Senior Indian and Pakistan army officers held a flag meeting at the Line of Control in the frontier Poonch district on Tuesday.
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.
The factory, inaugurated on Tuesday, will initially build Skoda Auto AS's Fabia hatchbacks from May before beginning production of a hatchback version of Volkswagen Polo in 2010. With this, VW becomes the last of the world's biggest auto manufacturers to mark its foray into India through a full production facility.
The launch the Polo is well-timed, since by next year, car manufacturers like Nissan, Toyota and Ford would unveil their compact cars.
Exchange of sweets between border guards of India and Pakistan along the LoC and the IB in Jammu and Kashmir, a regular feature during Eid festivities, did not take place on Wednesday.
There was a time when one roamed the Expo halls at Geneva and wondered what to file back home. Not any more. Almost every serious carmaker worth its powertrain has at least one serious car meant for India.
Both the sides mutually agreed to the importance of exercising restraint on the LoC and keeping the communication alive through established reconciliation mechanism.
DaimlerChrysler plans to buy 26% of the bus body builder Sutlej Motors. The two companies will then jointly manufacture buses for the Indian roads.
The international chemical giant Dow will invest $100 million in Research and Development (R&D) facility at Chakan, near Pune. The centre may be fully functional by 2010. The R&D facility would come up in the 100-acres, and will employ 500 researchers.
Villagers and the people of the Varkari sect are on one side and state government and Dow Chemicals on the other. The bone of contention is the future of Dow Chemicals' $100-million R&D project, for which 100 acres of land was allotted in the village near the Sudha -- held sacred by the followers of a Bhakti cult called Varkaris.
690 Supermoto, 690 Duke will be assembled at its Pune plant.
The auto maker wants to cut output in the wake of low demand.
As a part of confidence building measures between the two countries, 191 people of divided Indian and Pakistani families were allowed to cross over the Line of Control at Chakan-da-Bagh point in Poonch district of Jammu and Kashmir on Monday.
As Islamabad on Tuesday assured New Delhi of its commitment to make the truce hold along the Line of Control (LoC) in Jammu and Kashmir, Indian and Pakistani troops would have a flag meeting on Wednesday at an LoC point in Poonch sector against the backdrop of recent disquiet caused by unprovoked Pakistani firing.
Bajaj Auto Ltd, the country's second largest two-wheeler manufacturer, on Monday said it has picked up 14.5 per cent stake in European sports bike maker KTM Power Sports AG for more than Rs 300 crore (Rs 3 billion).
PM also invited US-based GE and other global firms to invest in the defence sector.
Bajaj Auto expects to launch its small car in the next four years in partnership with Renault and Nissan.
The company now offers seven different models of SUVs in India compared to two models a decade ago and contributes around 40 percent of sales up from 30 percent a couple years ago.
Mahindra & Mahindra Ltd has touched 50 lakh vehicle production milestone, rolling out its 5 millionth vehicle from Kandivali plant in Mumbai.
During the searches, documents related to exchange of California almonds were seized by NIA and were being scrutinised, the NIA said.
Triumph's portfolio includes high-powered bikes such as the Daytona 200, Rocket III, SuperSports Daytona 675R and Tiger 800, apart from its iconic Bonneville family.
A total of nine persons, including two residents of PoK, were supposed to cross the Chakan-da-bagh post on Poonch-Rawalkote road to go to PoK, the sources said.
They will cross from Chakan-da-Bagh on the LoC.
Indians desirous of using the crossing points may collect application forms from and apply to Regional Passport Office, Srinagar.
The S 400 has a 3-litre, V6 petrol engine with a maximum torque of 480Nm and power of 324bhp.
Prakash Ambedkar, the grandson of Dalit icon B R Ambedkar, said Maharashtra Democratic Front, Maharashtra Left Front, besides 250 organisations, have supported Wednesday's shutdown.
Two-wheeler major Bajaj Auto on Friday launched 'Avenger' with the DTS-i technology, its latest offering in cruiser bike segment.
A tough and stylish SUV from Mahindra & Mahindra Ltd will hit the roads in September.
Luxury carmaker Mercedes-Benz launched an upper-end variant of its flagship luxury sedan E-Class in diesel version -- E350 -- making it the eighth of the planned 10 launches this year.
'There is good indication that the economy is bouncing back, but the problem is, we should look at the eight quarters preceding March 2020.' 'The growth had fallen below 3.1% before March 2020.' 'So, the governments must realise that even if you transform the best of green shoots into banyan trees, you see only 3.1% growth.'
Bajaj Auto Ltd would spend Rs 150 crore for new products and capacity expansion, enabling it to surpass the 10-12% two-wheeler industry sales growth expected this year and set up an assembly plant in Indonesia, a top company official said.
.jpg)
Condusive climate across states is crucial for manufacturing growth.
The project, code-named MF101 by Foxconn, will be spread across 1,500 acres at Talegaon or Khopoli.
The bodies of the four soldiers of Bihar regiment, who were killed after "heavily armed terrorists" ambushed an Indian army patrol along the Line of Control in Jammu and Kashmir on Tuesday, arrived in Patna on Wednesday night. Their funeral will take place at their respective villages on Thursday, a police official said.
There have been four ceasefire violations along the LoC in Poonch in March.
.jpg)
M&M saw its sales drop by 26.93 per cent to 15,881 units in December 2013. Last year also the company had shut down its tractor plants at Jaipur and Rudrapur for five days and two days, respectively, due to inventory pile up amidst falling sales.
Senior military officials of India and Pakistan will meet on Friday in Pooch sector in Jammu and Kashmir to discuss ways to strengthen the ceasefire along the Line of Control against the backdrop of violations in the recent past.
