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Govt approves policy for digitised cable content
The government today approved the policy for Headend-in-the-Sky (HITS) operators, a technology that will provide digitised cable content to viewers across the country. The guidelines are not binding on the cable operators or the subscribers and they can continue with the existing analogue system.

R-Power in talks to sell 15% to foreign investor
Reliance Power Ltd (R-Power), part of the Reliance Anil Dhirubhai Ambani (ADA) group, is in talks with five leading global power companies to sell 15 per cent equity stake in the company.

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Credit Suisse posts 29.75% growth in Q2 net income
Swiss banking major Credit Suisse today reported 29.75 per cent growth in net income at 1.57 billion Swiss francs for the second quarter backed by strong results from its investment banking segment.
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Maruti sales jump 33.36% in July

The country"s largest car maker, Maruti Suzuki India Ltd, today reported a 33.36 per cent jump in sales at 78,074 units in July. - Weekly report: Sensex gains 2% on strong global cues, corporate results - Nirupama Rao takes over as FS - TVS motorcyles sales dip 20% in July - Centre to launch new fertiliser subsidy scheme - Suzlon Energy posts net loss of Rs 452 cr for Q1 - US markets end mixed, Dow gains It had sold 58,543 vehicles in the same month last year. Sales in the domestic market grew by 27.63 per cent to 67,528 units in July from 52,911 units in the same month last year. Exports rose by 87.25 per cent to 10,546 units compared to 5,632 units in the year-ago period, Maruti Suzuki India (MSI) said in a statement. During the month the company crossed the 50,000 units export mark for its A-Star which was introduced internationally in January this year, it added. Sales of the company"s oldest and once bread-and-butter model M800 declined by 43.55 per cent at 2,796 units compared to 4,953 units last year, while A2 segment (comprising Alto, Wagon R, Zen Estillo, Swift, A-Star and Ritz) witnessed a growth of 38.28 per cent at 48,115 units compared to 34,795 units in the same month last year. Sales in the A3 segment (consisting of SX4 and DZiRE) increased by 51.47 per cent to 9,101 units compared to 6,009 units in the corresponding period last year, the company said. MSI"s passenger car sales rose by 29.43 per cent at 67,314 units against 52,010 units in the same month in 2008, the statement said.


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