Jaguar Land Rover (JLR) -- the two premium brands owned by Tata Motors, India's largest automotive company -- will tighten up frivolous expenditure to contain cash in a slowing automotive market.
The Mumbai-based entity has yet to apply for a re-certification for federal emissions with the Environmental Protection Agency of the American government.
Almost all star-rated hotels in the tourist hotspots of Goa, Kerala and Rajasthan are reporting total sellout of room inventory for New Year's Eve, even though hospitality rates for that period have been more than doubled.
Link loan disbursals with firming up of steady supply of raw material.
MSIL, India's biggest car maker, said it was in advanced talks with Fiat to ink a diesel engine sourcing contract that would allow it to rapidly increase diesel model supplies into the market.
High lending rates, fuel prices, higher input costs and labour trouble impact profitability.
Burgeoning demand for spacious people movers in India has led Ashok Leyland, a medium and heavy truck builder, to plan on developing a utility vehicle to take on the likes of Toyota Innova, India's largest selling multi-seater personal vehicle.
SpiceJet, the low-cost air carrier, on Thursday got its shareholders' approval to issue additional equity shares to promoter Kalanithi Maran, who in turn will infuse Rs 130 crore (Rs 1.3 billion) into the airline. Maran's equity holding would go up from 38 per cent to 43 per cent of the company's shares.
The 56-year-old German quit the Mumbai-based company after 18 months on the job, citing personal reasons.
With the Nano's sales stuck in a low gear, firm drives hope on product variants and the base of hopefully satisfied customers.
The Rs 4,000-crore (Rs 40-billion) Ranjangaon facility near Pune, which makes cars, engines and transmissions for both Tata Motors and Fiat, adopted aggressive cost cutting measures as part of a renewed attempt by both companies, especially Tata Motors, to put the JV back on track.
The Delhi-based car maker stopped production of the current generation of Swift last week to make way for the new model.
Two years after IHCL - one of Asia's biggest hotel chains which runs the Taj chain of hotels and resorts in addition to three other brands - had clinched the deal and subsequently demolished the multi-storey 434-room Hotel Sea Rock, it is now awaiting clearance to start construction.
The channel is an equal joint venture between NDTV and Chennai-headquartered newspaper group The Hindu.
The launch of two much-awaited compact cars of Honda and Toyota, scheduled to hit showrooms in a few months, may get reviewed as the two companies struggle with component supplies.
State transport undertakings are warming up to the multinationals despite premium pricing
The company says it is gaining fast because of its strategy extending brand CSK into the market by being associated with cricket's most valuable property, the Indian Premier League that consists of 10 teams.
Premium car makers which do not produce models locally, but assemble these in India are busy exploring ways to avoid a price rise in the wake of the government's new duty structure.
Mahindra & Mahindra has decided to dismandle its recently acquired Boeing plant in Melbourne, Australia, which makes machinery for aircraft, and shift it to Bangalore.
The two partners have said they'd produce 150,000 vehicles as part of the phase-I plan from their existing facilities in the state, till the new factory goes on stream.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances