Castrol India Q1 net up 16.55% at Rs 136.6 cr
Automobile lubricant maker Castrol India Ltd today reported a jump of 16.55 per cent in its net profit at Rs 136.6 crore for the first quarter ended March 31, 2011.

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Deal Opens Door for Russian to Invest in Saab
The agreement breaks a logjam that has left Saab’s future in doubt since early April, when the carmaker halted production because it was unable to pay suppliers.

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Environmental Protection Agency Puts Out Global Call for Environment Photo
In this July 1972 photo provided by the U.S. National Archives entitled “Burning Discarded Automobile Batteries,” black clouds billow from smokestacks in Houston, Texas.

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Asian shares close lower on Tuesday
TOKYO – JAPANESE shares ended 1.17 per cent lower on Tuesday, hit by a firmer yen, worries over automobile production and a disappointing earnings report from Nintendo, brokers said. The Nikkei index fell 113.27 points to 9,558.69 while the Topix declined 0.84 per cent or 7.04 points to 833.64.

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Car Dealerships Once Lined Broadway
New York once had the fanciest automobile showrooms, some designed by big-name architects. That Automobile Row has faded away, but many dealers have now settled on 11th Avenue.

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Japan quake threatens Toyota’s position as top car maker
Tokyo, Apr 23 : Toyota’s position as the world’s top automobile company is likely to be affected by Japan’s massive earthquake and tsunami.

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Chinese automakers showcase green car ambitions at Shanghai auto show
Visitors pour in the 14th Shanghai International Automobile Industry Exhibition in east China’s Shanghai, April 21, 2011, the first day the exhibition open to public.

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