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Skoda Auto sales up 183% in November
Car maker Skoda Auto India today reported a 183 per cent jump in its total sales at 1,425 units during November this year as against 504 units in the same month last year.

BofA appoints Brian Moynihan as President and CEO
Financial services major Bank of America today said its consumer banking chief Brian T Moynihan will replace Kenneth D Lewis as President and Chief Executive Officer of the company on January 1, 2010.

News of the day

Trai view on capping of licences by Nov-end
Telecom regulator Trai today said it could not give its fresh views on the crucial issue of capping of licences by September 5 as licensing policy needed a closer look for the growth of the industry.
Public Company

Cygnus Fine Jewellery plans expansion of retail operations

Mumbai-based Laxmi Diamonds retail brand Cygnus Fine Jewellery is planning to expand its business by setting up 40 standalone exclusive stores across the country and entering 50 lifestyle stores by the end of 2010. "We are aiming to open 40 exclusive outlets, besides starting operations in 50 large format lifestyle stores by 2010. The new exclusive outlets would be a mix of company-owned and franchise operated stores," Cygnus Fine Jewellery Regional Manager (North) Siddharth Mavani said.


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