Bajaj Auto, which commands a market share of 26.70 per cent following Hero Honda (the country's largest two-wheeler maker), has decided to launch a bike in the executive segment (125cc) in the second quarter of the current financial year.
Joining the big league of the global hotel chains expanding in India, Hong Kong-based $2 billion JB group will set up as many as 20 hotels and shopping malls in the country over the next three years.
Close on the heels of the Mukesh Ambani-controlled Reliance Retail's possible entry into the second-hand car market, Tata Motors, the country's second largest automobile major, is planning a similar foray.
Move raises doubts about the viability of the business model in organised retail.
Mukesh Ambani-controlled Reliance Retail is planning a second-hand car market venture on the lines of Maruti's True Value and Mahindra's Automart.
Ceat Tyres, an RPG Enterprise-promoted company, would soon set up a sales and marketing division in Europe and the US by next year to increase its international footprint.
Mahindra and Mahindra may have more than one trick up its sleeve for the much-publicised US debut in passenger vehicles.
Real estate companies are rushing in on the opportunities galore around the two SEZs promoted by Reliance Industries.
With his Mumbai sojourn,Wal-Mart Vice-Chairman Michael Duke gave enough signals that Wal-Mart is testing waters before it actually enters the organised retail in India.
To begin with, Dawnay Day has entered into a joint venture with a Bangalore-based family to develop a mixed property development including office and retail on 16 acres with an investment of Rs 400 crore.
The world's largest tyre manufacturer, Bridgestone Corporation, Japan, through its wholly owned subsidiary Bridgestone India
Small- and medium-sized realty firms are scouting for private equity funds to finance forthcoming projects as bank funds have dried up following concerns over high credit growth to the sector.
With fuel cost soaring to new highs, automobile firms are launching hybrid models to tackle the problem.
The market for medium price segment flats, in the price band of Rs 40 lakh (Rs 4 million) to Rs 90 lakh (Rs 9 million), is tapering off in the major suburbs of Mumbai.
The car will adhere to the small car norms as specified by the union budget and thereby will benefit from the 16 per cent excise duty.
With the diesel-powered vehicles looking to form a large chunk of the automobile market in the next three to four years, Ford India is planning to set up a diesel engine facility in its existing 350 acre complex in Chennai.
Luxury car manufacturer DaimlerChrysler's Indian subsidiary Mercedes is all set to introduce the new C-Class in the domestic market by early 2008.
The first discordant note has just been struck in actor Abhishek Bachchan's new-year symphony, which had thus far been about the success of Guru and his engagement to sweetheart and co-star Aishwarya Rai.
Maruti Udyog is planning to export the diesel engines manufactured in Manesar, Haryana, to its European car assembly plant in Hungary to cater to the local markets there.
Having almost sealed a JV with coffee chain Starbucks and fast food chain Burger King for a possible alliance, retail major Pantaloon is eyeing the apparel space.
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