Ever since the Chinese-owned Apache SEZ went into full-scale production exactly a year ago, a lot has improved for Tada and its 100,000-plus inhabitants.
In the seven months between April and October this year, the Chevy Spark has managed to sell less than 12,000 units, or an average of 1,700 units a month, while its peers Alto and WagonR (Maruti Suzuki) , Indica (Tata Motors) and Santro (Hyundai) have had average monthly sales of 10,000-18,000 units.
It's clear why Nayachara is the place now being favoured by the West Bengal government. Besides being sparsely populated (700-odd according to the highest government estimates), this is a community that is not "supposed to be here" and, therefore, presumably easy to shift out.
Renault waited 14 years after India's automotive sector was opened up to foreign investment to enter the country, about a decade behind General Motors, Ford and Daewoo. However, once in, Ghosn has moved quickly to sew up six ventures in India in a mere 33 months.
The fact that Ratan Tata is lurking around the corner with his Rs 1 lakh car will not make Nakanishi's job any easier, or less public.
The airport's owner, the Sri Sathya Sai Central Trust, which manages the religious and philanthropic assets and work of Sri Sathya Sai Baba, has invited bids for it and put the floor price at Rs 600 crore. One big attraction of this airport is that it is only 70 km from the Bangalore International Airport, coming up in Devanahalli. The vantage location will allow airlines to feed the southern sector, which currently has 30 major and minor airports.
A clutch of innovators, entrepreneurs and researchers are heralding a revolution that combines the academic and the real world within the IIT Madras campus.
Market sources say the new model will be called Atos, the name under which Santro was sold in some parts of Europe. Codenamed Pa, it has been tested by the company on the Chennai-Bangalore route. The company said the new car may be priced between Santro, which costs Rs 2.70-4.74 lakh (ex-showroom, New Delhi) and Getz (Rs 4.90-5.25 lakh).
The fight between TVS and Bajaj might remain out of court, but TVS Motor's stand spoke of the company's resolve infused by its chairman Venu Srinivasan.
Kolkata Port Trust, the second largest port authority in the country, would be going in for a complete revamp of its operations in its drive to raise productivity.
Logistics infrastructure in India is poor, hindering the 3PL industry's progress.
The government will draw up FDI guidelines for minor investors and set up an exclusive park for overseas units.
Chennai is vibrant with activity across all sectors but demand from the information technology sector was emerging as the key factor driving demand and leading to a visible increase in the real estate activity.
The minister said he was against "blanket privatisation of the railway system but the private sector was being encouraged to participate with the railways in the development of its non-core activities."
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