Mahindra & Mahindra's ambitious foray in the United States, a first by an Indian automobile company, is to take place by the year-end, with the launch of a couple of compact diesel-driven, pick-up truck models.
Call it a revival of the information technology (IT) industry or increase in demand from non-IT sectors, office lease and sale transactions have picked up by 10 to 15 per cent in the past quarter.
Indian car buyers have swayed towards newer options offered by global car giants such as General Motors, Ford, Toyota and VW over the past couple of months, impacting sales of models which were once flagship ones.
Except for March, when BMW recorded unusually high sales, Mercedes sales were ahead in the other months.
Taj Hotels Resorts and Palaces, Asia's largest hospitality chain, is looking to set up luxury properties in Africa, West Asia, China and Southeast Asia.
Volkswagen is looking to dislodge Honda's dominance in the premium mid-size segment in India, with the launch of a new executive sedan in the second half of this year.
Says Bhushan-Essel combine, the highest bidder, has withdrawn but latter denies having done so.
With demand spiralling beyond the company's expectations and new capacities taking time to come on stream, Maruti Suzuki, the country's largest car maker, says it is being forced to reduce focus on the lucrative export market and divert production to the local market.
Pantaloon Retail Ltd, the country's largest retail company, and Future Value Retail Ltd, recently carved out from Pantaloon as a 100 per cent subsidiary, plan to issue non-convertible debentures worth Rs 750 crore in the next three-four months, according to sources.
Almost one and a half year after tying up with Reliance Brands, a unit of Mukesh Ambani's Reliance Industries, Diesel opened its first store in Mumbai in April this year.
For developers who came out of a prolonged slowdown of 2008-09, the fund raising spree could be dangerous, say consultants.
In a little over six months, Bajaj, the country's second biggest two-wheeler maker, has sold over 500 units of the Kawasaki Ninja 250R, price Rs 2.69 lakh (the 269,000 same as a Maruti Suzuki Alto car).
According to sources, the products would be priced in the range of Rs 2.3-2.4 lakh in the European market. However, the Indian market price is yet to be determined.
The country's largest car producer -- Maruti Suzuki -- is caught in a cleft. There is growing demand for its cars, but it does not have sufficient production capacity to feed this demand. To top that, this capacity constraint is not likely to be lifted before 2012.
Manufacturing lines at various car producing facilities across the country started to roll out the new range of Bharat Stage-IV compliant vehicles in the 13 notified cities from April 1, according to the Union government guidelines on emission norms.
Tata Motors now eyes the US, European and African markets.
Tata-promoted Taj Hotels may decide to add the Nano to their line of chauffeur-driven cars used for guest transfers.
Faced with stiff competition from rivals and in a hurry to draw footfalls, hypermarkets are indulging in intense price war.
New units of the iconic Maruti 800, Ford Ikon (1.3 petrol), Fiat Palio, Skoda Fabia (1.2 petrol) and Octavia (1.9 TDI engine), and Chevrolet Tavera (2.5 DI) of General Motors will no longer be sold in the 13 notified cities from Thursday, which constitute 40-50 per cent of total car sales in the country.
Three large property deals have already been finalised this year in Mumbai.
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