Car and sports utility vehicle makers say they're taken aback by the Union finance ministry's proposal to bring locally assembled models into the same duty structure as imported units. They say the move would cripple demand, following a substantial rise in vehicle prices.
Automaker Mahindra & Mahindra (M&M) has offered to rectify a problem in the gearbox of some of its 110cc Stallio motorcycles.
Pantaloon Retail, the country's largest retailer, is looking at increasing the prices of its apparel products up to 18 per cent, to improve margins in the coming quarters, said a top group executive.
Kishore Biyani's Future Group will hive off its electronics business into a separate company, as continued promotions and increased competition are taking a toll on its margins.
As per reports, Rs. 50,000 crore worth of projects are held back. All these will have an impact on the CV sector.
Four new products under the Jaguar brand are under development.
The company has had three Japanese executives for the post of managing director over three years.
PSA Peugeot Citroen, Europe's second-largest car producer, will soon take a final call on its India plans, as senior teams from the company hold talks with state governments for a manufacturing facility.
Raheja-owned Hypercity plans its growth on the back of quality merchandise rather than cheaper price points.
Talks between Piaggio Vehicles, the Indian subsidiary of Piaggio & C.s.p.a of Italy, and General Motors for engine sourcing fell through.
The Scorpio-based pick-ups, engineered by M&M specifically for the US market, were set to reach North American shores three years ago, but launch dates were postponed more than thrice thereafter before the company's marketing and distribution partner Global Vehicles Inc filed a lawsuit against it for the delay.
More than three years after Tata Motors and Iveco, a Fiat Group company, signed a comprehensive agreement to jointly explore opportunities in the area of commercial vehicles, the plan has largely remained in cold storage. In February 2007, Tata Motors and Iveco signed a memorandum of understanding (MoU) for potential developments in engineering, manufacturing, sourcing and distribution of products and components.
Mumbai has jumped five positions to become the third-most preferred property investment market in Asia Pacific in 2011, according to new survey.
Latest CBRE data show Mumbai and the National Capital Region together have just 13 per cent more office space than Bengaluru.
Mahindra & Mahindra, which has been aggressively trying to make inroads in the 7.3 million units per year motorcycle market with the help of Bollywood actor Aamir Khan, has failed to create much excitement, with sales slipping 36 per cent last month from the previous one.
ITC Welcomgroup, The Leela and The Lalit are among those that ensure all touch-points for women travelling alone will be -- no prizes for guessing this -- ladies.
Mahindra & Mahindra will launch the compressed natural gas-powered variant of its Logan car at around Rs 5.20 lakh, in an attempt to spruce sales of the entry-level sedan.
Ceat, the country's fourth biggest tyre producer, is charting expansion plans for the international market, with launches planned in various countries, including the US, the world's biggest tyre market.
In an attempt to give its international plans a major fillip, Bajaj Auto, the country's second-largest motorcycle maker, is working towards bringing the technological prowess of Austrian bike maker KTM and Kawasaki of Japan together to form a global alliance.
The mega real estate loan scam could delay the initial public offers of over half a dozen real estate developers because of poor investor sentiment, said bankers and analysts tracking the sector.
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