the Colonel is a successful entrepreneur with his business expanding to many places in India.
Commercial vehicle major Ashok Leyland plans to strengthen its presence in the 5-12-tonne range of vehicles. It is to launch trucks from the Prague-headquartered AVIA, which it had bought in 2006, and would upgrading its light commercial vehicles (LCVs) from the joint venture it has with Nissan of Japan. It has also said the JV with Nissan would turn cash-positive in the next 18 months.
'He felt a twitch in the back -- that's what he said. We need to assess and monitor what he's going to do over the next couple of days'
Chaudhuri succeeds managing director R Sridharan, who was the acting chairman after O P Bhatt retired on March 31.
One of the MDs, R Sridharan, is focusing on associates and subsidiaries. Another managing director, S K Bhattacharyya, who retired in October, 2010, was the chief credit risk officer.
SpiceJet will begin regional operations from Tier-2 and 3 cities like Vijayawada, Tirupati, Mysore, Mangalore, Madurai, Nagpur and Indore using the Bombardier Q400 Next Gen turboprop aircraft.
Are retirement homes attractive options for the elderly? Experts feel it is a good option to be able to live an independent and activity-filled life. But don't buy it as an investment
Dravid recently coached the Indian team at the Under-19 World Cup. He was mentor of Rajasthan Royals in the last two seasons of the IPL before the franchise was suspended from the T20 tournament for two years by the Justice Lodha Committee in the aftermath of the spot-fixing scandal that rocked the sixth edition of the T20 tournament in 2013.
Tax experts say one of the most dispute-prone proposals is making "fraudulent availing" of input tax credit (ITC), without an invoice or bill, a cognizable and non-bailable offence.
Former Indian captain Anil Kumble will be part of an Indian team, featuring among others Manish Pandey and Lakshimpathy Balaji, in the 15th Hong Kong Cricket Sixes to be played at the Kowloon Cricket Club on October 31 and November 1.
The four-km distance from the Tiruchi airport to the venue of the meeting has 10 cops deployed every 100 metres. Five DIGs and 12 SPs have been posted along with 5000 policemen to oversee the security arrangements. A review meeting was conducted on Tuesday by the assistant DGP (law and order) T K Rajendran to go through the arrangements minutely, and on Wednesday there was a dry run from the airport to the venue.
Ashok Leyland, the Hinduja group flagship company and a leading manufacturer of commercial vehicles, on Friday said it would cut its proposed investment size and would undertake cost-cutting measures, including a 20 per cent reduction in wages, in view of the slowdown in the industry.Speaking to reporters, K Sridharan, chief financial officer, said the company's margin outlook is currently under pressure and it may continue like that till next month.
In the absence of a chief executive officer, Delhi-based low-cost carrier SpiceJet has decided to set up a three-member management committee to take all company decisions, especially in the light of the recently-signed agreement with US-based investor Wilbur Ross.
Budget air-carrier, SpiceJet, expects to break-even this fiscal, a top company official said. The break-even could come on the back of stabilising fuel prices and an increasing demand for low-fare travel, he said. The air-carrier expects oil prices to stablise in the range of $65-70.
A bunch of CEOs in their mid-30s and early 40s are trying to rectify the scenario where shady lending applications trap hapless borrowers with astronomically high interest rates and even bodily harm if the money was repaid. Anup Roy reports.
The Bahujan Samaj Party, which has decided to contest the Lok Sabha elections on its own, on Tuesday announced candidates for 12 out of 39 constituencies in Tamil Nadu. In the first phase, BSP president Mayawati cleared 12 names and the process was on to select candidates for the remaining constituencies. The party was in the process of identifying suitable candidates from each community to be fielded in all the Lok Sabha constituencies in Tamil Nadu, said a BSP leader.
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
With a retail boom sweeping India, private entities from the Gulf region are making a bee-line to invest in the sector but are wary of some challenges in the huge and diverse market, according to experts in Dubai.
Hexaware Technologies, a provider of IT and BPO services, is planning to acquire an IT company in the US or Europe for $20-40 million
Seven people were killed and four injured after a seven-storey building collapsed in suburban Santacruz in Mumbai on Friday, officials said fearing more casualties.
The South Zone team will face the West Zone in the Duleep Trophy match at Vadodara from October 20 to 23.
Budget airlines Air Deccan on Friday announced that reservations for its much-awaited April to June 2007 summer schedules would open on November 12, at fares which begin at Rs 9 (plus taxes).
She has been directed not to speak to the press about the case.
'It's only in the last seven years, I have taken acting seriously.'
The warrant has been issued for her non-appearance in court.
Sourav Sarkar sizzled on debut claiming four wickets to rattle the Maharashtra top order in the Ranji Trophy match.
Businesses need to get on board in 15 days, ahead of indirect tax roll-out
Bankers say loan demand was more muted this festival season than last year.
M Vijay's superb 179 helped Tamil Nadu make 474 for nine declared in their first innings against Andhra.
Tamil Nadu were struggling at 191 for seven in the first innings after day one of the Ranji Trophy Elite Group 'B' match.
If Ganguly plays, can he also lead? Should he? How fair is this to Rahul Dravid, who finds himself appointed captain and stripped of captaincy all inside 24 hours, for no fault of his?
South Zone beat Central Zone by seven runs in the Deodhar Trophy limited overs league match.
'Countering Yasir is Australia's number one priority'
Minor tweaks to his bowling after the lunch break made all the difference for left-arm spinner Steve O'Keefe who claimed a career-best six for 35 to put Australia ahead in the opening Test against India on Friday.
Tons by Sridharan Sriram and Dinesh Karthik helped Tamil Nadu post 481 in their first innings against Railways on the second day of the Ranji Trophy semi-final.
Sridharan Sriram's unbeaten 81 helped the hosts score 244 for six at close on the first day of their Ranji Trophy semifinal against Railways.
Test opener Shiv Sunder Das will lead the team on the tour of England, from June 22 to August 3.\n\n
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