), a source with direct knowledge of the matter said on Wednesday.

India will not sign up to targets to reduce its greenhouse gas emissions but will instead focus on fighting poverty and boosting economic growth, the environment minister said on Tuesday.

Reliance Industries (RIL) on Tuesday maintained that it cannot sign any gas supply agreement with the Anil Ambani-controlled Reliance Natural Resources Ltd (RNRL) without the approval of the government on price, quantity and tenure.

After a relatively strong growth of 5.0 per cent in April, growth in the core sector again slipped a couple of notches in May growing just 2.8 per cent compared to 3.1 per cent in May last year.