Swaraj Baggonkar And Raghavendra Kamath In Mumbai

Stories by Swaraj Baggonkar And Raghavendra Kamath In Mumbai

Auto majors race to India for component sourcing

Auto majors race to India for component sourcing

Rediff.com   5 Oct 2007

According to the Auto Component Manufacturers Association, the apex body of component makers in India, global sourcing of components from the country will double from $2.95 billion to $5.9 billion in 2008-09, and is slated to hit $20 billion in seven years.

Mahindras join race for Eicher

Mahindras join race for Eicher

Rediff.com   5 Oct 2007

Eicher had announced in July this year that it was interested in an alliance or a strategic partnership to become a full-range commercial vehicle player. It currently makes light and medium trucks. MIL makes only heavy trucks.

RIL Retail to tap small towns

RIL Retail to tap small towns

Rediff.com   3 Oct 2007

According to a Reliance Retail executive, 20 per cent of the space will be occupied by local vendors selling their agricultural produce, food items and artifacts. Besides, there will be stores for foods and vegetables, entertainment etc.

Reliance Retail's first apparel store soon

Reliance Retail's first apparel store soon

Rediff.com   21 Sep 2007

The Reliance apparel stores will stock all kinds of apparel, about 4,000 products across as many as 94 brands, manufactured exclusively for the company.

India, a global hub for fake auto parts

India, a global hub for fake auto parts

Rediff.com   19 Sep 2007

Rapid growth in the automobile industry has seen the market share of fake spare parts more than treble from 12 per cent to as much as 37 to 47 per cent in the past seven years.

Oberois to bid for Dharavi project

Oberois to bid for Dharavi project

Rediff.com   13 Sep 2007

Oberoi Constructions, promoted by billionaire Vikas Oberoi, has tied up with the $10 billion Chinese real estate firm Shimao group to bid for the Rs 10,000-crore (Rs 100 billion) Dharavi Redevelopment Project.

Kawasaki to power high-end Bajaj engines

Kawasaki to power high-end Bajaj engines

Rediff.com   13 Sep 2007

Japan's Kawasaki Motors plans to tap long-time partner Bajaj Auto's vendors for putting together its high-end motorcycles for the global market.

Prakash Jha: From films to multiplexes

Prakash Jha: From films to multiplexes

Rediff.com   7 Sep 2007

Filmmaker Prakash Jha, well known for his hard-hitting movies such as Gangajal and Apaharan, is set to change the entertainment and retail landscape of eastern India.

Fiat evaluating bids for Kurla property

Fiat evaluating bids for Kurla property

Rediff.com   3 Sep 2007

Leading property developers have made offers for this prime property, which real estate industry sources suggest could fetch Fiat more than Rs 300 crore (Rs 3 billion).

Bike makers rework strategy

Bike makers rework strategy

Rediff.com   27 Aug 2007

Declining sales and sliding margins are compelling two-wheeler makers such as Bajaj Auto, Hero Honda and TVS Motors to rejig strategy, to cope with the slowdown.

Politics sends retail into tailspin

Politics sends retail into tailspin

Rediff.com   25 Aug 2007

The ban, although described as temporary, is being seen as a knee-jerk reaction by the state government following the attacks on Reliance Fresh and Spencer's stores and has raised several questions over its farm policy.

Rate spike takes a toll on Mumbai realty

Rate spike takes a toll on Mumbai realty

Rediff.com   17 Aug 2007

Real-estate consultants and housing finance companies say the number of deals has dropped in suburbs such as Bhandup, Malad, Vasai, Kharghar and Panvel.

Dharavi project form submission date extended

Dharavi project form submission date extended

Rediff.com   17 Aug 2007

The Slum Rehabilitation Authority of Maharashtra has once again extended the last date for submission of expression of interest for the Rs 10,000-crore (Rs 100 billion) Dharavi Redevelopment Project to August 30.

New auto projects of big guns on low gear

New auto projects of big guns on low gear

Rediff.com   16 Aug 2007

At a time when the automobile industry is eyeing a market of 2 million cars by 2010, various automobile projects of industry majors, including Tata Motors and Mahindra and Mahindra, are running behind schedule.

Steve & Barry's likely to set up shop in India

Steve & Barry's likely to set up shop in India

Rediff.com   9 Aug 2007

Steve & Barry's, one of the fastest-growing retail chains in the US, is planning to set up shops in India and China.

Tatas, M&M plan more rollouts in SA

Tatas, M&M plan more rollouts in SA

Rediff.com   4 Aug 2007

Tata Motors sells Indica and Indigo cars, pick-up trucks and long-haul high capacity trucks that are exported to SA through its subsidiary Tata South Africa.

Mahindra Finance eyeing US, SA markets

Mahindra Finance eyeing US, SA markets

Rediff.com   3 Aug 2007

The financing arm of the $4.5 billion Mahindra Group, Mahindra and Mahindra Financial Services Limited, is now looking to tap overseas markets with possible ventures in the US and South Africa.

Valecha plans consortium for airport development

Valecha plans consortium for airport development

Rediff.com   17 Jul 2007

Through this, the company plans to bid for 35 non-metro airports coming up for development in India as well as international airport developments.

Foreign shores beckon Tata Motor Finance

Foreign shores beckon Tata Motor Finance

Rediff.com   7 Jul 2007

Tatas have a presence in Korea following the acquisition of Daewoo's heavy commercial vehicles business some years ago.

No cakewalk for retail biggies

No cakewalk for retail biggies

Rediff.com   6 Jul 2007

Amid the noise around multinational retail chains queuing up to enter India comes a calming revelation. According to management consultancy firm A T Kearney, not all retail biggies continue in the new markets that they enter.