With India's manufacturing sector slamming the brakes on production, the fallout is being felt by contractual labourers.
Exports in October and November fell 28 per cent and 17 per cent, respectively.
Officials from the City and Industrial Development Corporation (Cidco) on Thursday expressed fears that the proposed international airport at Navi Mumbai could become unviable due to cost escalation, following prolonged delays.
German luxury car maker Mercedes-Benz today launched new C-class Grand Edition, both in petrol and diesel variants, priced at Rs 36.81 lakh and Rs 39.16 lakh respectively in the domestic market.
KTM takes GP fascination to streets via new RC series sports bikes made in India. RC 125, RC 200 and RC 390 manufactured at Bajaj's Chakan plant in Pune, will soon be launched in India minus RC 125, which is planned only for export to Europe.
Cross-border trade and bus service between India and Pakistan will resume at Jammu and Kashmir's Poonch sector on Monday, after more than a fortnight-long suspension, following escalation in tension at the Line of Control over the brutal killing of two Indian soldiers by Pakistani troops.
KTM and Bajaj alliance has done well for both the companies and led them from a mediocre position to rule the European road.
25 trucks carrying mostly vegetables from India were not allowed to cross the LoC.
The bike will be launched next year to take on Honda CBR250R
Cross-border trade and bus service between India and Pakistan will resume in Jammu and Kashmir's Poonch sector on Monday, after more than a fortnight-long suspension following escalation of tension at the Line of Control over the brutal killing of two Indian soldiers by Pakistani troops.
Union Home Minister Sushilkumar Shinde arrived in Srinagar on Friday evening after visiting the international border in Jammu. Shinde had arrived in Jammu on Friday morning on a three-day visit to the state.
India Inc's cash pile was up 13.8 per cent last fiscal year, thanks to a combination of higher profits in sectors such as IT and fund raising by top companies such a Reliance Industries, Bharti Airtel and Tata Motors, among others.
The Indian Army on Monday lodged a strong protest with Pakistan Army over the killing of two of its jawans, one of whom was beheaded, and continued ceasefire violations along the LoC in Poonch sector of Jammu and Kashmir.
Indian Army on Monday lodged a strong protest with Pakistan Army over the killing of two of its jawans, one of whom was beheaded, and continued ceasefire violations along the LoC in Poonch sector of Jammu and Kashmir.
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The locally produced top-end model S 500 will be priced at Rs 1.39 crore or Rs 13.9 million (ex-showroom, Delhi) and will be rolled out from the manufacturing facility in Chakan, Pune, Mercedes-Benz India said in a statement, adding that this strategic move will help to cater to the increasing demand.
Mercedes-Benz has announced its foray into the city bus segment in India.
What does a flag meeting mean? Air Marshal B K Pandey explains
India and Pakistan will hold a 'brigade commander' level flag meeting along the LoC in Poonch on Saturday to discuss the recent ceasefire violations by the latter.
While this hip-hop edition is unlikely to drive Merc's market share, the SUV exemplifies what the German automaker is best known for: Innovative engineering and, in this particular case, putting a smile on the face, discovers Pavan Lall.
'It has the potential to add half a trillion dollars to the economy over the next five years.'
Here's what could possibly change in the next iteration of Pulsars to be rolled out by the Chakan-based two-wheeler company Bajaj Auto.
Mahindra & Mahindra is one of India's leading auto makers.
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India and Pakistan will hold a flag meeting at the Brigade Commander level at Chakan De Bagh crossing in the Poonch district on Monday to address the issue of ceasefire violations on the Line of Control in Jammu & Kashmir.
Tetra Pak says it will invest Rs. 600 crore to set up a new facility at Chakan, near Pune.
These companies had threatened to leave Maharashtra and invest in other states when the state government had brought amendments to the Maharashtra VAT Act with effect from April 1, 2011, and made net sales the basis for VAT set-off claims.
A clutch of automakers including Maruti Suzuki, Hero MotoCorp, Mercedes Benz India, Eicher Motors, TVS Motor, and Isuzu Motors India announced they had got the clearance from the governments of the states they operate in to resume operations.
The car, which is being rolled out from the company's plant at Chakan, in Maharashtra, comes with 1.6 litre petrol or diesel engine options.
Dow Chemical Company is once bitten, twice shy. Close on the heels of its US parent's move to deny liability for damages resulting from the Bhopal gas tragedy at a plant run by Union Carbide (a company it had bought), Dow India has called off a greenfield project to establish a research & development facility in Maharashtra.
"A Flag Meeting at Battalion Commander's level was held between India and Pakistan at 1130 hours today along LoC at the Chakan-Da-Bagh crossing point near Poonch," defence spokesman S N Acharya said.
Pakistani troops extended greetings and exchanged sweets with Indian soldiers in two sectors along the Line of Control on Republic Day on Tuesday even as there were ceasefire violations by Pakistan border guards along the frontier in Jammu and Kashmir.
Under its India 2.0 plan, the Volkswagen group will develop and manufacture cars to meet the requirements of the region.
Bajaj Auto will be launching the Kawasaki Ninja 650R on the June 8. So what is the Ninja 650R all about? Find out.
The new 1.6 L Polo comes with a 4-cylinder petrol engine and is paired with a 5-speed manual gear box and is claimed to have a fuel efficiency of 15.96 km/litre.
The bike is the market leader in the 150 cc segment with a market share of 43 per cent.
It is confidential for Bajaj, Nissan and Renault and so, I will not speak much about it." The total cost of this project is Rs 2,000 crore (Rs 20 billion).
Senior Indian and Pakistan army officers held a flag meeting at the Line of Control in the frontier Poonch district on Tuesday.
The company announced on July 11 that it would stop production at its automotive plants for a period ranging from 1 to 8 days during the remaining period of the month.
Europe's largest car maker, Volkswagen AG, today started production of its small car Polo at its plant in Chakan near Pune. Stating that the company would launch a saloon by the middle of next year, Volkswagen AG said it was aiming for a 10 per cent share of the domestic auto market in the next four to six years.
The Maharashtra government fears that the agitation against Dow Chemical's proposed Research and Development centre was orchestrated by its aggressive neighbour to influence Dow to take its $400-million project to that particular state.
The company, known for its products such as two-wheeler crank shafts, under brackets, transmission gears, steering knuckle, bevel gears and spindles, has decided to shut all operations at its Chinchwad plant between December 1 and 17. The company, which also had a plant in Chakan that was later taken over by Mahindra Automotive, has been a known name in auto component business.
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