Iconic TVS group families start restructuring businesses

As part of the exercise, each family will get complete ownership of the businesses it manages while scrapping the holding company. Photograph: Tanushree Punwani/Reuters. The four families running......

To beat crisis, Hyundai halts production for several days at Chennai unit

Other players who have declared no production days in the recent past, and during this month, include Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp, Bosch, Jamna Auto, Wabco and......

More bad news hit India's auto sector

After auto components major Bosch Ltd, Sundaram-Clayton, Hero MotoCorp now announce temporary production shut down. TVS group auto component maker Sundaram-Clayton Ltd (SCL) on Friday said it will......

Over Rs 1 lakh cr committed for Tamil Nadu: Jayalalithaa

Jayalalithaa credited Prime Minister Narendra Modi with spearheading investor-friendly initiatives, saying it will "enthuse" businesses planning to invest in states.   Investment of over......