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As end of Fed's 'free money' nears, Americans still likely to spend

Women carry shopping bags through Times Square in New York. Photograph: Andrew Burton/Reuters Judged by how long it has been going on, the current US economic expansion should be on its last......

GM owes ArcelorMittal $9.6 million

Bankrupt General Motors has to pay $9.55 million (about Rs 450 million) in trade debt to the world's largest steel maker ArcelorMittal. The car maker, which filed for bankruptcy protection under......

US may own 70% stake in GM

The United States government may own 70 per cent stake in the restructured General Motors, the ailing auto maker which is battling to avert a possible bankruptcy. "The latest plan for the troubled......

Detroit given three months to find salvation

The next three months will be a wrenching time for every player in the North American motor industry as the Detroit carmakers seek to prove their long-term ­viability. The scale of the task was......

What GM sees in Chrysler

When news first leaked out that General Motors (GM) was interested in buying Chrysler from private equity firm Cerberus Capital Management, the general reaction from auto-industry watchers was: Are......
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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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