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Ernst Young Partner Rakesh Batra

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  • Business

M&M to acquire 70% stake in SsangYong Motor

Mahindra & Mahindra said it will acquire 70 per cent stake in the ailing South Korean auto maker SsangYong Motor for $463 million (about Rs 2,105 crore) in order to become a global utility vehicle......

Tata Motors to strengthen small truck portfolio

In May 2005, Tata Motors had launched the Ace, a small truck of 0.75 tonne. The company had studied the market for three-wheeler goods carriers for a while and had concluded that small transporters......

Small car engine ready, says Bajaj

Bajaj Auto Managing Director Rajiv Bajaj said the company has, in partnership with Renault-Nissan, developed India's most fuel efficient and least-polluting car engine. The engine has been......

Auto industry records highest ever sales this year

The domestic auto industry is set to hit an all-time high sales figure of 12.2 million units in 2009-10, surpassing the previous sales record of 10.1 million units in 2006-07. The strong growth is......

Car sales in India set to boom in 5 years

Passenger vehicle sales in India are expected to nearly double by 2014 from the current 18.9 lakh (1.89 million) units, mainly driven by anticipated economic growth fuelling the aspirational......

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