Daimler to invest Rs 425 cr in India arm

German commercial vehicle maker Daimler will set up a bus manufacturing facility at Oragadam near Chennai at an investment Rs 425 crore to tap the potential offered by the Indian market, second......

Mercedes to assemble M, GL-Class in India

German auto major Daimler today said it will start assembly of its luxury sports utility vehicles M and GL-Class from Mercedes-Benz's portfolio in India by next year. Besides, the company will......

Volkswagen Vizag plant soon

The Andhra Pradesh government on Saturday said that all the remaining issues pertaining to the memorandum of understanding between the government and the German car major, Volkswagen, on the......

Two Indians in 'influential bizmen' list

Vivek Paul, Vice Chairman of Wipro and chief executive officer of Wipro Technologies, California, and Balaji Krishnamurthy, chief executive officer of Planar Systems, Oregon, have been named among......