Indian companies with exposure to Egypt are keeping their fingers crossed as the Arab Republic is faced with a massive unrest.
General Motors is looking at introducing an entry-level car to be positioned below the Chevrolet Spark, to drive up volumes in the Indian market.
The car, sold under the Mahindra-Renault badge, will see a rebranding exercise and be manufactured and distributed by M&M alone.
A series of rises in petrol price following its decontrol on June 25 last year has increased the state governments' earnings from value added tax on petrol by around 21 per cent.
The Japanese word "Kizashi" means "something great is coming". Maruti Suzuki (MSIL) must be hoping its newest luxury sedan of the same name lives up to that promise. Kizashi will be launched in India this month-end and was formally unveiled in Udaipur last week.
Reliance Industries Ltd (RIL) has opposed the proposal of a new pipeline from Kakinada to Srikakulam floated by Andhra Pradesh Gas Infrastructure Corporation (APGIC). RIL has argued that gas availability for the pipeline is uncertain and will not contribute to the development of a national gas grid.
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.
Shikha Kapur, senior vice-president (marketing), UTV Motion pictures said, "We have signed exclusive deals with 11 brands to co-promote the movie. While no money will be exchanged, the companies would undertake initiatives to market their brands along with the movie. The total net worth of the deals stand at over Rs 10 crore (Rs 10 billion)."
Despite raising petrol prices by around Rs 2.95 a litre - the second-biggest increase in this calendar year so far - public and private retailers are losing Rs 50 crore a day on selling the auto fuel.
Kaun Banega Crorepati-4 (KBC-4), hosted by Amitabh Bachchan, got an average TV rating of 5.5 in its final episode, according to data from TVR agency aMap. The closing episode had a peak rating of 7.4, it said. TVRs denote the percentage of viewers who watched the show for a stipulated period.
The proposed car is likely to be built on the platform the company developed for its much awaited sedan, Etios, launched last week in the country.
Though ONGC and OIL are major producers of natural gas, they currently have no presence in its retailing and marketing, a field dominated by GAIL and its joint ventures.
The bulk of the 40,000 employees of Prasar Bharati, radio and television, went on a two-day "duty boycott" yesterday. The unions said the strike was near-total and more than 1,700 of the 1,800 stations (1,464 television stations and 336 radio) remained inoperational on Wednesday.
Harry Potter has a dedicated fan following while Guzaarish is still picking up.
Ethanol blending with petrol has resumed after more than a year. Last week, sale of blended petrol started in Bangalore, Mathura and parts of Gujarat. While blending will be gradually extended to the other parts of the country, the quantity of ethanol contracted so far is insufficient to continue the programme nationally beyond eight months.
The festive season lit up sales numbers of direct-to home (DTH) television service providers, with nearly two million subscribers added in a month.
Even as the profit margins swelled for most media conglomerates on the back of robust growth in advertising and subscription revenues for the second quarter ended September, companies running television news channels had an uphill time.
The two companies will acquire 70.4 per cent stake in CarWale. They, however, declined to specify the investment being made.
The two companies will acquire 70.4 per cent stake in CarWale. They, however, declined to specify the investment being made.
Buoyed by India's response to its super-machines, iconic American superbike maker Harley Davidson is setting up an assembly unit at Bawal, Haryana. This will be its second plant outside the United States, after Brazil.
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