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In order to win more income and become rich and famous many gamers start cheating at roulette.

Popular Articles

Multi-decade bull run in the making: Jhunjhunwala
On the back of the faster recovery and strong credentials, the domestic bourses are heading towards a multi-decade bull market, billionaire investor Rakesh Jhunjhunwala today said.

25 more billionaires in India's rich list
A rebounding stock market that gained two-thirds in the past year and an economy growing at 6 per cent have seen the combined net worth of India’s 100 richest people touch $276 billion, almost a quarter of the country’s GDP, business magazine Forbes said today in its annual rich list for the country.

News of the day

M&A activity rebound likely in '10
Despite the fall in deal volumes on both the merger and acquisition (M&A) and private equity (PE) fronts during the fourth quarter ending December, investment managers expect the improving global and domestic macro-economic indices to revive consumption and services-led growth, in turn leading to higher fund inflows into key sectors. Telecom, pharma, FMCG, healthcare, IT/ITES and educational services are expected to attract strong capital fund raises in 2010.
Business Ideas

Exports to cross one lakh units in FY'10: Maruti Suzuki

The country"s largest car-maker, Maruti Suzuki India (MSI), today said its exports are expected to achieve the one-lakh units mark in the current financial year (2009-10). - Eicher posts 14% increase in CV sales - 2009 sales may disappoint Mercedez-Benz - Hyundai to up production by 20%; will hire 1,000 people - Bajaj Auto two-wheeler sales flat in July - Suzuki motorcycle sales up 20.35% in July - TVS motorcyles sales dip 20% in July "Maruti cars are exported to over 100 countries and the volume of exports is likely to cross one lakh units in 2009-10," MSI Chairman R C Bhargava said in its annual report for 2008-09. Exports of small cars would be one of the major elements in the company"s future growth strategy, he added. MSI exported 70,023 units in the 2008-09 fiscal. It is expecting a rise in exports on the back of growing demand for its small car A-Star, which was launched in November last year. The company has exported over 50,000 units of the small car to various European countries. "From a company which was started to produce one lakh cars a year, we have reached a production rate of 10 lakh cars a year," Bhargava said, adding the company has a market share of over 55 per cent in the cars and vans segment. He said that the company did not have any idle capacity and did not lay off any of its employees during the last fiscal, when the domestic auto market was going through a demand slump. Even though in 2008-09, "we had a small growth rate in sales volumes," the company made reasonable profits despite the impact of higher commodity prices and weaker rupee in FY-09, Bhargava said. Talking about MSI"s financial position, he said, "We are practically debt-free and have a healthy cash balance. We have financed all growth from internal resources." MSI Managing Director S Nakanishi said, "The company"s sales in the domestic passenger vehicle market grew by 11.6 per cent during the first five months of 2009, while the industry increased by 1.6 per cent."


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