The stand-off at the facility, which employs around 1,900 permanent workers and 2,500 contract workers, began on November 5 morning when the company management did not allow some of the contractual workers to go inside the plant.
Ajit Balakrishnan on mapping the Business Serengeti.
General Motors on Saturday launched its new sedan, Chevrolet Aveo, positioned as an entry-level mid-sized car and said it is eyeing total sales of 50,000 vehicles in the Indian market this year.
The Supreme Court on Monday directed Uber to apply for a licence within three weeks to operate in Maharashtra, stressing that cab aggregators cannot function without one. A bench led by Chief Justice of India (CJI) D Y Chandrachud said that an earlier interim order by the Supreme Court that had allowed Uber to operate in the state would not provide legal cover, since an aggregator cannot operate without a licence. It ordered Uber to apply for a licence by March 6, said a report by Bar and Bench.
Like the Shourya and Prahar missiles, the Pralay is powered by conventional solid fuel, and its payload is designed to carry only a conventional warhead.
PepsiCo's India-born CEO Indra Nooyi has been ranked third most powerful businesswoman by Fortune, the only Indian-origin woman on the 2014 list topped by IBM Chairman and CEO Ginni Rometty and General Motors CEO Mary Barra.
General Motors, the world's biggest carmaker, on Tuesday rolled out its small car Chevrolet Spark in India as it takes on market leader Maruti Suzuki in one of the world's fastest growing automobile markets.
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 US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
The Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore on 14 top carmakers of the country for violating trade norms in the spare-part andafter-sale service market.
Auto major General Motors India on Friday launched its premium hatchback car, the 1.2 litre petrol Chevrolet Aveo U-VA at Rs 3.99 lakh (ex-showroom Delhi).
What explains India's love affair with SUVs? They are not exactly "value for money" -- the watchword for brands across segments -- nor always practical. Is it for the badge value? Or the butch imagery associated with SUVs? Maybe both, says Alokananda Chakraborty.
Petrol pumps in many cities witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers against a provision in the new penal law on hit-and-run accident cases involving motorists.
Nepal's decision to ban the import of non-essential items amid depleting forex reserves may hit Indian exports. The country's central bank - Nepal Rastra Bank - last week instructed commercial banks not to open letters of credit (LCs) for importing non-essential items. This is to prevent further decline of the country's foreign exchange reserves. However, it has not issued any formal communication yet.
Automobile sales in India started on a high note this fiscal with cars and bikes witnessing an over 16 per cent surge in demand in April even as commercial vehicles saw numbers gain to the maximum, rising by a whopping 68.5 per cent.
Ajit Balakrishnan on how to arrest a worldwide decline.
UltraTech Cement was the biggest gainer in the Sensex chart, climbing 3.13 per cent, followed by Kotak Mahindra Bank, Tata Motors, Axis Bank, Maruti, Bajaj Finserv, Bajaj Finance and Mahindra & Mahindra. In contrast, Infosys, Tech Mahindra, Tata Consultancy Services, Wipro, Bharti Airtel, HCL Technologies, ICICI Bank and Nestle were among the laggards.
The Indian subsidiary of US auto giant General Motors Corp will launch a premium sedan Chevrolet Optra later this month, making India the second country in the world after South Korea where this vehicle would be produced locally.
HCL Technologies Ltd, India's fifth-largest software exporter, reported on Thursday second-quarter consolidated net profit fell 35.9 per cent year-on-year, slightly below market expectations, pushing its shares lower.
Poor contract workers often have little or no access to safety equipment or health benefits in factories.
The Tata Tech IPO will be the first from the Tata group since TCS listed its shares in 2004.
Passenger vehicle wholesales in India rose by 14.16 per cent in August to 2,15,916 units, driven by pent-up demand, industry body SIAM said on Friday. According to the latest data by the Society of Indian Automobile Manufacturers, passenger vehicle wholesales stood at 1,89,129 units in the same month last year.
During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.
White is easy to maintain, looks brighter than other colours over a longer period, is the least commonly rejected colour among family members, has high resale value, provides better safety at night, absorbs less heat in the summer season, makes small cars look bigger, and is not considered inauspicious.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
After GM's India exit, Ford-Mahindra 'strategic alliance' under spotlight.
Maruti Suzuki India (MSIL) will issue equity shares on a preferential basis to parent Suzuki Motor Corporation (SMC) to acquire 100 per cent stake in the latter's Gujarat plant. This deal is expected to increase the share base of MSIL by about 4 per cent. And consequently, it will raise SMC's shareholding in Maruti by around 1.8 percentage point. "Whether it is in terms of PAT (profit after tax) or earnings per share (EPS) or dividend per share (DPS) of MSIL, the share-swap option will give shareholders a better deal than any other option such as cash payment," MSIL chairman RC Bhargava told reporters during a press conference.
Big brands like Hyundai, Mahindra and Mahindra (M&M), Toyota and Renault have lost share.
SBI's Bhattacharya is ranked second on the list, while ICICI's Kochhar is 5th and Axis's Sharma is 19th in the Fortune list
Why Danone, Philips, and to an extent Nestl and P&G remain under stress in India is a subject perhaps worthy of a business school case study, says Shailesh Dobhal.
A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
China accounts for 90% of imports of mobile phones to India.
Maruti will launch its first electric vehicle (EV) in the next financial year (FY24), and will roll out six EVs in the country by FY30, the automaker's parent firm Suzuki said on Thursday.
