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Ford to shut its 2 India plants; to sell only imported cars

Going ahead, it would only sell imported vehicles like Mustang in the country. IMAGE: Ford Mustang.Photograph: Courtesy Ford US auto major Ford Motor Co will shut its two manufacturing plants in......

M&M gets CCI nod to drive Ford's Indian business

The automotive business includes vehicle manufacturing plants of Ford India in Chennai and Sanand. Photograph: Ashish Narsale/Rediff.com The Competition Commission has approved Mahindra &......

PNB scam: Bank ignored auditors' warning

The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.Dev Chatterjee reports. Photograph: Rupak De Chowdhuri/Reuters Indian......

Bankers go into huddle to discuss PNB scam fallout

The venue for Saturday’s meeting was shifted at the last minute from the headquarters of the India Banks’ Association in Cuffe Parade to avoid media glare. Image: A security guard......

Same old story? How banks ignored alerts

IMAGE: The Punjab National Bank branch where fraudulent transcations worth USD 1.77 bn were detected, in Mumbai. .Photograph: Shirish Shete/PTI Photo. Despite the rating agency CARE withdrawing......

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