Manufacturing: India’s manufacturing sector activity contracted for the second consecutive month in September as both output and new orders witnessed a decline, an HSBC survey said on Tuesday.     pti
IOC sell-off: The petroleum ministry has opposed the disinvestment of government stake in Indian Oil Corp in current market conditions, saying the country’s crown jewels cannot be sold at low prices.     pti
SAIL growth: Riding on a 16 per cent growth in sales in September 2013, Steel Authority of India Limited recorded an increase of 14 per cent in sales in Q2 of FY’14 year-on-year by selling 3.1 million tons.     sns
Pressman listed: Pressman Advertising is now listed on the National Stock Exchange and Bombay Stock Exchange. This is the first Indian advertising agency to be listed on the NSE and BSE.     sns
BMW recall: German luxury car maker BMW on Tuesday said that it is recalling 176,000 vehicles over a problem with the power brake system. The recall covers 76,200 vehicles sold in the USA, it said.     AP 
BPCL chief: Mr S Varadarajan on Tuesday took over charge as chairman and managing Director of Bharat Petroleum Corporation Limited (BPCL) from the outgoing CMD RK Singh on his retirement.     pti
Nissan prices: Nissan has hiked prices of its mid-sized sedan Sunny and compact car Micra by up to 2.9 per cent from immediate effect, to partially offset the impact of rupee depreciation and rising input costs.     pti