Atul Auto, an automobile manufacturer has delayed its four-wheeler light commercial vehicle (LCV) project by one year due to the relentless slowdown.

A brand of the Goenka Group, Duncans Tea is working towards doubling its market share by 2011-12 from 4% at present. It also aims to double its distribution base in the domestic market by two years.

Profit booking at earlier higher levels brought the market towards the lower side in noon trades. The session saw a jerky trading since the opening bell. While the interest reduction decision by a host of banks and hosing finance institutions led to an early rally in realty stocks, banking and HFCs continued to pine lower.

The market saw uneven trading in the pre-noon session with the indices moving towards the higher side due to the all-round buying. Reliance Industries continued to get weaker as the company faced criticism from US congressmen for its Iran deal.

BGR Energy has signed a collaboration and licence agreement with Italy-based TME, SpA Termomeccanica Ecologia.

Ranbaxy’s shares have gained by 2.2% to Rs222

Tata Steel’s shares have gained by a percent to Rs230

Gateway Rail Freight (GRFL), Gateway Distriparks’s subsidiary company has developed a 50-acre rail linked logistics terminal at Sanehwal, Ludhiana in Punjab.

BGR Energy’s shares have gone up by over 5% to Rs163

Nalco’s shares have advanced by 2.5% to Rs190 after reports stated that the company has entered into a JV agreement with United Arab Emirates government