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Indian rupee to outperform Asian peers in 2015: HSBC

As the reform process is expected to gain further momentum, the Indian rupee will continue to outperform its Asian peers, which are likely to weaken further against the US dollar in 2015, says an......

2014 will not be easy for rupee: HSBC

The currency remains challenged by a weak external balance and a capital account that is sensitive to broader risk appetite. This year is likely to be "no easier" than 2013 for most Asian......

Hyundai forecasts lower sales by Indian unit

Korean auto major Hyundai Motor Co on Thursday projected lower total car sales from its Indian unit this year despite posting a marginal increase in 2012.According to the company's business plan......

Mahindra acquires majority stake in SsangYong

Auto major Mahindra & Mahindra on Monday said it has completed the acquisition of a majority stake in South Korea's SsangYong Motor Company (SMC).Mahindra, which emerged as the preferred bidder for......

Tatas' shopping spree: 27 in 6 years!

The Tatas are out shopping again. Since February 2000, the group has acquired as many as 27 companies, both in India and overseas, at a total cost of over Rs 16,000 crore ($3.5 billion)!In the......
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