Leading Indian public sector banks State Bank of India, Bank of Baroda and Syndicate Bank are close to committing a part of the $3 billion bridge loan that Tata Motors has to raise to finance the acquisition of Jaguar and Land Rover from Ford.
Buying a second-hand car has become hassle-free, courtesy the presence of corporate players like Maruti Suzuki's True Value and Mahindra and Mahindra's First Choice.
For someone like me who studied Sam so intently, if a lump could form in the throat during the emotive scenes, I think the cast did a superb job, notes Lieutenant General Syed Ata Hasnain (retd).
The 125-km stretch covering Sanand, Hansalpur and Vithalapur, with connected nodes at Kadi and Halol, is set to emerge as the next major automobile hub in India.
Domestic and foreign companies pour in a slew of investments in Gujarat.
In the technology (tech) world, especially storage, Sanjay Mehrotra is a well-known name. Co-founder of SanDisk, a flash memory storage company in 1988, it was eventually acquired by Western Digital in 2016 for a whopping $19 billion. For a boy from Kanpur, who went on to pursue higher studies in the US, becoming the chief executive officer of Micron Technology, Inc - one of America's largest memory chip makers - and now setting up the company's first plant in India, it has been quite a ride.
Aseem Chhabra lists must watch films, many classics, some relatively new and several personal favourites.
The youngest in the new lot is Rahil Ansari, 38, who is heading Audi in India since February
Suneet Varma discusses his fondness for jewellery, his newly-minted role as a jewellery designer, and why he'd like people to reconsider their love for gold jewellery.
Many films and shows go back in time to bring alive so many fading and forgotten memories.
What worked for Hyundai in India when so many other auto manufacturers have had to eat humble pie? Pavan Lall finds out.
There was no sale of premium sedan Kizashi during the month.
A pick of just 10 watchable (a couple of them admittedly in the so-bad-it's-fun category) foreign films starring Bollywood stars in significant roles are available to watch on streaming platforms.
The second Red Sea International Film Festival saw some high fashion from Bollywood's glamour girls and handsome stars.
'India is still hierarchical, but not as much as Japan and people appreciate a flat working culture,' Charles Frump, managing director, Volvo Cars India, tells Pavan Lall.
After clocking losses for seven straight quarters, Tata Motors on Wednesday posted a consolidated net profit of Rs 3,043 crore in the third quarter (Q3) of 2022-23. This came on the back of a strong order book, better semiconductor chip supply, tempered commodity prices, and a better product mix. "We remain cautiously optimistic about the demand situation, notwithstanding the global uncertainty.
Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.
The new year will see a line of hatchbacks (including compact SUVs) hit the Indian roads. Rajesh Karkera/Rediff.com offers a peek.
The measures government takes next to push economic growth will be the key for automotive sector
Ford said it had also shut its plant, with an annual capacity of 340,000 engines and 200,000 vehicles.
Within a few hours of Nitish Kumar leaving the NDA, entirely reasonable people were speculating as to how the CBI or ED could be used against him or his party, notes Mihir S Sharma.
Finch said Langer had cleared the air before flying with the team to West Indies.
During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.
Rajesh Karkera wonders if India has the roads for Ford Mustang, a car which is powerful by design.
Some players had expressed dissatisfaction over Langer's management style because of his intensity and mood swings.
Clock 11% growth in the first 11 months of 2022.
Reliance on a single model begins at about 40% and goes up to 80 % in case of some companies
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
There are a lot many gems he produced long before Naatu Naatu became a worldwide Oscar-nominated (and winning in all likelihood) sensation.
The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross
Reflecting the mood, passenger vehicle sales in November either remained muted or skidded for most manufacturers as high fuel prices and the higher cost of borrowing dampened buying sentiment.
The 2-door vehicle may finds its way back in India with the launch of the all-new Thar by Mahindra and Mahindra, says Rajesh Karkera.
Should we not be creating roles in India for the talented, asks Ajit Balakrishnan.
With the threat of a third Covid-19 wave looming large, companies are scrambling to protect employees and keep operations safe--from a no-jab-no-entry-at-workplace policy to ramping up vaccination, it's an all-out effort to prevent the scale of devastation seen in the first two waves. At least two top steel companies--Tata Steel and ArcelorMittal Nippon Steel India (AM/NS India)--are pushing for vaccination certificates for entry into work premises. AM/NS India, a joint venture between world's leading steelmaker, ArcelorMittal, and Japan's Nippon Steel, is set to make vaccination the certificate a requirement from July 1.
However, notable absentees from the expo will be Honda, Toyota, Ford, BMW, Audi, Lexus, Volvo and Jaguar Land Rover along with two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Co.
If future episodes are as verbose and unwieldy, it might be difficult to keep from switching channels, points out Deepa Ghalot.
The Supreme Court on Wednesday questioned the CBI and the Gujarat government as to why they want to send social activist Teesta Setalvad and her husband Javed Anand back in jail after they have been out for over seven years on anticipatory bail.
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