Car sourcing talks with Tata a drag, says Iran Khodro

Other author's news:

• Honda hikes City, Accord prices - The City Exi would now cost Rs 6.47 lakh (ex-showroom, Delhi) instead of the earlier price of Rs 6.25 lakh.
• Vijaya Bank launches Hyd specific credit card - Vijaya Bank on Saturday launched the bank's second city specific credit card the Hyderabad Card'. The bank had earlier launched a similar card in Bangalore.
• Ready to relook at transaction tax: FM - Finance minister P Chidambaram today promised to have a "relook" at the transaction tax rate of 0.15% on securities.

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• Brief bloom for manufacturers - Manufacturing in Australia struggled off the canvas in July but it could be a short-lived revival as the recovery appears to have been fuelled by tax cuts and Mr Costello's one-off family payments.
• Indian manufacturers seek role on global stage - Just three years ago, Tata Motors Ltd, the flagship of India's second-largest private conglomerate, was mired in red ink and caught in the grip of a prolonged industrial slump.
• Iran Khodro kicks off negotiations with Indian car manufacturers - New Delhi, Aug 18, IRNA -- Iran Khodro Company (Ikco), the largest vehicle manufacturer in Iran, is kicking off negotiations with other Indian car manufacturers for outsourcing cars, saying that the pace of its discussions with Tata Motors was not ...

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