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.
More than three years after Tata Motors and Iveco, a Fiat Group company, signed a comprehensive agreement to jointly explore opportunities in the area of commercial vehicles, the plan has largely remained in cold storage. In February 2007, Tata Motors and Iveco signed a memorandum of understanding (MoU) for potential developments in engineering, manufacturing, sourcing and distribution of products and components.
Mahindra & Mahindra, which has been aggressively trying to make inroads in the 7.3 million units per year motorcycle market with the help of Bollywood actor Aamir Khan, has failed to create much excitement, with sales slipping 36 per cent last month from the previous one.
MNP allows a subscriber to change his or her service provider without changing the mobile number.
ITC Welcomgroup, The Leela and The Lalit are among those that ensure all touch-points for women travelling alone will be -- no prizes for guessing this -- ladies.
Key government departments have come to a consensus on the definition of a "group company" in the context of foreign direct investment (FDI) in the wholesale cash & carry trade. Under current policy, while 100 per cent FDI is permitted in wholesale trade, a cash & carry entity can sell only up to 25 per cent of its turnover to group companies.
Mahindra & Mahindra will launch the compressed natural gas-powered variant of its Logan car at around Rs 5.20 lakh, in an attempt to spruce sales of the entry-level sedan.
Ceat, the country's fourth biggest tyre producer, is charting expansion plans for the international market, with launches planned in various countries, including the US, the world's biggest tyre market.
In an attempt to give its international plans a major fillip, Bajaj Auto, the country's second-largest motorcycle maker, is working towards bringing the technological prowess of Austrian bike maker KTM and Kawasaki of Japan together to form a global alliance.
For over a year Sanjay Chandra, managing director of the Unitech group, has been under a cloud for various reasons.
Maruti Suzuki India Ltd is not contemplating any price raise, despite a 20-30 per cent surge in raw material prices in recent months.
Navi Mumbai airport can become a hospitality hub, say hoteliers.
Telcos say tariffs could be cut by up to 20 per cent. While post-paid customers constitute only 5 per cent of the total customer base of 670 million, they make up over 15 per cent of revenues thanks to their relatively higher average revenue per user (Arpu).
A committee of secretaries will be meeting soon to consider a draft proposal, which suggests that decision-making on all policy issues pertaining to FDI be transferred from the Department of Industrial Policy & Promotion (DIPP) in the Ministry of Commerce to the Department of Economic Affairs (DEA) in the Ministry of Finance.
GE India is embarking on a major localisation drive under which 60-70 per cent of the products that it sells will be manufactured in the country in the next five years. At present, the localisation is about 10 to 20 per cent.
While directly holding city-based utility vehicle and tractor major Mahindra & Mahindra responsible for a potential job loss to the tune of 8,300 in the United States, its former partner Global Vehicles has called for stricter actions.
Toyota Kirloskar Motor will, over the next 45 days, open around 30 dealerships for a smooth roll out of its much publicised compact car, the Etios, as well as the Etios sedan.
State-owned National Aviation Company of India Ltd (Nacil), which runs Air India, has approached the government to raise $2.3 billion through external commercial borrowings (ECBs) as part of a plan to restructure its high-cost working capital debt.
The new models will debut in India for the first time and will consist of hatchbacks, sedans, multi-utility vehicles and passenger vans under the Chevrolet and GM-SAIC-Wuling banner.
Regulator wants the power to fine errant telecom companies.
